Health-Care Info Tech Companies Make Moves in November

Health-care information technology companies stole the deal spotlight in November, setting up end-of-year numbers rivaling those of the long-term care, physician practice, and health and hospital system sectors.

There were 16 HIT transactions, according to a list of deals announced or closed in November. The list was compiled for Bloomberg Law by investment bankers using publicly available information, including articles, websites, and press releases.

Some of these deals were backed by private equity, a trend that can be tracked through the list of transactions announced and closed throughout 2018.

Many reflected “a growing demand for specialty or clinical setting-specific software,” ...