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Program Description
The federal government is changing the way it pays for healthcare. As part of this process, hospitals and physicians must work together and share the compensation paid by Medicare, Medicaid, and other managed-care payers. This presentation will review how businesses are valued as providers consolidate to develop clinically integrated networks (CIN). The presentation will also describe how to determine the fair market value of services provided under a CIN so reimbursement is shared appropriately.
Learning Objectives
After completing this webinar, attendees will be able to:
- List the latest reimbursement models in the healthcare industry
- Collect the knowledge necessary to value healthcare entities subject to these new reimbursement models
- Recognize the impact these changes have on the fair market value of business and services provided under these reimbursement models
- Predict how changes in the reimbursement models impact valuation and apply these concepts in their practices
Who Should Attend
Practitioners, attorneys, CEO/CFO/CCOs
Moderator(s)
Timothy Smith, CPA, ABV
Mr. Timothy Smith is the national director of American Appraisal’s healthcare valuation practice. Mr. Smith has over two decades of experience in the healthcare industry, including more than 14 years at Hospital Corporation of America, Inc. (HCA), one of the nation’s largest hospital companies. During his tenure at HCA, he worked on hundreds of physician practice acquisition, divestiture, and employment deals. Mr. Smith also completed regulatory compliance reviews on hundreds of appraisals for acquisitions, divestitures, and compensation arrangements. Following his HCA tenure, Mr. Smith has worked in the appraisal profession with a focus on physician compensation arrangements. He has emerged as a thought leader in the area of healthcare compensation valuation (CV). He authored the first systematic account of the theory and practice of CV in the BVR/AHLA Guide to Healthcare Industry Compensation and Valuation, which he co-edited with Mark O. Dietrich. Mr. Smith is the most extensively published author on the newly emerging appraisal discipline of compensation valuation in the healthcare industry today.
Presenter(s)
Curtis Bernstein, CPA, ABV, CVA, ASA, CHFP, MBA
Mr. Curtis H. Bernstein is a managing director of Valuation and Transaction Services for Altegra Health, Inc. For over a decade, Mr. Bernstein has specialized in providing valuation, transaction advisory, strategic and operational consulting services to clients. He has extensive experience working closely with hospital systems, physician groups, ambulatory surgery centers (ASCs), and other healthcare organizations. Within the healthcare delivery environment, Mr. Bernstein currently sits on the advisory board for the National Association of Valuation Analysts’ Healthcare Practice Group and recently updated sections of the study materials for NACVA/CTI’s Healthcare Valuation and Consulting Workshop. Mr. Bernstein is also an expert for the Healthcare Financial Management Association forums.
Greg Endicott, CPA, ABV, ASA
Mr. Greg Endicott is the managing director of Strategic Value Group, LLC, providing business valuation and related consulting services primarily in the areas of healthcare, emerging technology, and financial reporting. Prior to his current position, he managed the valuation group of a nationally recognized healthcare consulting firm and was with Arthur Andersen, LLP, for 10 years working in the valuation and audit groups. Mr. Endicott’s primary areas of expertise are in valuations for transactional, compliance, and financial reporting purposes. He has performed appraisals of businesses, intangible assets, compensation arrangements and other agreements for a variety of purposes.
CPE Credit |
Timothy Smith, CPA, ABV
Curtis Bernstein, CPA, ABV, CVA, ASA, CHFP, MBA
Greg Endicott, CPA, ABV, ASA
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