Demand for Healthcare Information Technology (HCIT) has been robust, as technology continues to mature and to create new possibilities in the industry. Last year, 184 HCIT mergers and acquisitions (M&A) were announced or closed—modestly outpacing deal volume in 2015 to set a record high. Additionally, Rock Health reported $5.8 billion in venture funding, shattering the previous high of $4.6 billion in 2015.1 Strategic buyers continued to drive the majority of M&A deals, accounting for 56.0% of volume in 2017. At the same time, acquisitions by private equity firms increased from 31.8% of deals in 2016 to 44.0% in 2017 as firms sought to capitalize on opportunities in the rapidly evolving industry.