Please note that assistive links (commonly known as "skip to links") are used throughout this site. These links are not well-supported by some mobile devices. If you are encountering difficulty using these links, please navigate around these links, or access the site on a desktop browser.
Skip to the primary content of this page Skip to the footer of this page

Q1-2023 Healthcare IT Update

Skip to the end of the Expertise Menu

Q1-2023 Healthcare IT Update

M&A activity in the Healthcare Information Technology (HCIT) sector was off to a strong start in 2023, with dealmaking activity largely consistent with previous quarters. Despite the turbulence and uncertainty seen in the macroeconomic environment, tailwinds in the HCIT space remain strong. The continuing shift towards more cost-effective value-based care models has reinforced the need for companies to invest in robust IT infrastructure. Because of this, investor appetite remains strong among both payors and providers seeking platform investments in an array of assets across the HCIT space, including EHR providers, RCM software providers, and more.

CVS Health’s acquisition of Signify Health for $8.0 billion in March was the landmark transaction of Q1 2023, and Provident Healthcare Partners anticipates further consolidation throughout the rest of the year as larger players seek to bolster their IT capabilities.

To print and download the full Healthcare IT Update report, please click below…

[holo_button icon=”/wp-content/uploads/2023/04/Q1-2023-Healthcare-IT-Newsletter.pdf”” color=”#003561″ target=”blank”]PRINT/DOWNLOAD[/holo_button]