Venture Capital (VC) funding in the HIT sector continued to scale new heights reaching $293 million in Q2 2012 in 28 deals. Both the total

Venture Capital (VC) funding in the HIT sector continued to scale new heights reaching $293 million in Q2 2012 in 28 deals. Both the total
Venture Capital (VC) funding in the healthcare information technology (HIT) sector continued on a strong positive trend that started in the third quarter of 2011.
Health information management companies received most of the disclosed VC funding in 2011, totaling $336 million in 30 deals. Personal health record companies raised $83.3
President Obama has vowed to drag U.S. health care into the 21st century, allocating billions of stimulus dollars to streamline the nation’s byzantine health systems.