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At the same time, it is important to remember that some of the world’s leading companies were start-ups during previous economic downturns (GE, Microsoft, Google, Netflix, Airbnb etc). Sprinter Health CEO and Co-Founder Max Cohen offers insights on what the recession might mean for healthcare companies in particular, including his advice on the current climate for start-ups, and perspectives on the outlook for digital health. For instance, companies like Uber and Slack were started at or around the time of the 2008 recession. That's substantially lower than record-setting 2021, where digital health start-ups hauled in $29.1 billion in funding, according to Rock Health data. Cohen is optimistic about Sprinter Health's (and other home-based services providers) prospects because the company helps healthcare providers and systems bridge staffing gaps and bring the last mile of telehealth services to the home affordably.
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