PitchBook March 2, 2023
Healthcare IT’s pain points
VC and PE investment in healthcare IT plummeted in Q4 as cost inflation strained health systems, the funding market faltered, and valuations were rocked. But despite the bumpy road ahead, healthcare IT presents a long-term opportunity to drive delivery efficiencies and care model innovation.
Our Q4 2022 Launch Report: Healthcare IT debuts our coverage of the vertical, giving a snapshot of the changing funding environment and of the light at the end of the bear market tunnel.
Key takeaways include:
- Cumulative VC deal value in healthcare IT fell 61.7% in Q4 from the previous quarter to $451.3 million. PE investment in the vertical had a more muted drop-off, with a 46.2% decline...