Joint Venturing Your Behavioral Health Unit? Insights and Valuation Considerations

By William Teague, CFA and Matt Crook VMG Health Market Overview The behavioral health industry has historically been a fragmented market comprised mainly of independent freestanding operators, state institutions and acute care hospital departments. Current estimates by the Federal Substance Abuse and Mental Health Services Administration indicate that approximately 64.2% of behavioral health facilities are privately.. read more →

Key Valuation Issues in Healthcare

Presentation by Jonathan Helm, CVA and Aaron Murski, CVA Becker’s Hospital Review CEO + CFO Roundtable, November 9, 2016 Managing Director, Jonathan Helm, CVA and Managing Director, Aaron Murski, CVA collaborated to present on “Key Valuation Issues in Healthcare” at the Becker’s Hospital Review CEO + CFO Roundtable on November 9, 2016. read more →

What You Should Know – Practice Acquisitions & Post-Transaction Compensation: A FMV Perspective

Presentation by Ben Ulrich, CVA and Bridget Triepke, CPA 2016 Arizona HFMA Fall Conference, September 11-13, 2016 Ben Ulrich, CVA and Bridget Triepke, CPA presented on “What You Should Know- Practice Acquisitions & Post-Transaction Compensation: A FMV Perspective” at the 2016 Arizona HFMA Fall Conference. read more →

Hospital Valuation: Analyzing the Correlation of Hospital Size and Deal Multiple

How Size Influences Hospital Valuation Intuitively, large hospitals are more attractive as acquisition candidates when compared to smaller hospitals due to certain structural advantages. Larger hospitals can take advantage of economies of scale, attract skilled workers, access capital markets and create integrated provider networks. Because of these advantages, one might expect to observe higher transaction.. read more →

The Evolution of ASCs and Physician Hospital Joint Ventures

Panel Discussion with Vincent M. Kickirillo, CFA, CVA Becker’s Hospital Review 7th Annual Meeting read more →

Hospital Joint Venture Trends and Post-Transaction Compensation Considerations

Presentation by Colin McDermott, CFA, CPA/ABV and Alexandra Higgins Becker’s Hospital Review 7th Annual Meeting Hospital fair market value experts, Colin McDermott and Alexandra Higgins, discussed Hospital Joint Venture Trends and Post-Transaction Compensation Considerations at the Becker’s Hospital Meeting in Chicago. In this presentation they provided an overview of joint venture trends, post-transaction contractual agreements,.. read more →

Payor Provider Convergence: A Review of Current Trends, Deal Structures, and Issues to Consider

Presentation with Colin McDermott, CFA, CPA/ABV ABA Health Law 17th Annual Conference on Emerging Issues in Healthcare Law Colin McDermott, CFA, CPA/ABV teamed up with attorneys, Missy Apodaca, Hayne and Boone, and James Pinna, Hunton & Williams LLP to explain the changing healthcare environment, the current state of payor provider convergence and how industry consolidation.. read more →

Business Combinations – Understanding Issues Unique to Healthcare Providers

Presentation by Colin McDermott, CFA, CPA/ABV AICPA 2015 Healthcare Industry Conference  read more →

Hospital Valuation: Beware of Market Approach “Rules of Thumb”

Throughout history, mankind’s ability to recognize patterns (especially potentially dangerous patterns) in the environment and respond quickly was crucial to survival. The study of evolutionary psychology describes how mankind has evolved into pattern-recognizing machines that connect dots and draw conclusions out of patterns we think we find in nature. In a similar way, hospital valuation.. read more →

Valuing a Portfolio of Hospitals: Do Unprofitable Hospitals Add to Portfolio Value?

By Elliott Jeter, CFA, CPA/ABV and Patrick M Roberts Health Value Insights Unprofitable Hospital Valuation Influences The most widely recognized metric for valuing a healthcare service enterprise with multiple facilities is the Enterprise Value / EBITDA metric.  EV/EBITDA multiples of companies with a portfolio of facilities may not tell the full story of an enterprise’s.. read more →