Healthcare Growth Partners released its semi-annual health IT market review Jan. 24 which showed U.S. health IT spending topped $7.1 billion.
In 2013, that number was a mere $2.8 billion.
The report aggregates data from the Healthcare Growth Partners database to evaluate merger and acquisition activity, as well as investment trends, valuation multiples and capital markets activity across the health IT, health information services and digital health sectors.
Here are the number of deals — specifically, those that disclosed revenue multiples and earnings before interest, taxes, depreciation, and amortization multiples — each sector saw.
1. EMR: 110
2. Revenue cycle management tech: 59
3. Population health: 51
4. Outsourced services: 38
5. Content: 35
6. Analytics: 32
7. Revenue cycle management services: 31
8. Consulting: 30
9. Benefits management: 19
10. Utilization management: 14
11. Clinical trial management: 14
12. Telemedicine: 12
Click here to access the full report.