A record $7 billion of venture capital poured into health care services in the first quarter, the highest quarterly total in at least a decade. (Graphic: Chris Nicholls)
The large influx of digital-health startups during the pandemic is raising the question of whether there can be too much of a good thing.
"We are inundated," Meredith Touchstone, director of benefits at CarMax Inc., told the Wall Street Journal. "We already have these very big portfolios of vendors. And with all this new stuff coming into the market, there's no way to assess literally thousands" of digital-health services now available.
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