Empirical Studies in Econimics and Finance
A Decision-Analytic Event-Study Framework for Evaluating Digital Health Technology Investments
Digital health investments are strategic technology-management decisions for healthcare firms, yet their short-run external evaluation is difficult to observe. This paper develops a decision-analytic event-study framework for assessing market reactions to twenty-five public digital health technology investment announcements by listed healthcare and life-sciences firms from 2018 to 2024. The events cover acquisitions, AI collaborations, remote monitoring, connected care, real-world evidence platforms, and digital hea …