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digital health investment stabilizes as new startups leverage generative ai

Digital health is stabilizing, with quarterly deal values around $1.5 billion since late 2022, primarily driven by telehealth. Investment in digital care and treatments rose to $272.3 million in Q2 2024, highlighting a surge in startups leveraging generative AI for patient care. Notable funding rounds include Foodsmart's $200 million and Sword Health's $130 million, while IPO plans are emerging for companies like Omada Health and Hinge Health.
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