Monday, August 06, 2007

Private equity firms honing in on health IT

August 3 - Modern Healthcare - Dealmaking surrounding health information technology businesses has been on the upswing in recent weeks, with private equity players driving much of the activity.

Private equity firms are buying, selling and making partial investment in health IT, an industry they view as primed for future growth.

"The financial markets are starting to take notice of the opportunities, and are putting their funds behind the healthcare technology sector," said Vern Davenport, executive vice president and general manager of Misys Healthcare Systems, a Raleigh, N.C.-based division of software company Misys, in an e-mail. Read More.

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