Rock Health

Healthcare provider sitting down and looking at a computer screen with diagnostic images on it
By  Jessica Hagen 01:49 pm December 12, 2023
AI in healthcare and value-based care enablement are top developing trends in healthcare, but lack scalability so far, while big box retailers as providers and data interoperability have shown a high volume of activity in 2023, and are scaling with long-term trajectories. Rock Health's report, which utilized data to determine the sequence of developments in the digital health space this year,...
Businesspeople looking at financial charts
By  Emily Olsen 04:15 pm April 3, 2023
Digital health startups raised $3.4 billion across 132 deals in the first quarter, according to Rock Health's latest funding report. Though investment in Q1 surpassed the last two quarters – where companies notched $2.7 billion in Q4 and $2.2 billion in Q3 – the authors noted this probably isn't a return to the booming funding environment seen in 2021 and early 2022.  "Overall, Q1’s mega-deal...
Healthcare provider on a computer
By  Jessica Hagen 12:55 pm February 28, 2023
Eighty percent of all respondents have used telemedicine within their lifetime and it's now the preferred channel for receiving prescriptions and care for minor illnesses, according to Rock Health's 2022 Digital Health Consumer Adoption Survey.  The survey, which asked 8,014 U.S. adults about their experience with digital health, also found that audio-only and asynchronous telemedicine modalities...
A person giving a presentation to colleagues.
By  Emily Olsen 11:03 am January 10, 2023
Digital health funding took a tumble in 2022, with U.S.-based startups raising $15.3 billion across 572 deals. Rock Health's report found the year's funding total was a little over half of 2021's $29.3 billion, and just beat out 2020's $14.7 billion. Average deal size was $26.7 million, which didn't surpass either of the previous two years.  "With recession concerns looming, H2 2022’s quarterly...
People looking at a board with post-it notes
By  Jessica Hagen 03:10 pm December 2, 2022
Return on investment and clinical validation will be the most significant indicators for success for digital health companies in 2023, according to a survey by investment firm GSR Ventures. The survey, which included responses from more than 50 investors, found that more than 94% deemed ROI to be "important" or "very important" to a digital health company's success, and 79% said clinical evidence...
A person presenting to investors
By  Emily Olsen 10:55 am October 4, 2022
Digital health startups raised $2.2 billion across 125 deals in the third quarter this year, marking the lowest-funded quarter since Q4 2019.  The report by Rock Health found digital health funding has reached $12.6 billion across 458 deals so far this year, far below 2021's booming investment landscape. Funding also fell 48% between Q2 and Q3 this year, while the number of deals only dipped 14...
Businesspeople looking at financial results
By  Emily Olsen 01:03 pm July 12, 2022
Digital health funding has declined from the blockbuster investment seen in 2021, but a Rock Health report on the first half of the year notes it isn't all doom and gloom for the sector.  The report found U.S. startups raised $10.3 billion across 329 deals in the first half of 2022, with an average deal size of $31.2 million. Though funding in the first quarter of the year was similar to Q1 2021...
Two businesspeople looking at charts displayed on a large screen
By  Emily Olsen 11:48 am April 5, 2022
Coming off a groundbreaking year in 2021, digital health funding may be finally slowing down as the industry wraps up the first quarter of the new year. According to Rock Health's Q1 2022 report, U.S. digital health startups raised $6 billion across 183 deals, well behind Q4 2021's $7.3 billion. Though the first quarter of the year usually isn't the brightest spot when it comes to funding, the...
A family talking to a doctor on their laptop.
By  Emily Olsen 11:58 am December 14, 2021
Younger patients with higher incomes and education levels are still the top consumers of telehealth, pointing to potential access inequalities, according to Rock Health’s 2021 Digital Health Consumer Adoption Survey. The survey, which this year asked nearly 8,000 U.S. adults about their experiences with digital health and telemedicine, found the most likely telehealth consumers were higher income...
Stethoscope on a colorful financial report
By  Mallory Hackett 12:33 pm October 7, 2021
Now that the third quarter of 2021 has ended and the venture reports are coming in, one thing is certain: Investors are continuing to bet big on healthcare innovation. In fact, investors have poured more into healthcare this year – $97.1 billion – than any other industry, according to CB Insights’ State of Venture Q3’21 Report. It has collected 22% of the total amount raised so far in 2021. For...