What do digital health startups need to raise funds in 2024?

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Top Story Profitability Is King in 2024's Fundraising Environment, Expert Says This year's digital health fundraising environment requires startups to focus more on their unit economics and pathway to profitability, according to Ian Wijaya, managing director at Lazard. He predicted that the ability to achieve profitability will be much more important in 2024 than it has been in the past four years or so. Sponsored Content The Benefits Of Adopting a Hyperpersonal Care Model for Patients Presented by AVIA Health This webinar will feature expert panelists from Praia Health and Providence, interviewed by AVIA. They will discuss the benefits of adopting a hyperpersonal care model for patients, barriers that hold health systems back, and will unpack Praia Health's technology capabilities.  Sign up today! What's the ROI for Attending INVEST 2024? Convenience, budget friendly (less than a latte a day), and the biggest benefit/ROI is networking. A 2023 attendee said, "I was impressed by the mix of attendees and intentionality behind the networking sessions." It doesn't get any better, this is the best of the best when it comes to networking in healthcare. Register Today and Save!

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How Can AI Support Value-Based Care? During a panel discussion at CES 2024, health executives shared safe ways AI can be used to support value-based care. This includes automating tasks and predicting who needs additional care. Gearing Up to Challenge Pfizer in a Rare Disease, BridgeBio Secures Up to $1.25B BridgeBio will receive $500 million in exchange for royalties from sales of acoramidis, a drug currently under FDA review for treating heart complications caused by the rare disease transthyretin amyloidosis. The deal also refinances lending agreements, providing BridgeBio with access to additional capital. TBD Health Partners with Wisp, FOLX Health To Offer Access to Testing and Diagnostics TBD Health is moving into the B2B healthcare space by partnering with digital health companies, starting with FOLX Health and Wisp. Bayer's Cost-Cutting Plans Take Aim at Multiple Layers of Management CEO Bill Anderson said despite prior cost-cutting measures, Bayer still has too many layers of management and bureaucracy. A new restructuring will come with layoffs but the corporate shakeup plan does not yet include a separation of Bayer's business units. Disruption from Weight Loss Drugs Has Only Scratched the Surface. Telehealth Can Help Overcome the Next Big Obstacle Telehealth is poised to serve as an essential tool to fill an exploding demand for care. Providers and digital health companies need to act now by expanding telehealth offerings that include on-demand care teams knowledgeable and experienced in GLP-1 drugs, but also overall health and wellness strategies. 10 Key MedTech Themes for 2024 Increasing innovation in, and consumer demand for, healthcare technology continue to transform the Medtech industry, including in digital health, wearables, diagnostics, telemedicine and other health IT solutions.

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