Saturday, February 21, 2009
eweek: VCs AWOL on Health Care IT Investments
"Venture capitalists gave a bad prognosis to health IT care reform in 2008. While the VCs lavished almost $5 billion each on general software and biotechnology and another $3.4 billion on medical devices, the industry dropped just $195 million on health care services. President Obama's $19 billion dedicated to health IT initiatives in the American Recovery and Reinvestment Act will help, but health care inflation still looms as a major barrier to investments."
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