The digital health sector has exited its post-pandemic market correction and entered an era defined by clinical execution, structural discipline and workflow integration. Total venture capital deployed into U.S. digital health startups reached $7.4 Billion during the first half of 2026 across 244 completed transactions. This performance represents a $1 Billion increase compared to the first half of 2025, which saw $6.4 Billion raised across 245 deals, signalling a meaningful

This report provides a definitive analysis for venture capital (VC) investment in the value-based care (VBC) healthtech sector. While VBC represents a profound and necessary paradigm shift with a multi-trillion-dollar market opportunity, it is not an environment for unsophisticated capital. The core finding is a qualified "yes": venture capital should strategically back VBC healthtech, but only by targeting specific business models and deploying patient capital with a deep