New York—M&A activity in the health care information and technology sector last year had a combined value of $7.3 billion, an increase of 83% compared with 2007, according to data compiled by investment bank Jordan, Edmiston Group.
There were 122 M&A transactions completed in the sector in 2008, an increase of 21% over 2007.
Jordan, Edmiston Managing Director Elizabeth Satin said she expects health care M&A activity to decline this year due to the credit crisis and other macroeconomic trends. But she remains upbeat about the sector due in part to the Obama administration’s pledging billions of dollars to expand health care and improve health care information technology.
Other factors that may help drive M&A activity in the sector include increased investment in medical records and the shortage of nurses, which when addressed will require increased medical education.
Source: http://www.btobonline.com/
There were 122 M&A transactions completed in the sector in 2008, an increase of 21% over 2007.
Jordan, Edmiston Managing Director Elizabeth Satin said she expects health care M&A activity to decline this year due to the credit crisis and other macroeconomic trends. But she remains upbeat about the sector due in part to the Obama administration’s pledging billions of dollars to expand health care and improve health care information technology.
Other factors that may help drive M&A activity in the sector include increased investment in medical records and the shortage of nurses, which when addressed will require increased medical education.
Source: http://www.btobonline.com/
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