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Investors in New York digital health 'recalibrating' amid uncertainty over Trump policies

Fundraising efforts by the city's digital health companies suffered in the first quarter amid continuing uncertainty about the future of President Donald Trump's health care policies, said Unity Stoakes, co-founder and president of StartUp Health.

The Manhattan-based accelerator's data arm, StartUp Health Insights, said companies in the metropolitan area raised $57 million in nine funding rounds during the first quarter of the year, less than 10% of the amount raised during the same period in 2016.

Last year's numbers were inflated by large financing rounds from Oscar and Flatiron Health—which raised a combined $575 million in the first three months of 2016.

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