IIs it too early to say that the boom in health technology feels a million years ago?
In 2020 and 2021, the shock of pandemic and favorable economic conditions created an explosion of adoption and investment for companies that hoped to transform a corner of the Stodgy health care system with technology.
These roaring days look like a distant memory. Many of these potential disruptors are now struggling in a very different environment. Interest rates are high and, from the last accounting, private investment in health technology for 2023 was on the right track to reach less than half Its peak of 2021. Many companies which once made it possible to continue growth have pivoted in survival mode, licensed of workers, adjusting business plans and resulting from capital on all available terms. Meanwhile, as health care habits have brought back to the status quo, dreams of a rapid transformation fueling rapid success have faded to reality which gives to think that the sale of health care services is Slow and difficult, even when you have a very good idea.
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