Healthcare Informatics July 30, 2018
Mergers and acquisitions (M&A) activity in the healthcare IT industry rose during the first half this year, with volume increasing 23 percent, from 101 deals in the second half of 2017 to 124 deals so far in 2018, according to investment banking firm Berkery Noyes.
The firm’s first half 2018 M&A trend report examines deals in the healthcare and pharmaceutical information and technology industries.
The industry’s largest sponsored transaction in the first half of 2018 was Veritas Capital-backed Verscend’s announced acquisition of Cotiviti, a provider of payment accuracy and analytics driven solutions, for $4.82 billion. Veritas Capital also completed another deal in the top ten list during the half year period with the announced acquisition of the value-based care division...