HIT sector drew about $493M in VC funding in Q1, report says

04/18/2013 | Healthcare IT News

A Mercom Capital Group report finds venture capitalists pumped about $493 million into the health IT industry in the first quarter of 2013, setting a new record for the sector. "The enormous market opportunity in consumer-focused health has appeared to pique the interest of investors and is likely to continue to grow as witnessed by the surge in VC activity," Mercom Capital Group CEO Raj Prabhu said.

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