Auto-body shops consolidate

Article Abstract:

The ongoing consolidation of $25-billion-a-year vehicle collision repair industry would result in the booming business ending under control of fewer owners. The trend would end in consolidators owning up to 30% of the market in five years, from 8% in 1999, while controlling around 80% of the collision repair business in the major markets. The consolidation of insurance companies who are expected to cut costs as result of the consolidation, and by investors who see potential profit margins of up to 20%.

Market information - general, Automotive Repair Services, Automotive Repair and Maintenance, Automotive maintenance

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Kaiser plans to pull out of Northeast

Article Abstract:

Kaiser Foundation Health Plan Inc intends to cease its Northeast operations by the end of 1999 due to losses of $90 million in 1998. Under the plan, the health maintenance organization will either divest or close its 35 offices in the area. The closure will affect around 575,000 spatients in New York, Connecticut, Massachusetts and Vermont as well as the HMO's employee base of approximately 600 physicians and 3,600 office employees s

Services information, HMO Medical Centers, Health Maintenance Organizations, Kaiser Foundation Health Plan Inc.

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