Mark O. Dietrich, CPA, ABV -- Biographical Sketch
Mark holds a Masters of Science Degree in Taxation from Bentley College, a Masters in Business Administration (Accounting) with high honors, and a Bachelor of Science in Business Administration (Accounting), summa cum laude, Beta Gamma Sigma, both from Boston University. He is a member of the AICPA and its Forensic and Valuation Services Section, and the Massachusetts Society of Certified Public Accountants (MSCPA). He is licensed as a CPA in Massachusetts and holds the ABV (Accredited in Business Valuation) designation from the AICPA. Mark is a past Chair of the MSCPA’s Federal Taxation Committee and a past member of the AICPA’s ABV Credential Committee and ABV Exam Review Course Task Force. He is a long-time member of the AICPA’s National Healthcare Industry Conference Committee and will Chair the Conference in 2012 and 2013.
Mark is a prolific writer, with four books published in 2012, and has authored numerous articles and course materials on tax matters, valuation, managed care and capitation, including such topics as personal and enterprise goodwill, noncompete agreements, partnership taxation, compensation of shareholders of professional service organizations, fair market and strategic value, regulatory issues and capitated contract negotiation for publication in national journals such as Health Lawyers Weekly, Healthcare Financial Management, Business Valuation Review, CPA Expert, Valuation Strategies and The Tax Adviser, as well as the definitive article on medical practice valuation in the November 2005 The Journal of Accountancy. He has developed several continuing education courses, including: “Healthcare Reform and the Impact on Small Businesss,” “How to Win at Medicare Managed Care,” “The Practicing CPA’s Medical Practice Valuation Course,” “How to Develop a Healthcare Consulting Practice,” and “Basic Business Valuation.” Mark co-authors Thomson-Practitioners Publishing Company’s annual Guide to Health Care Consulting.
His first Book, The 2001/2002 Medical Practice Valuation Guidebook – Including Comprehensive Financial Analysis and the Influence of Managed Care, was peer reviewed by the country’s top valuation experts. Mark’s latest works include serving as Editor, Technical Editor and Contributing Author to the third edition of AHLA/BVR’s Guide to Healthcare Valuation. The Guide includes contributions from the country’s top healthcare valuation experts such as Greg Anderson, Don Barbo, Carol Carden, Scott Safriet, Tim Smith and Todd Sorensen. His other recent works include co-authorship with Gregory Anderson of The Financial Professional’s Guide to Healthcare Reform published by John Wiley & Sons in May 2012 and serving as co-Editor with Tim Smith and Contributing Author to the first edition of the BVR/AHLA Guide to Healthcare Industry Compensation and Valuation.
Mark is also Editor and Principal Author of Business Valuation Resources 2012 Guide to Physician Practice Valuation. He is a contributing author to Aspen Publishing’s , Valuing Professional Practices and Licenses, A Guide for the Matrimonial Practitioner. In addition to his healthcare industry expertise, Mark is considered an expert in the area of personal and enterprise goodwill and noncompete agreements.
Mark is a frequent speaker before professional societies on topics including Healthcare Reform, the financial and strategic aspects of capitated managed care, healthcare industry valuation and regulatory matters, personal and enterprise goodwill and noncompete agreements. Mark has also lectured in the United Kingdom during 2009, 2011 and 2012, on Managed Care, and on Valuation of Medical Practices to Her Majesty’s Revenue and Customs. His medical practice valuation course was selected by the continuing education division of the Massachusetts Bar for a ‘Best Of’ award in 1994 and he has been selected for the MSCPA’s “Lamp of Learning” award for top seminar leaders. Mark was also named an AICPA Business Valuation “Volunteer of the Year” in 2006.
Mark is an experienced negotiator, with numerous contract and merger and acquisition transactions to his credit, with values from under $1.0 million to in excess of $100 million. These include capitation contracts with HMO’s, representation of physician groups in sale and affiliation negotiations with Hospitals, Integrated Delivery Systems and Physician Practice Management Companies, and a sale of a Internet Technology company to a Fortune 50. In addition to more than 200 valuation engagements in the healthcare industry, Mark’s career experience includes serving as partner-in-charge of the annual audit of an 80 physician tax-exempt faculty group practice; representation of tax exempt and taxable entities in Internal Revenue Service field audits; participation in the development of a 250 physician independent Network and negotiation of their managed care contracts with health insurers including capitated Medicare plans; consulting in the formation of numerous group practices; and issues of reasonable compensation, healthcare markets, regulatory planning and defense, personal and enterprise goodwill and noncompete agreements. Mark has served as an expert witness in shareholder disputes, marital dissolution and qui tam matters.