Over the last several years – healthcare technology (HCIT) has become an integral part of the solutions powering our healthcare ecosystem, as payers, providers, pharma companies and consumers have embraced the transformative benefits that technology can bring to improving cost, access and quality of care.
Today, the more than $100 billion HCIT market in the U.S. is at an inflectio point n, growing at an accelerating rate as healthcare participants continue to adopt new technologies and applications to automate every aspect of their workflow from HR to operations to billing, scheduling, clinical trials, customer engagement, care management, telemedicine and consumer online shopping.
These growth tailwinds present an enormous opportunity for HCIT innovators solving key healthcare challenges through data, analytics, AI and technology. As a veteran investor in healthcare and technology, Bain Capital has been a leader in HCIT investing for over a decade – supporting more than 35 of the most innovative and disruptive companies in the sector.
Our history of collaboration across our healthcare and technology verticals and between our Private Equity, Tech Opportunities and Venture businesses, coupled with the many operational and business-building resources available to Bain Capital portfolio companies, has led to deep intellectual property development and disruptive innovation across the HCIT value chain.
Our most successful investments in the HCIT space build on both imagination and collaboration. Imagination, in that we have in some cases completely re-platformed the companies we have invested in, often through transformative mergers. Collaboration, in that the Bain Capital team has tapped expertise from across our platform to bring together the best of later-stage business-building capabilities and early-stage technology insights to produce market-leading companies. Bain Capital’s experience in the space has contributed to the development of our exceptional HCIT companies and the ongoing efforts to improve healthcare delivery around the world.