• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

  • Opinion
  • Health IT
    • Behavioral Health
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Patient Engagement
    • Population Health Management
    • Revenue Cycle Management
    • Social Determinants of Health
  • Digital Health
    • AI
    • Blockchain
    • Precision Medicine
    • Telehealth
    • Wearables
  • Life Sciences
  • Investments
  • M&A
  • Value-based Care
    • Accountable Care (ACOs)
    • Medicare Advantage

Global Digital Health Funding Breaks $7.2B in 2017, Up 42% From 2016

by Fred Pennic 01/19/2018 Leave a Comment

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print

Digital Health VC Funding Tops $7.2B in 2017, Up 42% From 2016

Global digital health funding, including private equity and corporate venture capital reached a record-breaking total of $7.2B in 2017 over 778 deals, representing a 42 percent increase from the $5.1B in 622 deals in 2016, according to the latest report from Mercom Capital Group. Mercom’s Q4 and Annual 2017 Digital Health Funding and M&A report reveals total corporate funding for Healthcare IT companies – including debt and public market financing – climbed to $8.2 billion in 2017, a 47 percent increase from the $5.6 billion raised in 2016. 

U.S. companies raised a total of $4.9B in 2017 with $2.3B coming from other countries. Since 2010, the sector had $26B in VC funding in 3,450 deals and $8.6B in debt and public market financing (including IPOs), for a total of ~$34B.

The report covers both consumer-centric and patient-centric technologies and sub-technologies, including: Social Health, Mobile Health (mHealth), Telehealth, Personal Health, Rating & Shopping, Health Information Management, Revenue Cycle Management, Service Providers and Security. 

Other key findings of the report include: 

– Top categories 2017: Data Analytics $1.1B, mHealth Apps $759 million (M), Patient Engagement Solutions $708M, Telemedicine $624M, Appointment Booking $516M, Clinical Decision Support $514M

– Data Analytics was the top funded category driven by $419M to Artificial Intelligence-based analytics

– Categories with substantial year-over-year (YoY) funding growth were Data Analytics, Patient Engagement, Clinical Decision Support, and Appointment Booking companies

– Top VC deals 2017: Outcome Health $500M, Modernizing Medicine $231M, Hudong Feng Technology $200M, WuXi NextCode $165M, PatientPoint $140M, Alignment Healthcare $115M, Annoroad $105M, PatientsLikeMe $100M

– 2017 had 203 M&A transactions versus 205 in 2016.

– From 2010 to 2017, IMS Health acquired 12 companies, CompuGroup Medical AG 11, iMedX 10, McKesson and Quality Systems nine each, Allscripts, athenahealth, Emdeon, GE Healthcare, Harris Corporation and Philips acquired eight each, PracticeMax acquired seven.

– Notable M&A transactions in 2017: Internet Brands’ $2.8B acquisition of WebMD, Optum’s $1.3B acquisition of Advisory Board Company, McKesson’s $1.1B of CoverMyMeds, Konica Minolta’s $1B acquisition of Ambry Genetics Corporation, Navicure’s of ZirMed for $750M.

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print

Tagged With: Digital Health Funding

Tap Native

Get in-depth healthcare technology analysis and commentary delivered straight to your email weekly

Reader Interactions

Primary Sidebar

Subscribe to HIT Consultant

Latest insightful articles delivered straight to your inbox weekly.

Submit a Tip or Pitch

Featured Interview

Reach7 Diabetes Studios Founder Chun Yong on Reimagining Chronic Care with a Concierge Medical Model

Most-Read

Bayer Exits Radiology AI Market, Discontinuing Calantic and Blackford

Bayer Exits Radiology AI Market, Discontinuing Calantic and Blackford

Oracle Health Launches AI Center of Excellence for Healthcare

Oracle Health Launches AI Center of Excellence for Healthcare

Particle Health Addresses Integration to Epic Data Despite Dispute

US Court Allows Particle’s Antitrust Claims Against Epic to Proceed

Epic Launches Comet: A New AI Platform to Predict Patient Health Journeys

Epic Launches Comet: A New AI Platform to Predict Patient Health Journeys

Preparing for the ‘Big Beautiful Bill’: How Digitization Can Streamline Medicaid Eligibility & Social Care Delivery

Preparing for the ‘Big Beautiful Bill’: How Digitization Can Streamline Medicaid Eligibility & Social Care Delivery

Evernorth Health Services Invests $3.5B in Shields Health Solutions

Evernorth Health Services Invests $3.5B in Shields Health Solutions

KLAS Report: Oracle Health Faces Customer Losses and Declining Satisfaction

KLAS Report: Oracle Health Faces Customer Losses and Declining Satisfaction

Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

M&A:Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

Mira Launches Ultra4™, the First At-Home Hormone Monitor with Lab-Quality Insights

Femtech: Mira Launches Ultra4™, the First At-Home Hormone Monitor with Lab-Quality Insights

How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

Secondary Sidebar

Footer

Company

  • About Us
  • Advertise with Us
  • Reprints and Permissions
  • Submit An Op-Ed
  • Contact
  • Subscribe

Editorial Coverage

  • Opinion
  • Health IT
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Population Health Management
    • Revenue Cycle Management
  • Digital Health
    • Artificial Intelligence
    • Blockchain Tech
    • Precision Medicine
    • Telehealth
    • Wearables
  • Startups
  • Value-Based Care
    • Accountable Care
    • Medicare Advantage

Connect

Subscribe to HIT Consultant Media

Latest insightful articles delivered straight to your inbox weekly

Copyright © 2025. HIT Consultant Media. All Rights Reserved. Privacy Policy |