The article discusses the challenges faced by digital health startups in raising funding and achieving profitability. Despite venture capital firms investing $75B in Q4, many startups are struggling to secure funds, and some notable unicorns like Cerebral, Forward, and Ro have laid off hundreds of employees due to financial constraints.

Key points from the article:

  1. Digital health industry challenges: The article highlights the difficulties faced by digital health startups in achieving profitability and securing funding.
  2. Unicorn layoffs: Notable unicorns like Cerebral, Forward, and Ro have laid off hundreds of employees due to financial constraints.
  3. Shift towards infrastructure plays: Companies like SteadyMD and Healthie are focusing on providing infrastructure services to healthcare providers and startups, rather than building their own products.
  4. Capital efficiency: The article notes that venture capital firms are prioritizing capital efficiency and unit economics when investing in digital health startups.
  5. Industry trends: The article suggests that the industry is moving towards a more cost-conscious and profitable approach.

Overall, the article provides insights into the current state of the digital health industry, highlighting the challenges faced by startups and the emerging trend towards infrastructure plays and capital efficiency.