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

  • COVID-19
  • Opinion
  • Health IT
    • Behavioral Health
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Patient Engagement
    • Population Health Management
    • Revenue Cycle Management
    • Social Determinants of Health
  • Digital Health
    • Artificial Intelligence
    • Blockchain
    • Mobile Health
    • Precision Medicine
    • Telehealth
    • Wearables
  • Startups
  • M&A
  • Value-based Care
    • Accountable Care (ACOs)
    • Medicare Advantage
  • Life Sciences
  • Research

Mercom: Digital Health VC Funding Breaks $2.5B in Q1 2018

by Jasmine Pennic 04/17/2018 Leave a Comment

Mercom: Digital Health VC Funding Breaks $2.5B in Q1 02018

Digital health VC funding reached a record $2.5 billion raised in 187 deals from $1.7 billion in 192 deals in Q4 2017, according to a new report from Mercom Capital Group.  The latest report finds that digital health VC funding in Q1 2018 was also up compared to Q1 2017 when nearly $1.6 billion was raised in 165 deals. Q1 2018 was only the second quarter since since 2010 in which digital health companies surpassed $2 billion in VC funding. 

Mercom’s comprehensive report covers healthcare IT and digital health deals of all sizes across the globe including: Social Health, Mobile Health (mHealth), Telehealth, Personal Health, Rating & Shopping, Health Information Management, Revenue Cycle Management, Service Providers and Security.

Key highlights of the Q1 2018 Digital Health (Healthcare IT) Funding and M&A Report include: 

– The report revealed the top funded categories in Q1 2018 were: $679 million raised by Data Analytics companies, Clinical Decision Support with $516 million, mHealth Apps with $247 million, Telemedicine’s $178 million, Benefits with $160 million, and $146 million from Electronic Health Records.

– The top VC deals in Q1 2018 included: $240 million raised by Heartflow, $200 million from Helix, $200 million raised by SomaLogic, $146 million by PointClickCare, and Collective Health’s $110 million raise.

– There were 55 early-round deals in Q1 2018, including three accelerator and incubator deals.

– A total of 412 investors (including one accelerator/incubator) participated in funding deals in Q1 2018 compared to 371 investors in Q4 2017, of which 13 were accelerators/incubators.

– There were 48 M&A transactions (13 disclosed) in the Digital Health sector in Q1 2018. There was one IPO launched in Q1 from Chinese fitness tracker and smartwatch maker, Huami, which raised $110 million and listed on the New York Stock Exchange.

– The top disclosed M&A transactions were: the $1.9 billion acquisition of Flatiron Health by Roche, ABILITY Network’s $1.2 billion acquisition by Inovalon, Intermedix’ $460 million acquisition by R1 RCM, Clearlake Capital Group’s acquisition of ProVation Medical for $180 million, and the $100 million acquisition of Practice Fusion by Allscripts.

“Digital Health VC is off to a record start in 2018 with $2.5 billion beating the previous record of $2.4 billion from Q2 2017. Several large deals over $100 million pushed the funding total up in the quarter, with activity powered by over 400 investors,” commented Raj Prabhu, CEO and Co-Founder of Mercom Capital Group.

Tagged With: Mercom Capital Group

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

Most Popular

Q/A: Dr. Johnson Talks Racial Disparities in Breast Cancer Care

Q/A: Dr. Johnson Talks Racial Disparities in Breast Cancer Care

Northwell Health Extends Contract with Allscripts Sunrise Platform Through 2027

Northwell to Deploy Epic Enterprise EHR Platform Across System

Sanofi Cuts Price of Lantus Insulin by 78% & Caps Out of Pocket Costs at $35 for All Patients

Sanofi Cuts Price of Lantus Insulin by 78% & Caps Out of Pocket Costs at $35 for All Patients

Pfizer Acquires Seagen for $43B to Tackle Cancer

Pfizer Acquires Seagen for $43B to Tackle Cancer

5 Key Trends Driving Purchasing Decisions in Healthcare IT

5 Key Trends Driving Purchasing Decisions in Healthcare IT

Sanofi to Acquire Diabetes Therapy Maker Provention Bio for $2.9B

Sanofi to Acquire Diabetes Therapy Maker Provention Bio for $2.9B

Dr. Arti Masturzo

Q/A: Dr. Masturzo Talks Addressing Food Insecurity with Patients

Transcarent Acquires 98point6 AI-Powered Virtual Care Platform and Care Business

Transcarent Acquires 98point6 AI-Powered Virtual Care Platform and Care Business

Eli Lilly Cuts Insulin Prices by 70%, Caps Patient Costs at $35 Per Month

Eli Lilly Cuts Insulin Prices by 70%, Caps Patient Costs at $35 Per Month

Q/A: Oatmeal Health Co-Founder Talks AI-Enabled Cancer Screening for the Underserved

Q/A: Oatmeal Health Co-Founder Talks AI-Enabled Cancer Screening for the Underserved

Secondary Sidebar

Footer

Company

  • About Us
  • Advertise with Us
  • Reprints and Permissions
  • 2023 Editorial Calendar
  • 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 © 2023. HIT Consultant Media. All Rights Reserved. Privacy Policy |