Monday, May 6, 2013

Q1 2013 Healthcare IT VC Funding Increased

Q1 2013 venture capital investments in healthcare IT were close to $500 million, compared with $1.2 billion for 2012.

Raj Prabhu, CEO of Mercom Capital, who published the funding report, says "Everybody's excited about this sector. It's one of the few areas that's hot, and everyone understands it has great potential. Considering what happened in the first quarter, we're on pace for this to be a great year."

"Venture capital funding in the healthcare IT sector continues to explode in another record quarter with almost half a billion dollars ($493 million) raised."
- Mercom Capital, 2013 Q1 Healthcare IT Funding, M&A Report
Information Week's research indicates that in healthcare "regulatory requirements dominate" but "the challenge is to innovate with technology, not just dot the i's and cross the t's."

Meeting the challenge to innovate with technology are new Identity and Access Intelligence (IAI) SaaS services for proactive privacy breach detection, user access compliance and attestation.

Download a white paper on patient privacy breach detection. Learn how to proactively identify unauthorized breaches of patient data privacy, even by authorized users - with no hardware and no on-site software.
Sources:
(a) Mercom Capital, 2013 Q1 Healthcare IT Funding, M&A Report - Mercom Capital, 04/2013
(b) Health IT Investments Approach $500 Million In Q1 - InformationWeek.com, 04/19/2013

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