[{"innerBlocks":[],"name":"core\/freeform","postId":3480,"blockType":{"name":"core\/freeform","keywords":[],"attributes":{"content":{"type":"string","source":"raw"},"lock":{"type":"object"}},"providesContext":[],"usesContext":[],"selectors":[],"supports":{"className":false,"customClassName":false,"reusable":false},"styles":[],"variations":[],"apiVersion":3,"title":"Classic","description":"Use the classic WordPress editor.","category":"text"},"originalContent":"Funding of start-up health information technology companies was hot during the first quarter of 2017, and not just in the United States.

Global venture capital funding during Q1 2017 reached $1.6 billion, nearly twice as much as during the fourth quarter of 2016, according to Mercom Capital Group. The deals were much bigger with 165 accounting for the $1.6 billion, while 159 deals in Q4 2016 garnered $845 million in investments. The average deal was $10.75 million, more than twice the size as average deals in the fourth quarter of last year.

The five largest deals combined to grab nearly $600 million of the capital funding in Q1 2017. These companies included $200 million to Hudong Feng Technology (appointment booking platform), $115 million to Alignment Healthcare (population health management), $100 million to Patients Like Me (patient collaboration platform), $90 million to Nuna (collect and analyze data for payers), and $85 million to PointClickCare (long-term care electronic health record.) While VC deals went to companies across 19 nations, U.S. companies got the bulk of funding with $903 million from 110 deals.

HDM\u2019s Ignite: Digital Health conference July 13-14<\/a>

Bookings were the highest funded technology out of 10 categories, followed in order by mobile wireless, data analysis, population health management, telemedicine, social health network, electronic health records, apps, remote monitoring and wellness.

Mergers and acquisitions also were active with 49 deals, but down from 58 in Q1 2016. Practice-focused companies had 29 transactions and consumer-focused entities had 20 merger agreements.

A free executive summary is available here<\/a>.
","saveContent":"Funding of start-up health information technology companies was hot during the first quarter of 2017, and not just in the United States.

Global venture capital funding during Q1 2017 reached $1.6 billion, nearly twice as much as during the fourth quarter of 2016, according to Mercom Capital Group. The deals were much bigger with 165 accounting for the $1.6 billion, while 159 deals in Q4 2016 garnered $845 million in investments. The average deal was $10.75 million, more than twice the size as average deals in the fourth quarter of last year.

The five largest deals combined to grab nearly $600 million of the capital funding in Q1 2017. These companies included $200 million to Hudong Feng Technology (appointment booking platform), $115 million to Alignment Healthcare (population health management), $100 million to Patients Like Me (patient collaboration platform), $90 million to Nuna (collect and analyze data for payers), and $85 million to PointClickCare (long-term care electronic health record.) While VC deals went to companies across 19 nations, U.S. companies got the bulk of funding with $903 million from 110 deals.

HDM\u2019s Ignite: Digital Health conference July 13-14<\/a>

Bookings were the highest funded technology out of 10 categories, followed in order by mobile wireless, data analysis, population health management, telemedicine, social health network, electronic health records, apps, remote monitoring and wellness.

Mergers and acquisitions also were active with 49 deals, but down from 58 in Q1 2016. Practice-focused companies had 29 transactions and consumer-focused entities had 20 merger agreements.

A free executive summary is available here<\/a>.
","order":0,"get_parent":{},"attributes":[],"attributesType":{"content":{"type":"string","source":"raw"},"lock":{"type":"object"}},"dynamicContent":""}]

HIT startups enjoy strong VC funding in Q1 2017

More for you