Mercom Capital Group Reports Second Quarter 2011 Funding and M&A Activity for Healthcare IT
Healthcare IT Funding and M&A Activity Up Compared to Q1 2011
Austin, TX, July 14, 2011 --(PR.com)-- Mercom Capital Group llc, a global communications and consulting firm, today released healthcare IT funding and merger and acquisition (M&A) activity for the second quarter of 2011.
Venture Capital (VC) funding in the healthcare IT sector in Q2 2011 almost doubled with $66 million in six deals compared to $35 million in seven deals in the previous quarter. VC funding for the same quarter last year came to $93 million in five deals.
The top VC funding rounds included a $27 million raise by ABILITY Network, $23 million by Practice Fusion, $11.5 million by Explorys and $4 million by MyHealthDIRECT. Fifteen different VC investors participated in healthcare IT funding rounds.
M&A activity in the healthcare IT sector had dipped in Q1 2011 but saw an upturn this quarter with $703 million going into 23 deals compared to $306 million in 14 deals during Q1 of 2011.
Major M&A transactions included the acquisition of Vital Images by Toshiba Medical Systems for $273 million, Medical Present Value by Experian for $185 million and AdvanceMed by NCI for $62 million. Verisk Analytics acquired two companies: Bloodhound Technologies for $82 million and Health Risk Partners for $60 million.
Health Information Management companies were involved in the most funding and M&A transactions this quarter.
To download all funding transactions for Q2, visit: http://mercomcapital.com/news.php
About Mercom Capital Group
Mercom Capital Group is a global communications and consulting firm with offices in the US and India. Mercom’s communications division helps clean energy companies build powerful relationships with media, analysts, government decision-makers, local communities and strategic partners. Mercom’s consulting division advises solar companies on new market entry, custom market intelligence and overall strategic decision-making. Mercom delivers highly respected industry market intelligence reports covering Healthcare IT, Solar Energy, Wind Energy and Smart Grid. Our reports provide timely industry happenings and ahead-of-the-curve analysis specifically for C-level decision making. For more information about Mercom Capital Group, visit: http://www.mercomcapital.com. To get a copy of Mercom’s popular market intelligence reports, visit: http://mercomcapital.com/market_intelligence.php.
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Venture Capital (VC) funding in the healthcare IT sector in Q2 2011 almost doubled with $66 million in six deals compared to $35 million in seven deals in the previous quarter. VC funding for the same quarter last year came to $93 million in five deals.
The top VC funding rounds included a $27 million raise by ABILITY Network, $23 million by Practice Fusion, $11.5 million by Explorys and $4 million by MyHealthDIRECT. Fifteen different VC investors participated in healthcare IT funding rounds.
M&A activity in the healthcare IT sector had dipped in Q1 2011 but saw an upturn this quarter with $703 million going into 23 deals compared to $306 million in 14 deals during Q1 of 2011.
Major M&A transactions included the acquisition of Vital Images by Toshiba Medical Systems for $273 million, Medical Present Value by Experian for $185 million and AdvanceMed by NCI for $62 million. Verisk Analytics acquired two companies: Bloodhound Technologies for $82 million and Health Risk Partners for $60 million.
Health Information Management companies were involved in the most funding and M&A transactions this quarter.
To download all funding transactions for Q2, visit: http://mercomcapital.com/news.php
About Mercom Capital Group
Mercom Capital Group is a global communications and consulting firm with offices in the US and India. Mercom’s communications division helps clean energy companies build powerful relationships with media, analysts, government decision-makers, local communities and strategic partners. Mercom’s consulting division advises solar companies on new market entry, custom market intelligence and overall strategic decision-making. Mercom delivers highly respected industry market intelligence reports covering Healthcare IT, Solar Energy, Wind Energy and Smart Grid. Our reports provide timely industry happenings and ahead-of-the-curve analysis specifically for C-level decision making. For more information about Mercom Capital Group, visit: http://www.mercomcapital.com. To get a copy of Mercom’s popular market intelligence reports, visit: http://mercomcapital.com/market_intelligence.php.
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Contact
Mercom Capital Group, llc
Wendy Prabhu
1-512-215-4452
www.mercomcapital.com/news.php
Wendy Prabhu
1-512-215-4452
www.mercomcapital.com/news.php
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