Merger and acquisition activity in the health care industry's service sectors moderated in 2007 after the record year set in 2006. A total of 489 deals were announced in nine sectors of the health care services industry, down 8% from the 534 deals announced in 2006. Even though the dollar value of those deals declined 37% from $90 billion in 2006 to $57 billion in 2007, 2007 still outspent every other year. "While the M&A market for health care services rode a bull market from 2003 through the middle of 2007, the recent crisis in the credit markets tempered activity in the second half of the year. Still, our figures reveal that 2007 is the second-largest year ever in terms of dollars committed to health care services M&A," commented Sandy Steever, editor of The Health Care Acquisition Report, Fourteenth Edition. "While the credit crisis sidelined a number of financial buyers toward the end of 2007, especially private equity firms, strategic buyers, who had avoided bidding wars with financial buyers, entered and picked up the slack in the market. The relative absence of financial buyers appears to have depressed acquisition pricing from the middle of 2007 through the present," continued Mr. Steever. (PRWeb Mar 25, 2008)

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AP - Trustees for the government's two biggest benefit programs warned that Social Security and Medicare are facing "enormous challenges" with the threat to Medicare's solvency far more severe.

Outsource Partners International, Inc. (OPI), a leading provider of finance, accounting & tax business process outsourcing (BPO) and related services, today announced the growth of its business with the opening of a Delhi, India service center. The service center will house 200 professional staff dedicated to the delivery of high-end, finance related research and analytics (R&A) outsourcing. (PRWeb Mar 25, 2008)

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Financial institutions struggling to manage costs are turning to a new model of service delivery, focused on customer-facing activities such as opening accounts and billing statements, to achieve savings and operating efficiencies, finds a new study by the Economist Intelligence Unit, sponsored by the management consulting firm Booz Allen Hamilton. (PRWeb Mar 25, 2008)

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Seniors May Be Able To Cash in Life Insurance Policies to Finance Dreams (PRWeb Mar 25, 2008)

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