Press Releases

Less M&A activity and insurance sector turmoil combine to impede HITS growth in 2Q17

Healthcare IT services (HITS) trailing 12-month revenue continued to decelerate in 2Q17, falling to 5.2% in 2Q17 from 6.6% in 1Q17, according to Technology Business Research, Inc.’s Healthcare IT Services Benchmark. Fewer acquisitions by HITS vendors during 2H16 and 1Q17, coupled with slower payer health IT spending, were the primary factors in the deceleration.

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