Investments in healthcare startups have continued unabated. MedCity News provides events and digital hubs for healthcare entrepreneurs and investors.application deadline Medical City Investment Chicago’s Pitch Perfect competition is scheduled for March 28-30 at the Ritz-Carlton, and January 31.
We are looking for applications for the following tracks:
Medical technology
With digital transformation in full swing, Big Pharma is looking beyond the pill. Startups in this category are using digital tools to help all aspects of the pharmaceutical industry, be it drug development, clinical trials, manufacturing, digital therapeutics, patient engagement, and more.
Diagnostics 2.0
Convenience is the name of the game, especially in the field of diagnostics after the pandemic. Such startups are developing home tests (whether in kits with immediate results or kits that can be used to test at home and easily mailed) or bedside tests with results available soon.
Remote Patient Monitoring and Smart Devices
The world of medical devices is digitizing to help patients and doctors better manage their ailments, and even implantable devices are connected via bluetooth and wifi. Such startups are developing smart devices—whether wearable or permanently implanted—that can connect to apps and disease management platforms.
Care Coordination and VBC
Health systems and payers are increasingly interested in improving outcomes and patient satisfaction while reducing costs. Startups in this category use digital tools to address care delivery and coordination and clinical decision support, with the goal of driving the eventual shift to value-based care.
Entrepreneurs who make it to the finals will present their company to a group of investors who will have the opportunity to ask details about their business. The winner of each track will receive a MedCity News profile written by a member of the news team. Apply, click here.
click here View the meeting agenda
The latest health tech investment report coincides with this week’s JPMorgan Chase & Co.’s annual healthcare conference, showing that 2021 has been another record year for healthcare investment, accelerated by the public health crisis. Rock Health’s 2021 Investment Report states Digital health investment increased to just over $29 billion across 729 deals, with an average deal size of $39.9 million — almost $14.9 billion raised in 2020. start health $44 billion in health innovation funding tracked last year.
The Rock Health report observes a healthy mix of new and established investors in the digital health space, as well as large tech companies playing an increasingly active role.
“Perfect and diverse portfolio, big Technology Players are making investments and acquisitions in the space, and more and more are joining middle child– Smaller but still larger retail and tech companies, such as Best Buy This is increasing their forays into digital health. “
Photo: Nuthawut Somsuk, Getty Images
