Health IT Sector Showing High Potential for Accelerated Growth

The health information technology sector is poised to become the next big thing for investors in the health-care industry.

The health-care industry continues to evolve to keep pace with quality- and performance-based reimbursement changes and health IT is playing a critical role for providers trying to keep up. Transaction activity in the health IT area is hot, reflecting providers’ efforts to evolve, health-care attorneys and investment bankers told Bloomberg Law.

Health-care spending reached $3.3 trillion or $10,348 per person, in the latest figures released by the Centers for Medicare & Medicaid Services last December. It follows naturally that health-care ...