The novel coronavirus known as COVID-19 is dramatically affecting the business of healthcare, wreaking havoc on the front lines and consuming much of the available capacity of healthcare infrastructure across the U.S. and internationally. However, the crisis has also allowed for increased innovation and collaboration across the healthcare ecosystem in response to these challenges. In this quarterly insight, we highlight some of the recent trends including rapid-cycle diagnostic innovation, the effective deployment of enabling technologies in support of COVID-19 efforts, and the growth of virtual care. We also provide an overview of payer and provider healthcare IT publicly traded stock performance and valuation, sector M&A activity, and private placements during the quarter.
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