In the pantheon of business appraisal subjects, physician practices stand alone. The subject of intense regulatory scrutiny, rapid economic change, and operational peculiarities, these businesses are ripe for valuation – and valuation errors. According to valuation expert Tim Smith, in applying standard valuation methods to physician practices, many appraisers are misrepresenting the economics of value in this industry and ignoring key adjustments and recalibrations that would ensure an accurate determination of value. Hear Smith in Part 9 of BVR's 2014 Online Symposium on Healthcare Valuation to learn more.
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