New 12-part healthcare valuation CPE series
You won’t find better guidance to navigate any healthcare valuation assignment than BVR’s Online Symposium on Healthcare Valuation. Running throughout 2011, this twelve-part series features contributing authors to The AHLA/BVR Guide to Healthcare Valuation discussing the most relevant and changing topics in the industry. Join us for part one, “One Year Later: Assessing the Impact [...]
Valuing healthcare AR: Can you spot the errors?
The owner of several dialysis centers in San Antonio sold to a national provider in 2006. But the parties couldn’t account for the pre-sale accounts receivables (AR) and wound up in front of a jury, which awarded the plaintiff/seller $750,000 based on expert testimony (that calculated damages as high as $2.8 million). The defendant’s challenged [...]
Despite non-compete, patient records are ‘professional goodwill’
BVWire’s recent report on McReath v. McReath (BVWire # 96-2) reported that the Wisconsin Court of Appeals may have just revised the majority rule on the disposition of private practice goodwill to say that all salable goodwill is a marital asset, subject to division, whether corporate or professional. Further, a non-competition agreement can serve as [...]
Updated survey offers valuation benchmarks for ambulatory surgery centers
Within the healthcare industry, ambulatory surgery centers (ASCs) are some of the most common physician-owned entity types. Consequently, there is frequently a need to determine the value of these shares as new physicians buy-in and retiring physicians depart. For the past 17 years, HealthCare Appraisers Inc. has interviewed ASCs to determine trends in the value [...]
Healthcare reform offers opportunities for appraisers…or does it?
The answer is “it depends, and ‘depends’ is always good from a healthcare valuation perspective,” Elliott Jeter (VMG Health) said in last week’s BVR webinar on healthcare reform and business valuation with co-presenters Don Barbo (Deloitte Financial Advisory Services) and Mark Dietrich, CPA/ABV. Barbo agreed, adding that health care reform presents a “wonderful opportunity” for [...]
Cimasi: “Wal-martization” of healthcare affecting physician practice valuations
Healthcare valuation expert Robert Cimasi (Health Capital Consultants) gave a detailed and lively update on emerging issues in healthcare valuation at the AAML/AICPA conference in Las Vegas last week. Cimasi outlined “Four Pillars of the Healthcare Industry” that are impacting the transactional valuation of healthcare enterprises: Reimbursement: e.g. there is a current downshift in reimbursement [...]
Expert testimony rescues insured client from post-Katrina business interruption losses
Buffman, Inc. v. Lafayette Insurance Co., 2010 WL 1509363 (La. App. 4 Cir.)(April 14, 2010) In one of the first business interruption/lost income cases to come in the wake of Hurricane Katrina, an expert’s careful, credible opinion proves critical to swaying a jury’s opinion and the court’s ultimate award. Nursing home loses numerous residents to [...]
Cindy Collier joins HSSK
Cindy has moved her practice from Healthcare Valuation Solutions, of which she was the CEO and Founder, to HSSK, where she takes over the position held by Don Barbo as Managing Director of Healthcare Valuation. Among Cindy’s many accomplishments, she’s the co-editor with Mark Dietrich of BVR’s Guide to Healthcare Valuation, 2009 Edition–which makes her [...]
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