I'll be starting in the healthcare M&A group come July. I was wondering if anyone has any recommendations to get up to speed in the healthcare industry from both a banking standpoint and a general level as well.
I didn't summer there, and have never worked in healthcare before, so I'm a bit worried things might be a bit hectic at the start for me to get up to speed with the industry.
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Start following the Fierce sites (fiercebiotech, payor, pharma, etc). Understand how you may need to value a biotech, for example, with negative earnings. Start trying to learn some major players in each of the verticals (typically pharma, life sciences, services, REITS, HCIT, Med Tech or some combination of those). Also, start reading some industry reports to better understand trends (consolidation, ACA, reimbursement rates, etc.).
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