HealthTech May 26, 2022
The broader healthcare IT market is expected to be much more robust as IT systems make medical care more engaging and personalized, leading to more investment as well as mergers and acquisitions.
Healthcare IT has drawn a great deal of investment for more than a decade as hospitals embraced electronic health records, with the help of incentives. Healthcare IT’s opportunity is compounded by some of the industry’s flaws: About 30 percent of U.S. healthcare spending, or up to approximately $933 billion, is considered wasted.
The broader healthcare IT market is expected to be much more robust, as IT systems can automate certain tasks and provide clinical decision support, making medical care more engaging and personalized. Oracle’s nearly $30 billion agreement...
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