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Chris Carnahan, based in Florida, is a Managing Director of the Physician Services Agreements division at VMG Health. With over 35 years of experience in healthcare, finance, technology, and manufacturing, Chris has established himself as a key figure in fair market value (FMV) and commercial reasonableness assessments. He has also been instrumental in conducting numerous medical staff demand analyses for both not-for-profit and for-profit entities, presenting to major healthcare systems on community health needs assessments, valuations, and healthcare strategy. His innovative tools, such as FMV-MD® and Needs-MD™, have further streamlined valuation and needs assessment processes for healthcare organizations.
Prior to joining VMG Health, Chris was the founder and CEO of Carnahan Group, Inc., where he played a pivotal role in the firm’s development as a leader in the industry. Under his leadership, Carnahan Group successfully navigated over 2,000 healthcare transactions, including physician compensation arrangements and acquisitions. His expertise includes providing leadership, strategic direction, and overseeing financial operations, which contributed to the firm conducting hundreds of medical staff demand analyses across diverse communities. Chris has published articles and provided expert testimony in various jurisdictions, significantly impacting both the healthcare and legal sectors with his extensive knowledge and experience.
Chris holds an MBA in finance from Middle Tennessee State University and is a licensed Certified Public Accountant (CPA) in Florida. He possesses multiple professional designations, including Certified Valuation Analyst (CVA), Accredited in Business Valuations (ABV), Certified in Financial Forensics (CFF), and Master Analyst in Financial Forensics (MAFF). As a member of the American Institute of Certified Public Accountants (AICPA) and the National Association of Certified Valuators and Analysts (NACVA), where he also instructs on healthcare valuations, Chris has received several accolades, including the Certificate of Achievement for an Instructor of Great Distinction from NACVA in 2010. Additionally, he serves on the Executive Advisory Board (EAB) for NACVA and acts as the liaison for the Litigation and Forensic Accounting Board, further solidifying his leadership role in healthcare valuations and forensic accounting.