@ShahidNShah
Global Telehealth Investment Is Still On The Rise
Researchers found a 169% year-over-year increase in global telehealth investment, with the top five deals alone worth $1.5 billion.
A new report from CB Insights found that global telehealth investment rose for the fourth consecutive quarter in Q2 of 2021 – with teletherapy deals representing a substantial share.
The State Of Telehealth report found that much of the growth was pushed by accelerating digital transformation initiatives, as well as patient experience prioritization.
At the same time, stakeholders and thought leaders voiced concerns about health inequity, and lobbyists mounted the pressure for long-term regulatory reform.
WHY IT MATTERS
The telehealth train has continued to chug along, despite dire warnings from health advocates about what might happen if the public health emergency expires without any action from Congress.
Indeed, the CB Insights report was optimistic from a financial perspective: It found that global telehealth investment grew 17% quarter-over-quarter compared to Q1 of 2021, and 169% year-over-year, to reach a record high of $5 billion across 163 deals.
As far as segments go, telemedicine providers, platforms and marketplaces saw their first decline in six quarters, with mergers and acquisitions at a record high.
Meanwhile, teletherapy – especially with regard to mental health and chronic diseases – was an investor hotspot, and virtual care enablement companies saw a funding high.
Continue reading at healthcareitnews.com
Make faster decisions with community advice
- Abbott Receives FDA Clearance For AI-powered Heart Imaging Software
- Behavioral Health Has a Supply and Demand Issue. Can Virtual Care Help?
- Going to HIMSS21 in Vegas? Here's what you need to know
- Microsoft Makes a 16-billion Dollar Bet On Healthcare
- Allegheny General Hospital saves $1.2 million with IV robotics
Next Article
-
Going to HIMSS21 in Vegas? Here's what you need to know
HIMSS21 will kick off one week from today in Las Vegas as the first and largest on-site healthcare conference since the start of the COVID-19 pandemic last spring. The conference host, …
Posted Aug 3, 2021 Marketing and Communications Healthcare Transformation