Although the healthcare industry continues to expand as a whole, capturing a profitable share of it is becoming more challenging for providers by the day. Increased competition, expanding regulatory oversight, declining reimbursement, and the impending implementation of healthcare reform pose serious threats to hospitals’ revenue streams and physicians’ incomes.
Physicians and hospitals are realizing that they share a financial destiny. As a result, they are continuously looking for opportunities to collaborate through both employment and partnership arrangements. In order to ensure compliance with regulatory guidelines, including the federal Stark law and anti-kickback statute, it is imperative for both parties to ensure that they enter these collaborative ventures in a commercially reasonable manner that is consistent with fair market value.
Healthcare Consulting Services has extensive knowledge and experience in providing a full spectrum of Business Valuation and Fair Market Value services to clients across the United States, ranging from sole practitioner physician practices to independent community hospitals and regional health systems. Our professional staff are well known and recognized as experts in the fields of valuation and consultation services and hold key certifications including Accredited Senior Appraiser – Business Valuation member of the American Society of Appraisers (ASA), Certified Valuation Analyst (CVA), and the AICPA’s specialty designation for business valuators (ABV).