This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Eighty-Eight Percent Of Healthcare Services Execs Will Pursue M&A In The Next Year, Shows GE Capital Healthcare Survey

Healthcare services executives are looking at acquisitions to enable growth over the next 12 months, according to a survey released today by GE Capital, Healthcare Financial Services. Seventy-two percent of respondents expect their business performance to improve in the next 12 months.

GE Capital, Healthcare Financial Services conducted the survey in advance of its 2013 Healthcare Services Conference on September 17 th in Washington, DC. The conference was attended by more than 300 C-suite executives and featured industry leaders, investors and finance experts discussing the challenges and opportunities facing the healthcare services industry today.

“Our attendees were eager to come together and discuss the evolving landscape of the healthcare services sector, and understand how other senior leaders view the future of the industry,” said Darren Alcus, president and CEO of GE Capital, Healthcare Financial Services. “As the survey points out, the trend of integration and consolidation is continuing across healthcare services. Companies are seeking ways to grow in a challenging environment. Decreased utilization, reimbursement rates under constant pressure and increased regulatory scrutiny have made it difficult to grow organically, so we’re continuing to see companies turn to M&A.”

Additional findings from the survey include:

Growth Strategy: Eighty-eight percent of respondents anticipate pursuing M&A in the next 12 months. Balance sheet refinancing (43 percent) and recapitalization (36 percent) were also cited as critical to their growth strategies.

Hiring Plans: More than half (55 percent) of respondents expect to increase staffing levels over the remainder of this year.

Challenges: Thirty-seven percent of respondents cited the U.S. economy and budget pressures as their primary concerns over the next year, followed by Affordable Care Act changes and implementation (30 percent).

Editor's Note

The GE Capital, Healthcare Financial Services survey examined the expectations of a total of 223 senior executives within the healthcare services industry. The survey was conducted online with percentages based on those that responded to each individual question.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,630.27 +189.68 1.09%
S&P 500 2,093.25 +25.61 1.24%
NASDAQ 5,089.2060 +49.43 0.98%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs