Q2 2023 Healthcare IT Update
Deal flow in Healthcare IT was strong in Q2 2023, continuing a trend from previous quarters. Total transaction value, however, decreased from Q1 2023 given the bolt-on nature of most transactions during this quarter. While interest rates remain high amid an uncertain macroeconomic landscape, Healthcare IT has once again proven to be a resilient sector that still commands strong investor interest.
One prevalent theme from prior quarters continued into the second quarter; the transition to value-based care models across the healthcare industry is still leading companies to invest heavily in bolstering their IT capabilities to remain competitive. Provident expects this theme to continue to bolster M&A activity throughout the remainder of 2023 and into 2024.
To print and download the full Healthcare IT Update report, please click below…
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