Global communications and consulting firm Mercom Capital Group released its annual report on funding and mergers and acquisition (M&A) activity for the Healthcare Information Technology (IT) sector in 2014 covering all global deals.
Venture capital (VC) funding in the Healthcare IT sector more than doubled in 2014, coming in at $4.7 billion in 670 deals compared to $2.2 billion in 571 deals in 2013. The sector also brought in $2.1 billion in debt and public market financing including six IPOs, bringing the total corporate funding raised in the sector in 2014 to almost $7 billion.
VC funding increased in Q4 2014 with $1.2 billion in 134 deals compared to $956 million in 212 deals in Q3 2014.
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