TechCrunch October 25, 2021
The quest to provide more affordable and accessible healthcare, magnified by the COVID-19 pandemic, has spurred an explosion of innovation, which in turn has attracted massive amounts of capital. To put this into perspective, consider this: In 2019, digital health saw $7.7 billion in VC investment, and that number rose to $14.6 billion in 2020. However, the first half of 2021 alone saw $14.7 billion in VC investment.
Its marriage with fintech is the catalyst for the transformation of the healthcare industry. Similar to the unbundling of financial services and how fintech is scaling vertical SaaS, the pandemic-fueled disaggregation of healthcare has created new players that are taking a page out of the fintech revolution book — all starting with payments.
A growing number of startups...