This roughly equals the total gross domestic product of France
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This roughly equals the total gross domestic product of France.President Barack Obama has proposed a healthcare overhaul package, aimed at expanding healthcare coverage to all Americans, providing better care, and reducing wasteful spending, fraud and unnecessary treatments.The mandate will force hospitals to focus on their core responsibilities such as treatment and patient care and cut costs on non-core functions by choosing third party providers.Genpact, which has 75 percent of revenue coming from the United States, expects its healthcare segment to "grow at very large double digits," and plans to expand in the region, Chief Executive Pramod Bhasin said in an interview.The U.S. FranceCompanies such as Affiliated Computer Services ACS.N, Cognizant Technology Solutions (CTSH.O), Convergys (CVG.N) and Genpact (G.N), whose customers include hospitals, insurers and the Federal government, are expected to gain from the trend.Business process outsourcing firms that offer healthcare services handle claims administration, supply chain logistics, finance and accounting, billing, human resources management and customer relations."Health clients have an accelerated case in which to utilize outsourcing in many facets of their business," said Christine Kowalczyk, vice president, healthcare, at Convergys.As per its January 2009 estimates, technology research firm IDC expects U.S. BPO services in healthcare to reach $5.3 billion in 2012, at a compound annual growth rate of 14.6 percent from 2007 levels.Spending for BPO services in 2009 is expected to be $3.5 billion.Even smaller BPO firms WNS Holdings (WNS.N), Syntel (SYNT.O) and ExlService Holdings (EXLS.O) are expected to gain from this trend.As of now, roughly 10 percent to 30 percent of these companies' overall revenue comes from healthcare outsourcing services."It has reached a point where costs are going to keep moving up and the working population that supports those costs with tax and paying into Medicare and Social Security is shrinking," said Judy Hanover, an analyst with IDC.Healthcare spending in the United States is expected to touch $2.5 trillion, or about 17.6 percent of the country's economy, in 2009. BANGALORE (Reuters) - Outsourcing of healthcare services is expected to gain momentum as the prolonged slowdown forces U.S.-based government agencies and healthcare firms to cut spiraling costs and deal with a shortage in qualified personnel. These forward-looking statements are basedon current expectations and entail various risks and uncertainties.Actual results may materially differ from expectations, if known andunknown risks or uncertainties affect our business, or if our estimatesor assumptions prove inaccurate. Except as required by law, HDG assumesno obligation to update or revise any forward-looking statement, whetheras a result of new information, future events or any other reason.Neither TSX Venture Exchange nor its Regulation Services Provider (asthat term is defined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release.Contacts:High Desert Gold CorporationRichard DoranExecutive Vice President(303) 584-0606(303) 758-2063 (FAX)Copyright 2009, Market Wire, All rights reserved.-0-. Information concerning the interpretation of soil and rockchip samples also may be considered forward-looking statements, as suchinformation constitutes a prediction of what geochemistry, structuralfeatures and mineralization might be found to be present if and when aproject is actually developed.
Forward-looking statements look into the future and providean opinion as to the effect of certain events and trends on the business.Forward-looking statements may include words such as "plans," "intends,""anticipates," "should," "estimates," "expects," "believes," "indicates,""targeting," "suggests," "potential," "interpretation" and similarexpressions. The Company is seeking partners for theseprojects as well as the Kinkaid project located in Mineral County, Nevada.Certain statements contained herein constitute "forward-lookingstatements". The Company is also showing both itsCanasta Dorada and Gold Lake properties to interested parties forpotential joint ventures.The Qualified Person on the Artillery Peak property is Randall Moore,Executive Vice President of Exploration, HDG and he has reviewed andapproved the content of this press release.The Company is a mineral exploration company that acquires and exploresmineral properties, primarily gold, copper and silver, in North America.The two major properties held by HDG are the Canasta Dorada gold propertyin Sonora, Mexico, and the Gold Lake porphyry copper-gold-molybdenumproperty in New Mexico. Gold is found within numerous quartz veins controlled by anorthwest trending structural corridor.
The veins range from 5centimetres to more than 1 metre in width and commonly occur in parallelswarms. Veins consistently contain high-grade gold values over the 700metre strike length of the system with values greater than 10 g/t beingcommon and high values of up to 134 g/t (3.9 oz/ton). Sampling hasdemonstrated that gold mineralization extends out into the granitic wallrocks away from the veins, with gold values from altered, hematitestained, granite ranging as high as 2.09 g/t over 2.1 metres. The veinsystem which is associated with a low angle structure potentially of the"Sonora Gold Belt" type is within Precambrian granite.The following table shows some representative results from both the veinand wall rock sampling conducted to date.
Gold values in soils ran as high as 0.381 grams pertonne (g/t) and defined an open-ended zone, 700 metres along strike withwidths varying from 100 to 350 metres. The soil survey consisted on 127soil sample assays from which values ranged from less than 0.005-0.381g/t gold.Within this soil anomaly, rock chip sampling of the vein material gavevery positive results There were 160 rock chip samples collected intotal. The soilprogram demonstrates continuity along strike and indicates the potentialwidth of the system. ECB President Jean-Claude Trichet gave no sign the ECB wasplanning to move rates from the current record low level soon,saying they remained "appropriate". However, he continued tokeep the door open for further cuts if needed [ID:nL2512532] The rate decision had been a near certainty (Reporting by Brian Gorman) Stocks Global Markets. VANCOUVER, BRITISH COLUMBIA, Jul 02 (MARKET WIRE) -- High Desert Gold Corporation ("HDG" or the "Company")(TSX VENTURE:HDG)(TSX VENTURE: HDG.WT) announces the results from the initial soilsampling program at its Artillery Peak high grade gold property. "And there's a sense of disappointmentabout the inability of the market to sustain the momentum tohold key psychological levels." The Euro zone jobless rate, also 9.5 percent, was a 10-yearhigh in May, data showed.
[ID:nL2714438] The European Central Bank kept euro zone interest rates at1.0 percent, bolstering expectations they will stay there wellinto next year, and said it would start buying bonds next week. [ID:nN02549309] "Clearly the market is concerned about the unemploymentdata," said Mike Lenhoff, chief strategist at Brewin DolphinSecurities, in London. The unemployment rate rose to 9.5 percent, though initialclaims fell by 16,000 last week. The European benchmark index is still up more than 30percent from its lifetime low of March 9, but the rally hasstalled in recent weeks on lack of evidence of economicrecovery. A loss of 467,000 jobs in June compared with the363,000 consensus of Wall Street economists polled by Reutersand broke a four-month trend of moderation in job losses. The heavyweight banking sector took most points off theindex.

