Boston, MA, August 12, 2020 – Capstone Headwaters released its Healthcare Information Technology (IT) Update today, reporting that the industry is undergoing an accelerated growth phase as the pandemic pushes the Healthcare industry to innovate and meet patient demand despite limitations on in-person visits. The need for immediate remote solutions, such as healthcare monitoring and medication management, has accelerated technology adoption timelines and policy changes around telemedicine.
Capstone’s historic merger and acquisition (M&A) database shows that the Healthcare IT industry has flourished under the current market conditions. Through July, 175 transactions have been announced or closed across the U.S. and Canada—a 36.7% increase over the 128 closed through July 2019. Based on the 40 disclosed transactions, the average deal size year-to-date has equaled $323.3 million or 3.6x revenue.