By and large, Q3 2018 was a slow and steady quarter for pharma moves in digital health, at least in terms of publicly disclosed operations. At events during the quarter, the likes of Johnson & Johnson, AstraZeneca, Novartis and Sanofi discussed digital therapeutics and expressed a healthy mixture of skepticism and enthusiasm for the space.
“These technologies have a tremendous opportunity to...
UnitedHealth Group finished the third quarter strong, reporting a 12 percent year-over-year revenue growth totalling $56.6 billion. This finish prompted the company to raise its 2018 net earnings outlook to approximately $12.10 per share, up from the $11.80 to $12.05 range.
CEO David Wichmann highlighted the company’s use of information, technology and clinical insights as reasons for the...
Digital health-focused news involving payers during the third quarter of 2018 comprised a number of different focus areas, ranging from chronic condition management strategies to member engagement to high-profile deals. Read below for MobiHealthNews’ coverage of this sector through July, August and September.
Diabetes management and prevention
A handful of payer news during this period...
Fitbit’s push into the smartwatch and health space appears to have been a wise one, as the company announced during its earnings call that revenue has matched and in some cases surpassed expectations in the third quarter of 2018.
The wearable maker reported 3.5 million devices sold and $394 million in revenue during the quarter, sales that the company noted came not only from fitness trackers but...
This story has been updated with an additional deal.
MobiHealthNews tracked 72 digital health funding deals in Q3 2018, totaling $3.3 billion in investment (coincidentially the same number Rock Health came up with). Both Rock Health and Startup Health have pegged this quarter as the biggest ever for digital health investment, so we've rounded up the deals so readers can take a deep dive into the...
The third quarter of 2018 was the biggest funding quarter for digital health ever, according to StartUp Health Insights. The research group attached to healthcare startup alliance StartUp Health reported $4.5 billion in digital health funding.
With $11.1 billion invested so far, investment is only $600 million short of last year’s overall total, even including the fourth quarter.
The top five...
Rock Health’s latest funding report reveals that the first three quarters of 2018 have already surpassed the total amount of funding that was spent on digital health startups in 2017. So far this year, digital health startups have raised $6.8 billion, with $3.3 billon of that coming from the third quarter alone, compared to a total of $5.7 billion in 2017.
The quarterly report suggests that...
