Nathaniel Lacktman and Louis Lehot of Foley & Lardner recently discussed which categories of digital health hold the most potential for mergers and acquisitions (M&A) and why. They noted that the digital health industry is rapidly evolving and that M&A activity is likely to be a key driver of growth in the sector.
The two experts identified four key categories of digital health that they believe have the most potential for M&A activity. These are: telemedicine, health data analytics, artificial intelligence (AI) and machine learning, and digital therapeutics.
Telemedicine is a rapidly growing sector that has experienced a surge in demand due to the coronavirus pandemic. Telemedicine allows for remote consultations between healthcare professionals and patients, which can be beneficial for both parties. It can reduce the burden on healthcare systems, while also providing patients with more convenient access to medical care.
Health data analytics is also a rapidly growing sector, as it allows healthcare providers to gain insights into patient health and treatment outcomes. By leveraging data, healthcare providers can gain a better understanding of how to improve patient outcomes and reduce costs. This data can also be used to develop new treatments and therapies.
AI and machine learning are also becoming increasingly important in the healthcare sector. AI and machine learning can be used to automate processes, analyze data, and provide insights into patient outcomes. AI and machine learning can also be used to develop new treatments and therapies, as well as to improve existing treatments.
Digital therapeutics are also a growing sector, as they allow healthcare providers to deliver treatments and therapies remotely. Digital therapeutics can be used to treat a variety of conditions, including mental health issues, chronic diseases, and addiction.
Overall, Nathaniel Lacktman and Louis Lehot believe that these four categories of digital health hold the most potential for M&A activity. They noted that the digital health industry is rapidly evolving and that M&A activity is likely to be a key driver of growth in the sector. They also highlighted the potential for digital health companies to partner with traditional healthcare providers, as this could open up new opportunities for both parties.
In conclusion, Nathaniel Lacktman and Louis Lehot of Foley & Lardner have identified four key categories of digital health that they believe have the most potential for M&A activity. These are telemedicine, health data analytics, AI and machine learning, and digital therapeutics. They believe that M&A activity is likely to be a key driver of growth in the sector and that digital health companies can benefit from partnering with traditional healthcare providers.
