Health care firms raised $2.23B in venture funding in Q2

07/20/2009 | Wall Street Journal, The

Health care companies including medical-software firms generated $2.23 billion in venture funding during the second quarter of this year, surpassing the $1.89 billion mark posted by the information technology sector, according to VentureSource. Providers of health IT services are raising more money due to the growing demand for health care solutions, which is driven by the government's plan for expanded insurance coverage.

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