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Health-care technology is a smart space for investors to hide out from the coronavirus crisis and an industry poised for future growth, with revenues possibly doubling in the near term, according to a new note from SVB Leerink.
"We believe 2020 will be a battleground year for the healthcare landscape on both post-COVID-19 recession fears and headline risk surrounding the election. In this context, we view HCIT (Health care information technology) as a bomb shelter for the broader healthcare landscape," the note said.
Source: cnbc.com