Pear Therapeutics was one of the most notable companies in digital therapeutics and its downfall could be an ominous sign for other industry players. “I worry it’s a signal for the immediate future of digital therapeutics,” said Dr. Rishad Usmani, founder of Healthtech Investors. Usmani has mentored and consulted founders in the digital therapeutics industry on getting physicians to adopt these tools. While most industry observers, including Usmani, are bullish on the long-term potential of digital therapeutics technology, there is a growing acknowledgment that the business model needs improvements.
Read the full article: Digital Therapeutics at a Crossroads after Pear’s Downfall //
Source: https://www.modernhealthcare.com/digital-health/pear-therapeutics-bankruptcy-dariohealth-big-health