How digital-therapeutics startups can survive after Pear bankruptcy

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Using video games as medical treatments seemed promising, but a stunning failure raises questions about the future of digital therapeutics

, compared to a $16.8 million loss in the previous quarter. Akili and Pear didn't respond to requests for comment for this story.After years of slow progress to get the clinicians who prescribe medications and the insurers that pay for the treatments on board with the new technologies, the remaining digital-therapeutics companies will have to stick it out and play by the industry's rules for a chance of survival in the tumultuous market.

Digital-therapeutics companies will have to start establishing more pilot programs with insurers to collect that real-world data, Bartels said. Plus, most digital therapeutics don't integrate with electronic-health-records systems, making it difficult for clinicians to track their patients' progress.to the digital-therapeutics company AppliedVR for its virtual-reality therapy for chronic pain. It's the first time the agency has given that designation to a digital-therapeutics company.

 

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