Healthcare IT News January 16, 2020
A new KPMG report finds that 76% of respondents think the health IT market would grow faster than the overall healthcare and life sciences sector.
Healthcare information technology will be the focus of investors in 2020, with interest in the pharmaceutical and biotech sector, home and hospice care and managed care companies also high on the list, according to a KPMG report including survey results from 333 investment professionals.
WHY IT MATTERS
The study projected the healthcare and life sciences industry would likely continue to be an attractive investment target for the foreseeable future, as national healthcare spending rises to $6 trillion by 2027.
Overall, more than three-quarters (76%) of respondents thought the health IT market would grow faster than the...