Valuation Articles

The following is a list of articles on healthcare valuation written by Mark O. Dietrich for the Medical Management Advisor. For more recent articles reflecting Mark's current thinking - particularly the Journal of Accountancy article - visit his BLOG or go to the About page and see Mark's CV

• Insights into Buy-In Transaction Peculiarities: Noncompete Agreements, Synergies  and Other "Uniquities" (July 2003)
• Evaluating Practice Expansion Plans: Laying a Foundation or Digging a Hole? (June)
• Regulatory Implications for the Valuation of Noncompetes (July)
• Performance Benchmarking: Current Highlights from the National Center for Health Statistics (June)
• Medpac's 2003 Annual Report on Medicare Payment Policy: Analysis and Insights from the Cloudy Crystal Ball, Part II (May)
• Valuation, Tax Exemption, Fair Market Value – and the Tax Court (May)
• A Cloudy Crystal Ball: Insights on MedPAC’s Annual Report on Medicare Payment Policy (May)
• Contracting and the "Any Willing Provider Laws": The US Supreme Court Weighs In (April)
• Medpac's 2003 Annual Report on Medicare Pyament Policy: Analysis and Insights from the Cloudy Crystal Ball, Part I (April)
• Valuing "First Refusal" Purchase Rights as Options and Pitfalls of the Market Approach for Medical Practices (April)
• The United States Qui Tam Provision (March)
• Tips for Accurate Computation of Discount Rates for Medical Practices (March)
• Unique Issues in Developing a Medical Practice Valuation Model (February)
• Nuances of Valuing Medical Practice Accounts Receivable (February)
• Drafting Proper Buyout Clauses in Shareholders' Agreements (January)
• Avoid these Traps When Valuing Medical Practices Which Have Contractual Relationships With Exempt Hospitals (January 2002)

And, last but not least, the all-new Report on the Healthcare Economy, with more than 80 pages of detailed information covering industry-specific inflation, growth, reimbursement and regulatory topics.  It is designed to give Medical Practice Valuation Guidebook readers the advantage in healthcare valuation and consulting and can be used as a reference, or included in your own report.

Still available here at CPA.net

• A Sound Reason for an Independent Valuation: Nathan Morton versus Commissioner
• Valuing Hospital-Based Practices
• Solving the Two Person Practice Buy-Out Dilemma
• Valuing Covenants Not to Compete in a Professional Practice
• The Competent Management Assumption of Fair Market Value
• Valuation of Medical Practices, Key Indicators for Medical Practice Valuation
• Valuation of Medical Practices, Determining Enterprise Goodwill in a Medical Practice
• Valuation of Medical Practices, Strategies for Unwinding "Bad Deals" in Physician Acquisitions
• Valuation of Medical Practices, Understanding "Acquisition" and "Same Store" Growth in PPMs
• Valuation of Medical Practices, Understanding The "Physician to Physician" Standard (Or, Why The Correct Hypothetical "Any Willing Buyer" May Not Be A Taxable C Corp Regardless Of What The CAPM, IRS And Others May Tell You!)
• Valuation of Medical Practices, Marketability Discounts in Medical Practice Valuations/Sales
• Valuation of Medical Practices, Tax Strategies for PPM Transactions
• Valuation of Medical Practices, Excess Earnings Method
• Valuation of Medical Practices, Rules of Thumb