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Q3-2021 Healthcare IT Update

Provident Healthcare Partners
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Q3-2021 Healthcare IT Update

The Healthcare Information Technology (HCIT) sector continued to experience elevated levels of M&A activity during the third quarter of 2021. As providers, health plans and hospitals continue their search for innovative technology to assist in their operations, analytics and business intelligence was one of the most active sub-spaces in the past quarter. Notably, the acquisition of CIOX Health by Datavant marks the fourth time CIOX has changed hands, reflecting the heightened interest by financial sponsors and strategic investors in the sector.

During the last stretch of 2021, the HCIT sector is expected to continue its theme of robust M&A volume, driven by an industry need for better and more reliable data to enhance clinical decision making and ultimately improve patient outcomes.

To print and download the full Healthcare IT Update report, please click below…

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Sources: SEC Filings; Company Press Releases, and Reports; IBISWorld; Capital IQ; PHP Estimates and Research. This document has been compiled with publicly available information. Provident Healthcare Partners, LLC makes no guarantee of its accuracy or completeness. No data or statement should be construed to be a recommendation for the purchase, sale, or retention of any security.