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Big data analytics, telemedicine, wearables rank high among $1.4B worth of health IT investments in 2016

Big data analytics, telemedicine, wearables rank high among $1.4B worth of health IT investments in 2016

April 14, 2016

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The first quarter of 2016 saw $1.4 billion in venture capital funding and the most merger and acquisitions transactions in a single quarter to date, according to Mercom Capital Group.

The top health IT areas of investment were: wearables at $260 million, analytics at $197 million, telemedicine at $171 million, mHealth apps at $120 million and consumer health information/education with an even $100 million.

Those numbers include private equity and venture capital, according to Mercom, and the $1.4 billion total represents a 27 spike over the last quarter of 2015.

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