INSIGHT

Q3-2018 Healthcare IT Update

As the population continues to age, companies have increased their efforts to support preventive care. Both Apple, Amazon, and Microsoft have begun investing in healthcare IT applications to assist the aging population, causing entrepreneurs to follow suit. Digital health entrepreneurs aren’t just raising larger rounds, they’re also raising sequential rounds closer together than ever before. While start up funding has continued to accelerate, already surpassing the 2017 funding total of $5.7B, merger and acquisition activity has remained stagnant. As some of these early stage companies begin to mature, Provident expects the number of exits to drastically increase, providing ample investment opportunity for both strategic and private equity investors.

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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.
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