Welcome to Insider Healthcare. I'm Lydia Ramsey Pflanzer, and today in healthcare news:
- We rounded up 6 startups tackling mental and behavioral health for kids and young adults;
- Meet the 11 newly minted healthcare unicorns of 2021;
- Why companies that make apps and video games could be prime takeover targets for telehealth firms.
- These six mental- and behavioral-health startups are focusing on children and students.
- Young people's mental health has deteriorated during the pandemic.
- Mental-health startups raised over 50% more money in 2021's second quarter than in its first.
VCs just can't get enough of healthcare. Here are the 11 top upstarts they propelled to billion-dollar status.
- Healthcare startups raised about $35 billion globally in 2021's second quarter, CB Insights reports.
- Among them are 11 companies valued for the first time at more than a billion dollars each.
- The startups, spanning from telehealth apps to dental clinics, are valued at a combined $27 billion.
Apps and video games are changing the way we treat diseases. Experts say they're prime M&A targets for telehealth firms.
- Apps and video games that can treat health conditions nabbed $1.2 billion in VC dollars in 2019.
- Only a few commercial products have been launched so far, and they're struggling to penetrate the healthcare system.
- Experts say this field is primed for consolidation and could be a great target for telehealth firms.
More stories we're reading:
- Pfizer's COVID-19 vaccine works very well against the Delta variant – but only after 2 doses (Insider)
- A new study found that medical debt has hit $140 billion, overtaking all other kinds of personal debt (HealthcareDive)
- Johnson & Johnson's vaccine produced fewer antibodies against Delta compared with other shots in an experiment. Experts say we shouldn't worry about the results. (Insider)
- How isolation and disparities can make heat waves deadly (Washington Post)
- What to do if you're exposed to COVID-19 after being fully vaccinated, according to experts (Insider)
Read the original article on Business Insider