Wednesday, January 15, 2014

Health IT Funding, $2.2B in 2013

Venture capital (VC) funding of healthcare IT was $2.2 billion in 2013, nearly doubled that in 2012, according to a report by Mercom Capital Group report.

A number of investments were made in electronic health record (EHR) companies as the trend to have patient records available electronically. While EHRs can facilitate care delivery and improve outcomes maintaining the privacy of electronic records is a critical part of EHR success.

"After record fundraising totals in 2013, healthcare IT companies have now received $4 billion in venture funding since 2010." - Raj Prabhu, CEO, Mercom Capital Group
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Sources:
(a) Health IT banks record VC cash in 2013 - www.HealthcareITnews.com, 01/14/2014

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