Healthcare IT NewsHealthcare IT News
TwitterFacebookLinkedInHealthcareITNews International
  • Home
  • Topics
    • Business Intelligence
    • Claims Processing
    • Data Warehousing
    • EDIS
    • Election 2012
    • Electronic Health Records
    • Enterprise Content Management
    • Enterprise Resource Planning
    • ePrescribing
    • Financial/Revenue Cycle Management
    • Health Information Exchange (HIE)
    • ICD-10
    • Meaningful Use
    • Mobile/Wireless
    • Network Infrastructure
    • Policy and Legislation
    • Privacy and Security
    • Quality and Safety
    • RIS and PACS
    • RTLS
    • Telehealth
    • Workforce Management
  • Issues
    • May 2012
    • April 2012
    • March 2012
    • February 2012
    • January 2012
    • December 2011
  • Blog
  • Webinars
    • Upcoming Webinars
    • On Demand Webinars
  • White Papers
  • Events
  • HIMSS JobMine
  • Press Releases
  • Slideshows
  • Videos
  • Podcasts
  • Supplements
  • Survey Analyses
  • Newsletters
  • Advertise
  • Login
  • Register
  • SUBSCRIBE
    • Newspaper
    • Email Newsletter
Home » News » Meaningful Use | Electronic Health Records
Receive News By Email

  • del.icio.us
  • Digg
  • StumbleUpon
  • Reddit
  • Facebook
  • Google
  • RSS Icon
  

Health IT venture investments up in 2010

February 02, 2011 | Bernie Monegain, Editor

Suggested Content

  • Healthcare Information Xchange of N.Y. connects with athenahealth via cloud
  • GE launches multi-pronged $1B cancer initiative
  • HIMSS announces Davies winners, aligns criteria with EMR model
  • SCI in growth mode with new investments
  • Four finalists named for Davies Ambulatory Care Award
  • IT used to score top states in emergency preparedness
  • Empire BlueCross launches online store for Medicare insurance plans
  • NCQA recognizes 51 sites with top patient-centered medical home status
  • Family doc to testify on why EHRs are essential
  • New York Blues launch on-demand online care

Related Resources

  • Providers’ Perceptions: EMR Impressions & Strategies, Post-Implementation
  • Manage the Challenges of Health Care Reform
  • The Future of Wireless in Healthcare: Powering the Applications for 21st Century Care
  • Going Paperless: Best Practices To Accelerate Your EMR Transition
  • BryanLGH Health System Springs Ahead with Single Sign-On & Context Management

NEW YORK – Healthcare IT companies garnered $460 million in venture capital in 2010, a 19 percent increase over 2009 when investments totaled nearly $388 million, according to Dow Jones VentureSource, which credits the growth to a growing market for electronic health records and other health IT.

[See also: Venture capitalists see healthcare IT as good bet.]

Overall investment in healthcare companies fell 7 percent in 2010 to $7.4 billion for 702 deals.

The industry's smallest sector, Healthcare Services, saw the strongest growth. Fifty-four healthcare services companies raised $1.2 billion, a 29 percent increase in deal activity and more than triple the capital raised in 2009.

In 2010, growth in venture capital investment was driven by capital commitments outside of the information technology and healthcare industries, which are traditionally venture capitalists' comfort zones, said Jessica Canning, global research director, Dow Jones VentureSource.

"The healthcare and IT industries accounted for more than half of venture investment in 2010 but are not currently driving the growth," said Jessica Canning, global research director, Dow Jones VentureSource. "Investment in business technologies, consumer solutions and energy companies gained the most traction in the last year."

[Medsphere among companies that drew capital: Open-source company gets $12M EHR boost.]

As usual, Canning said, biopharmaceuticals companies claimed the largest proportion of investment in the healthcare industry, with 317 deals raising $3.4 billion.

Throughout the year, a total of 2,799 venture deals raised $26.2 billion, a 6 percent increase in deals and an 11 percent increase in capital invested over 2009, when 2,636 deals raised $23.6 billion, according to Dow Jones VentureSource.

The median deal size for 2010 was $4.4 million, down from the $5 million median in 2009.

Related Topics:
  • Jessica Canning
  • Meaningful Use
  • New York
  • New York
  • venture capital
  • Electronic Health Records

Reader Comments (0)Login to Post a Comment

Most Popular

Latest Headlines
Most Popular
  • 6 reasons physicians need to be on social media
  • Lawsuit seeks Allscripts CEO's removal
  • Tablet adoption by docs soars
  • Healthcare part of White House mobility mandate
  • Oregon to implement new statewide HIE
  • Lawsuit seeks Allscripts CEO's removal
  • Web First: Q&A with Allscripts CEO Glen Tullman
  • 6 reasons physicians need to be on social media
  • Oregon to implement new statewide HIE
  • Tablet adoption by docs soars
more news

WEBINARS AND WHITE PAPERS

  • WHITE PAPERS
    Driving Meaningful Use of Enterprise Content Management
  • WHITE PAPERS
    Sharp HealthCare: Growing Content Management into an Enterprise Strategy
  • ON DEMAND WEBINARS
    Case Study: Sentara Healthcare Completes an Award-Winning EHR with Enterprise Content Management
  • UPCOMING WEBINARS
    June 5th @ 1PM ET--Get Control of Your Medical Images with a Cloud-Based Vendor-Neutral Archive
  • WHITE PAPERS
    The Scarborough Hospital: Establishing a Document Management Strategy for EHRs
More Resources
Syndicate content

HIMSS JOBMINE

  • Regional Senior Quality Analyst - Memorial Medical Center - Modesto, CA
  • Network Engineer II - Carilion Clinic - Roanoke, VA
  • EMR Implementation - Project Manager Rothman Specialty Hospital - Rothman Specialty Hospital - Bensalem, PA
  • Director of Information Systems - Mission Regional Medical Center - Mission, Texas
  • Biostatistician II - Saudi Aramco - Dhahran, Saudi Arabia
more jobs

Marketplace

Follow Healthcare IT News on TwitterFan Healthcare IT News on FacebookJoin Healthcare IT News on LinkedInRSS Subscriptions
Digital EditionBlogEvents
JobsMobile SiteMobile App
 
Healthcare Finance News Government Health IT EHRWatch Healthcare Payer News HITECHWatch ICD10Watch mHIMSS PhysBizTech NHINWatch
©2012 MedTech Media Healthcare IT News is a publication of MedTech Media
Subscribe Advertise About Us Privacy Policy