Sunday, December 4, 2011

$50 Million MergerTech Capital Fund Established For Healthcare IT Investment

logo_mergertechThe healthcare industry is in the middle of a number of crises, not the least of which is the modernization of its internal infrastructure. Having worked in the industry myself, I can attest that the amount of faxing, carbon copies, and redundancy are mind blowing, especially at overworked, underfunded hospitals. We've seen a lot of health startups over the last two years, though naturally many of the ones we've covered are more user-facing, like Disrupt finalist Cake Health. But the backend is just as important, and a new $50M fund has just been established by MergerTech specifically for investment in that sector.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/F6rw88P1lGs/

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