Question-and-Answer Session
Operator
Thank you. (Operator Instructions) and our first question comes from Tobey Sommer of SunTrust Robinson. Please go ahead.
Unidentified Analyst
Hi, this is Frank in for Tobey. Can you hear me?
Susan Nowakowski
Hello frank.
Unidentified Analyst
Hi, I wanted to try and get an update from you on what you see going on in kind of the H1-B Visa situation, and what are your thoughts about that going forward?
Susan Nowakowski
Well, we haven’t seen a lot of movement and there is H1Bs which actually don't -- really aren’t so relevant for our nurses. Nurses are generally coming over on green cards and so there hasn’t been any new progress, may we have had legislation attached to a variety of bills over the last few months and they've just not made any movement, as has nothing really I think on the hill and so we don't expect there to be any immediate changes within the immigration legislation. As you'd expect, we continue to adjust our infrastructure kind of relative to the size of that business.
Unidentified Analyst
Okay and going forward in terms of your use of cash, how are you looking at that balance from repurchases versus looking at opportunities?
Susan Nowakowski
We still have our repurchase program open through the end of the first quarter of '09 but we are also looking at strategic acquisition opportunity in those areas that are going to be important to us in the future, don't want to discuss specific items but, when we talk about our desire to expand and diversify into some of the emerging growth area and also to continue to position as to be a stronger, longer-term partner with the hospitals we are very serious about looking at target opportunities that would help us make those steps. So, that would be our first priority if those opportunities exist, otherwise we have to start buyback in place.
David Dreyer
And you know generally speaking Frank, we are accumulating cash so that’s kind of our trend. We of course pay our debt down as we've always done and we'll continue to do that. We have a revolver $75 million revolver, but so we're of course focusing in on the conditions and the key there would be pretty much collecting and holding onto cash.
Unidentified Analyst
Okay, great. And physician firm was down a little bit, year-over-year. Can you talk about some of the drivers of that, and give any more color on that?
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