CEI Blog

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Here’s Why Healthcare Startups Are Blowing Up their Industry & How They Destroy the Competition

April 12, 2016, 10:56 AM | Posted By: Greg Bullock

Startups in the healthcare space have inundated the market the last few years, from those companies transforming digital health record management to others that focus on improving the patient experience. In Phoenix alone, we have seen a glut of promising new technologies that include well-funded businesses and their lesser known but no-less-interesting counterparts. Nationally, venture capital in the amount of $4.1 billion was given to digital healthcare companies in 2014; other studies have overall funding for these companies at $6.5 billion. Regardless the message is clear: new and innovative digital healthcare solutions have become not just a startup trend, but a national one. And here’s why.

Topics: digital healthcare, health it, healthcare startups