Healthcare Financial Reporting Valuations

Financial reporting requirements associated with mergers, acquisitions and affiliations can burden healthcare operators during the transaction process and long after a transaction is completed. Business combinations often result in financial reporting challenges arising from the acquisition of tangible and intangible assets and the recording of goodwill.

VMG Health is uniquely suited to help both non-profit and for-profit healthcare organizations address these challenges through our knowledge of Fair Value reporting requirements and focused healthcare industry expertise.

Experience

Our breadth of experience in healthcare allows us to understand the unique factors affecting the valuation of assets associated with healthcare businesses. Based on our knowledge of both the healthcare industry and of Fair Value standards we are prepared to assist clients with their financial reporting needs.

Our professionals maintain credibility through involvement and credentialing with the following well respected organizations:

  • Texas State Board of Public Accountancy: Certified Public Accountant (“CPA”)
  • American Institute of Certified Public Accountants: Accredited in Business Valuation (“ABV”) designation
  • The CFA Institute: Chartered Financial Analyst (“CFA”) designation
  • American Society of Appraisers: Accredited Senior Appraiser (“ASA”) designation

VMG Health Advantage

Our reporting practice manages multi-disciplinary (business enterprise, intangible asset, real property and personal property) valuation “work streams” benefiting clients by having all assets assessed in a coordinated manner, through one provider. VMG health operates in a fully independent manner, free from any real and/or perceived conflicts of interest on all valuation advisory issues and Fair Value matters.

We have developed a consistent track record of receiving “materially correct” outcomes from review of our work product by public accounting firm valuation professionals.

Deliverables

Our recognized professionals work alongside your management team and external auditors to assist your organization with:

  • Valuation analysis related to ASC 805 Business Combinations and ASC 958-805 Not-for-Profit Business Combinations under the Fair Value Definition contained in ASC 820
  • Valuation analysis related to impairment testing as required by ASC 350 Intangibles — Goodwill and Others and ASC 360 Long-Lived Asset Impairment
  • Other fair value related valuation and consulting services.