In This Issue:

1. Key Findings

2. Disruptive Forces

3. Health Care Private

Equity Overview

4. Transaction Value

5. Subsector Activity

6. Venture Capital

7. Accountable Care

Organizations

8. REITs

9. Outlook

Excerpt from Key Findings:

• Health care reforms and the Affordable Care Act have put the private equity sector into a period of transition, as it seeks new investment targets and health care providers reorganize their operations.

• Deal volume in 2014 has so far remained fairly consistent compared with 2013, however disclosed transaction value increased 43% in the first half of 2014.

• Strategic M&A and venture capital deals are outpacing private equity transactions in the health care sector.

• Technology that holds potential to reduce costs while improving care, including medical devices and health care IT, are compelling as health care providers seek to meet the requirements of the ACA.