The healthcare IT sector has been abuzz this year already—from AI hype maturing at recent industry conferences to the February ransomware attack on Change Healthcare that rocked healthcare providers nationwide. Despite the sector’s close eye on AI emerging opportunities for payer workflow enhancements and working generative AI into clinical decision support, private markets dealmaking had a lackluster end to 2023. For VC, Q4 activity was at its weakest for the year, according to PitchBook’s latest Emerging Tech Research, while PE’s momentum stayed flat. Rounding out the year’s totals, both strategies cemented annual rates of decline in the mid-to-high twenties.
Read the full article: PitchBook Q4 2023 Healthcare IT Report //
Source: https://pitchbook.com/news/reports/q4-2023-healthcare-it-report