BC Advantage - 2025 Issue 2

Healthcare Needs More Than Apps: The Power of Human Connection

In 2023, $10.7 billion was collectively raised by 492 digital health tech companies, according to “2023 Year-End Digital Health Funding: Break on Through to the Other Side” by Rock Health. These companies include everything from AI to virtual care solutions, portable medical devices, and more. This figure represents a significant increase from the $2.1 billion raised by 197 companies back in 2013. With a more than 400% increase in investments, there was anticipation that patient satisfaction statistics would follow a similar pattern. Unfortunately, in 2023, according to a Gallup poll, as reported in “Americans Sour...

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