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Digital health The addition of digital solutions should be coupled with a strategy that is based on employer-specific data, promotes employee engagement, and is consistent with overall organizational goals. (Image: Shutterstock)

The marketplace is flooded with digital health solutions. In the first half of 2021, digital health funding reached $14.7 billion, already surpassing the total venture funding raised in all of 2020. This influx of digital health solutions poses a challenge to employers, who are overwhelmed by the number of options available and finding the best solution for their employees’ needs.

On top of venture funding, digital health mergers and acquisitions have been on the uptick — 2020′s top 20 digital health deals totaled $50 billion. In the past few years, we’ve seen a consolidation of condition-specific point solutions including acquisitions by Omada of Physera, Accolade of 2ndMD, Teladoc of Livongo, Ginger and Headspace, and many more.

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