MobiHealth News November 21, 2022
During a discussion at the HLTH 2022 conference, panelists said that companies need to refocus their business models due to an anticipated lack of funding.
There was a massive influx of capital provided to digital health companies in 2021, but there’s since been a contraction in the public market, with digital health funding decreasing.
Still, with the increased investments seen last year, companies’ valuations rose and many gained unicorn status, a term given to privately held companies valued at a billion dollars or more.
But were companies valued at these high prices too early, allowing for unrealistic growth expectations?
“We don’t look for operators that are focused on that price at all. It’s how much capital do I need...
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