NEW! Discussion of individual medical practice intangibles and how to differentiate them from personal goodwill. Additional commentary on divorce valuations where practice intangibles may be marital property while personal goodwill is not. Spreadsheet examples.

NEW! Detailed methodology for valuing covenants not to compete including spreadsheet examples.

NEW! Attorney Review Guide. A complete review guide (over 50 pages) and "key tips" for attorneys is provided on CD, highlighting the issues counsel should be aware

to focus on when reviewing valuations or examining experts, including

an invaluable checklist - equally invaluable for Experts preparing to testify!

NEW! Latest information on the radical changes in how the Medicare program values the services of different physician specialties.

NEW! Complete analysis of final Stark II regulations.`

NEW! All new discussion of the "competent management" assumption of the fair market value standard and how to employ it in making normalization adjustments.

NEW! Guidance for issues specific to litigation engagements including the errors typically made by opposing experts unfamiliar with physician practices or the regulatory environment.

NEW! Detailed analysis of the issues in a valuation engagement for a "deal gone bad" where the first valuation’s forecast failed to materialize

NEW! Issues peculiar to dental practices including insight into the measurement of excess earnings.

NEW! Exploration of the appropriateness of tax-effecting the earnings of nontaxable entities including a detailed quantitative analysis that can be employed to determine the valuation discount or premium to be applied.

NEW! Expansion of the Chapter on tax issues affecting physician practices including "ownership" of goodwill in professional corporations and requirements for maintaining inventories (always important, but a critical valuation issue for such practices as ophthalmology, optometry, radiology, and oncology).

NEW! All new "short form" written report appropriate for engagements involving a practice buy-in or buy- out where distribution of the report is limited

NEW! Index of valuation, litigation, and practice management – relevant Internet sites on the CD. Each listing appears with a brief description of the information to be found, and a hyperlink to the site itself.