Digital health funding has decreased following a huge spike in investment during the COVID-19 pandemic. With less cash flowing to startups, it may be time for increased consolidation. Announced merger and acquisition activity didn’t spike last year, according to a new report by Rock Health. But some of the methods startups used to buy time in 2023 — like extension rounds and unlabeled raises — probably won’t work a second time, leaving companies more likely to consider M&A. Alex Momeni, partner at General Catalyst, talks about the potential benefits of consolidation for companies as well as digital health consumers.
Read the full article: Synergies and Deep Talent Pools: General Catalyst’s Alex Momeni on Why Digital Health M&A Could Increase in 2024 //
Source: https://www.healthcaredive.com/news/digital-health-funding-merger-acquisition-ipo-2024-alex-momeni-general-catalyst/702729