"More than 80 percent of the capital invested [in digital health care deals] is still seeking some type of exit, either through an IPO or M&A. A lot of that capital ultimately may not realize an exit."

Cody Nystrom, managing director at SJF Ventures, a growth-stage venture fund, in a recent interview with Medical Marketing & Media for its report, “Digital-health dollars are a disruptive force, but many investors stand to get burned.”