MedCity News March 24, 2024
During a recent panel, Flare Capital Partners’ Michael Greeley and Mount Sinai’s Robbie Freeman shared some attributes that they think stand out among digital health startups that have found success in today’s environment.
The digital health world has found itself in a “probably historically bad financing and funding environment,” noted Michael Greeley, partner at Flare Capital Partners, during a panel held last week at the HIMSS conference in Orlando.
“In 2021, our sector saw $30 billion of capital come in. We were creating a little over 1,000 companies, which was probably three times what those ten-year trend lines had been. Now, we’re in this really awkward phase — we probably created way too many companies. Many of them had kind...
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