2014 has seen booming growth in health IT acquisitions and mergers in 2014

July 30, 2014 | Reply More

Credit: mHealthWatch

The first half of 2014 has seen booming growth in health IT mergers and acquisitions, with total deal volume up 18 percent since the second half of 2013, according to a report by Berkery Noyes, an independent investment bank. The Healthcare/Pharma Information and Technology Industry report found that “aggregate value gained 46 percent, from $3.73 billion to $5.45 billion” and deal volume in the Healthcare IT segment improved 17 percent, from 65 to 76 transactions.

According to Tom O’Connor, Managing Director at Berkery Noyes, “In the rapidly changing healthcare information/technology marketplace, both strategic and financial buyers are on the hunt for attractive acquisitions of scale. Companies with good scale, recurring revenue, and high growth rates with a large addressable market opportunity, whether they are long term care information/education/technology providers, revenue cycle management, point-of-care information solutions, or one of many other attractive niches, are in high demand from both private equity and strategic buyers.”

Read more: http://mhealthwatch.com/strong-2014-so-far-for-health-it-mergers-and-acquisitions-23642/

Category: Archives, In The News, Industry News, News

Leave a Reply