Healthcare IT Sets All-Time Record With $4 Billion in VC Funding

There’s a healthy outlook for healthcare IT in the world of VC these days.

Mercom Capital Group — a global communications and research firm — has just released its report on funding and mergers and acquisitions (M&A) activity for the Healthcare Information Technology (IT) / Digital Health sector for the second quarter (Q2) and first half (1H) of 2017.

According to the provided report summary, global VC funding for Health IT companies in 1H2017 was 36 percent higher year-over-year (YoY) with a record $4 billion (B) raised in 359 deals versus the $3B raised from 286 deals in 1H2016.

Q22017 VC funding also was a record, increasing 47 percent to $2.4B in 194 deals versus the $1.6B raised in 165 deals in Q12017.

Digital Health has surpassed $22.5B in the 3,031 VC funding deals Mercom has tracked since 2010.

Total corporate funding in Health IT companies — including VC, debt, and public market financing — came to $2.4B in Q22017 versus $1.8B in Q12017.

There’s much more to learn from the report, which can be purchased and downloaded here.

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