It’s still a bit early to call the party over, but health care M&A spending in April had a hangover. Our preliminary data show 94 transactions announced, which is 29% lower than March’s deal volume, but about even with April 2014’s total. The dollars, however, stopped flowing abruptly. We’ve recorded only $3.8 billion in spending last month, a drop of 93% compared with the previous month, and -92% compared with the same month the year before. Check the May issue of Health Care M&A News for the sector-by-sector breakouts.march v april