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As in any professional practice, valuing a medical practice for purposes of marital dissolution involves many tricky issues, including jurisdictional considerations like standards of value, premises of value, and valuation dates, and universal considerations like goodwill, and double dipping. Unlike other professional practices, however, medical practices operate in an environment of tight – and quickly changing – regulation, complex reimbursement and payment schemes, and many other intangible considerations.
In part 9 of BVR's 2012 Online Symposium on Healthcare Valuation expert appraisers Kathie Wilson and Robert Levis examine these and other critical issues in valuing a medical practices for the purposes of marital dissolution. Join Wilson and Levis to find out how the healthcare environment affects the valuation processes and considerations necessary to reach a defensible conclusion of value, and how the business appraiser can best prepare themselves for their next assignment in this difficult area.
Program Agenda
Overview of medical practice revenue
Data to request
Divorce valuation - how is it different?
How to use statistical data
Reasonable compensation
Accounts receivable
Personal/professional goodwill v. practice goodwill
Case study
Learning Objectives
Learn what resources are necessary to value a medical practice for divorce purposes
Clarify how medical practice revenue streams are different from those of other businesses and what this means for the valuation process
Learn how to assess compensation and goodwill in medical practices
Learn what separates valuations for divorce from other medical practice valuations
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