Venture capital funding for health IT companies in the third quarter of 2015 continued to rise, with 148 deals totaling $1.6 billion.

That compares with 139 deals worth $1.2 billion in the second quarter, according to research firm Mercom Capital Group.  “It was actually the best quarter so far this year and the second best quarter since 2010,” says Mercom CEO and co-founder Raj Prabhu, who adds that VC funding for health IT has reached almost $3.57 billion in the three quarters of 2015.

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