Kevin McDonough, CFA

Managing Director
Valuation & Transaction Advisory
Dallas

Kevin McDonough is a Managing Director at VMG Health and is based out of the Dallas office. During his tenure at VMG Health, McDonough has provided valuation, transaction advisory, feasibility, and operational consulting services to the firm’s healthcare clients.

His clients include acute care hospitals and health systems, ambulatory surgery centers, surgical hospitals, oncology centers, diagnostic imaging centers, dialysis centers, inpatient and outpatient post-acute care operators, physician groups, health plans and risk bearing organizations, and numerous other ancillary healthcare service businesses. In addition, McDonough helps to lead the firm’s life sciences practice providing valuation services related to many forms of medical device and pharmaceutical consulting arrangements. Finally, he has served as a consultant in the formation and development of numerous physician-hospital joint venture initiatives.

McDonough graduated cum laude and holds a bachelor’s degree in finance from the McCombs School of Business at The University of Texas at Austin. Additionally, McDonough is a Chartered Financial Analyst (CFA). He is a member of the CFA Institute, CFA Society of Dallas-Fort Worth, Ambulatory Surgery Center Association, American Society of Appraisers (ASA), Healthcare Financial Management Association, and the Physician Hospitals of America (PHA).

Sector Experience

Ambulatory Surgery Centers
Behavioral Health
Dialysis
Hospitals
Imaging & Radiology
Medical Transport
Oncology
Physician Practices
Risk-Bearing Organizations & Health Plans
Laboratories
Medical Device & Life Sciences
Pharmacy & Retail Medicine
Post-Acute Care
Urgent Care & Freestanding EDs

Areas of Expertise

Fair Market Value Opinions
Financial Reporting
Fairness Opinions
Mergers & Acquisitions
Growth Strategy & Development

Credentials
  • Chartered Financial Analyst (CFA)
Affiliations
  • CFA Institute
  • CFA Society of Dallas-Fort Worth
  • Ambulatory Surgery Center Association
  • American Society of Appraisers
  • Healthcare Financial Management Association
  • Physician Hospitals of America
Presentations
  • Presentation: “Smart Investments Today for a Better 2030” – Becker’s 13th Annual Meeting, April 3, 2023
  • Presentation: “Physician/Hospital Relationships: Good and Bad Ideas for JV ASCs” – Becker’s Annual ASC Meeting, October 28, 2022
  • Webinar: “Prepare Your Health System for New Challenges: Lessons From Three Health Systems” – Becker’s Healthcare, October 17, 2023
  • Presentation: “Emerging Trends in Healthcare M&A Activity” – Becker’s ASC 27th Annual Meeting
  • Panel: “ASC Mergers and Acquisitions 2017-2018” – Becker’s ASC 24th Annual Meeting
  • Presentation: “Increasing Profitability and Value Through Use of New Technologies” – Nossaman’s 3rd Annual West Coast Ambulatory Surgery Center Seminar
  • Panel: “Key Trends in Valuing ASCs and Practices” – Becker’s 14th Annual Spine, Orthopedic and Pain Management-Driven ASC Conference + The Future of Spine
  • Panel: “Selling Your ASC, Valuation, Compensation, Non Competes, Legal and Process Issues” – Becker’s 13th Annual Spine, Orthopedic & Pain Management-Driven ASC Conference
  • Presentation: “Understanding Various Valuation Methodologies and Key Valuation Trends and Issues” – Nossaman West Coast Ambulatory Surgery Center Seminar: Preparing Your ASC For Sale
  • Presentation: “Health System Transactions and Joint Ventures: Overview of the Market and a Description of the Deals/Structures” – Becker’s Hospital Review 5th Annual Meeting
  • Presentation: “ASC Transactions: Analysis and Valuation Trends” – Becker’s 20th Annual Ambulatory Surgery Centers Conference
  • Presentation: “Physician Owned Hospitals: Market Analysis/Benchmarking” – PHA 13th Annual Conference & Exhibits
  • Presentation: “ASC Transaction Environment: Current Analysis & Valuation Trends” – Becker’s 19th Annual ASC Conference