Over 100 digital health CEOs joined Rock Health last month at the sixth annual Digital Health CEO Summit, co-hosted with Penn Wharton Entrepreneurship, BioQuest, and Match Point Partners. The Summit provided startup CEOs with a space for candid conversations about the challenges and triumphs of building a digital health company. They discussed what it means for digital health to be maturing as a sector, the challenge of simultaneously building products and testing new business models within an evolving industry, and what it takes to make this job sustainable—and enjoyable.
Jan Barker, Managing Director of Match Point Partners, LLC, noted, “US-based digital startups raised a record $5.8B in 2017 topping the $4.4B in 2016. Startups now must be ready to perform and transform into mature platforms that serve and bring value to patients, providers, and investors. In the remainder of 2018, we will see consolidation and failures—but the period should also allow the winners to gain market share and grow rapidly.”
Follow this link for insights and advice shared by digital health CEOs from Omada Health, Helix, Virta Health, Wellist, Evidation, and more.