which 2020 predictions we got right), we missed the mark on a few others. Here are the predictions we got wrong, and why our forecasts were off.We anticipated that digital health IPO activity would quiet—but the unprecedented, pandemic-induced digital health boom incited several startups to make public debuts.
We didn't expect 2020 to keep pace with the flurry of digital health IPOs reported in the second half of 2019—the first crop following a three-year digital health IPO drought. But when the pandemic first hit the US hard in March, consumers and traditional healthcare facilities turned to health tech in droves, skyrocketing business for digital health providers, like telehealth and remote patient monitoring vendors.
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