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Medical Practice Valuation |
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Physician practice valuations present special challenges. Since practice acquisitions by hospitals and health systems must be handled at fair market value (FMV), it's critical that these challenges be addressed in a valuation done by a third party.
DGA has completed hundreds of medical practice valuations, ranging from solo practitioners to faculty practices comprised of hundreds of physicians, with all types of medical and surgical specialties as well as primary care. This experience has given us an understanding of practice operations that lets us interpret practice financial information and related operational data, even where that data is substandard or conflicting. We have the recognized valuation credentials and industry expertise to give our clients confidence that they are complying with all regulatory requirements. We can also advise on the desirability of purchasing a practice that is being valued.
Our experience in physician compensation benchmarking studies provides us with a unique ability to accurately measure physician productivity and the related fair market cost —a key component in assessing the practice professional revenue stream.
Medical practice valuations are nearly always politically sensitive. DGA's professionals are acutely attuned to handling this sensitivity, based on our experience in medical staff planning, strategic planning, joint venture development and other hospital/physician integration efforts.
We rely on this experience as we effectively navigate the sensitivities of a physician practice valuation assignment. So do our clients.
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