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Digital Health Is Strategic Priority for Healthcare Investors

February 07, 2019 / Fred Donovan

Close to two-thirds of healthcare business leaders and investors said digital health is a strategic priority for them, with 63 percent planning to invest more in the future. A full 83 percent of 441 respondents to a global survey by law firm Simmons & Simmons said that collaborations, such as consortiums and corporate joint ventures, are the best way to take advance of digital health opportunities in the next 12 months. Seventy-nine percent of respondents said minority investments are the best way to seize opportunities, while 78 percent cited mergers and acquisitions as the best path, 70 percent said hiring staff with digital expertise is the best path, 65 percent cited building internal capability as the best bet, 66 percent said signing service contracts is the best way, and 59 percent said changing company culture and policies is the best way to seize opportunities. Simmons & Simmons define digital health to cover the use of digital technologies for: Healthcare processes, i...