In this Issue:

- Key Findings

- Subsector Activity

- Regulatory/Legal

- Reimbursement

- Excerpt from Key Findings:

• The post-acute care (PAC) sector has seen an increase in mergers and acquisitions activity in response to healthcare reforms as providers search for ways to reduce costs through economies of scale.

• The volume of healthcare M&A deals increased to 260 in 2013 from 199 in 2007. The PAC, surgical and emergency center segments are expected continue to drive M&A activity within the healthcare sector.

• The senior housing and assisted living subsectors are highly active as a result of the looming retirement of Baby Boomers. New construction, private equity and REIT activity have all been strong.