Health startups will likely need to consolidate as funding normalizes following a flood of pandemic-era investment, experts said during a panel discussion at the annual HLTH conference. The healthcare sector saw a swell of new companies raising money at high valuations in 2021. Now, health technology funding has declined compared with pandemic highs, and down rounds, which is when the value of a startup is lower compared with a previous raise, have increased, according to a recent report by Silicon Valley Bank. Consolidation could be good for the market — and allow companies to add new products and capabilities at a time when capital is harder to come by, said Teresa Lee, managing director at Omers Growth Equity.
Read the full article: Health Startups Need Consolidation After Pandemic Funding ‘Sugar High’ //
Source: https://www.medtechdive.com/news/healthcare-services-technology-funding-consolidation-mergers-acquistions-hlth/730581