Digital health funding to hit $6.5B by 2017

Investments in digital health companies is expected to reach $6.5 billion by 2017, up from $3.5 billion in 2014, according to a report from Accenture.

"A digital disruption is playing out in healthcare that will change social interactions, alter consumer expectations and ultimately improve health outcomes," said Dipak Patel, managing director of Accenture's patient access initiatives. "This momentum will be sustained if digital healthcare start-ups apply capabilities that create a seamless patient experience and result in both medical cost savings and improved outcomes."

Last year, digital startups received $2.8 billion with much of the funding going toward companies focused on infrastructure capabilities, engagement solutions, treatment tools like telehealth and diagnosis technology.

More articles on the health IT market:

Privia Health raises $400M
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