While the number of venture capital-funded deals dropped, the average amount rose.
The number of venture capital-funded deals in health IT saw a dip from 294 in 2014 to 278 in 2015, but the average dollar amount per deal was $.9 million higher, according to a new year-end report from Rock Health. The increase in the average was due to investments in more mature companies and in all, total deals in health IT surpassed $4.3 billion in funding.
The Digital Health Funding: Year in Review 2015 Report also found mergers and acquisitions doubled this year to 180 deals with the Allscripts-NantHealth deal ranking as the largest deal of the year in digital health. For the full article click here
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