Healthcare Valuation: The Financial Appraisal of Enterprises, Assets, and Services, Volume 2

Healthcare Valuation: The Financial Appraisal of Enterprises, Assets, and Services, Volume 2

by Robert James Cimasi
Released March 2014
Publisher(s): Wiley
ISBN: 9781118832912

Read it now on the O’Reilly learning platform with a 10-day free trial.

O’Reilly members get unlimited access to books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.

Start your free trial

Book description

A timely look at the healthcare valuation process in an era of dynamic healthcare reform, including theory, methodology, and professional standards

In light of the dynamic nature of the healthcare industry sector, the analysis supporting business valuation engagements for healthcare enterprises, assets, and services must address the expected economic conditions and events resulting from the four pillars of the healthcare industry: Reimbursement, Regulation, Competition, and Technology. Healthcare Valuation presents specific attributes of each of these enterprises, assets, and services and how research needs and valuation processes differentiate depending on the subject of the appraisal, the environment the property interest exists, and the nature of the practices.

  • Includes theory, methodology, and professional standards as well as requisite research, analytical, and reporting functions in delivering healthcare valuation services

  • Provides useful process tools such as worksheets and checklists, relevant case studies, plus a website that will include comprehensive glossaries and topical bibliographies

    • Read Healthcare Valuation for a comprehensive treatise of valuation issues in the healthcare field including trends of compensation and reimbursement, technology and intellectual property, and newly emerging healthcare entities.

    Table of contents

    1. Cover Page
    2. Title Page
    3. Copyright
    4. Dedication
    5. Contents
    6. Foreword
    7. Preface
      1. THE CHANGING HEALTHCARE INDUSTRY PARADIGM: THE CORPORATIZATION OF MEDICINE
      2. CHANGES IN THE ENTERPRISES, ASSETS, AND SERVICES SUBJECT TO APPRAISAL AND SCOPE OF ENGAGEMENT
      3. CAPITAL MARKET CHANGES: AVAILABILITY OF CAPITAL AND NEW FINANCIAL INSTRUMENTS
      4. CHANGES IN THE VALUATION LITERATURE AND EDUCATION
      5. CHANGE IN VALUATION PROFESSION STANDARDS
      6. CHANGES IN REGULATORY SCRUTINY
      7. CHANGES IN CLIENT EXPECTATIONS
      8. HEALTHCARE INDUSTRY SPECIALIZATION
      9. WHY I WROTE THIS BOOK
    8. Acknowledgments
    9. About the Author
    10. Disclaimer
    11. Introduction
      1. THE FOUR PILLARS OF THE HEALTHCARE INDUSTRY
      2. STRUCTURE OF THIS TEXT
      3. READER TOOLS
    12. CHAPTER 7: Basic Valuation Tenets
      1. 7.1 ECONOMIC PRINCIPLES
      2. 7.2 FINANCIAL VALUATION CONCEPTS
      3. 7.3 CONCLUSION
      4. 7.4 KEY SOURCES
      5. 7.5 ACRONYMS
    13. CHAPTER 8: Valuation Approaches and Methods
      1. 8.1 VALUATION METHODOLOGY
      2. 8.2 ALTERNATIVE VALUATION TECHNIQUES
      3. 8.3 RISK ASSESSMENT
      4. 8.4 DISCOUNTS AND PREMIUMS
      5. 8.5 RELATED VALUATION ASSIGNMENTS
      6. 8.6 CONCLUSION
      7. 8.7 KEY SOURCES
      8. 8.8 ACRONYMS
    14. CHAPTER 9: Costs and Sources of Capital
      1. 9.1 HEALTHCARE FINANCING OPTIONS
      2. 9.2 COST OF CAPITAL
      3. 9.3 CONCLUSION
      4. 9.4 KEY SOURCES
      5. 9.5 ACRONYMS
    15. CHAPTER 10: Planning and Process for Healthcare Valuation Engagements
      1. 10.1 DEFINING THE ENGAGEMENT
      2. 10.2 DEVELOPING THE VALUATION OPINION
      3. 10.3 CONCLUSION
      4. 10.4 KEY SOURCES
    16. CHAPTER 11: Inpatient Enterprises
      1. 11.1 HOSPITALS
      2. 11.2 LONG-TERM CARE
      3. 11.3 TYPICAL VALUATION CONSIDERATIONS
      4. 11.4 CONCLUSION
      5. 11.5 KEY SOURCES
      6. 11.6 ACRONYMS
    17. CHAPTER 12: The Valuation of Outpatient Enterprises
      1. 12.1 OVERVIEW OF VALUATION CONSIDERATIONS PERTINENT TO OUTPATIENT ENTERPRISES
      2. 12.2 PASSIONAL PRACTICES
      3. 12.3 FREESTANDING OUTPATIENT AMBULATORY ENTERPRISES
      4. 12.4 HOME HEALTH AND HOSPICE ENTERPRISES
      5. 12.5 CONCLUSION
      6. 12.6 KEY SOURCES
      7. 12.7 ACRONYMS
    18. CHAPTER 13: The Valuation of Other Healthcare-Related Enterprises
      1. 13.1 MANAGEMENT SERVICE ENTERPRISES
      2. 13.2 THIRD-PARTY PAYORS
      3. 13.3 SUPPLY SIDE ENTERPRISES
      4. 13.4 CONCLUSION
      5. 13.5 KEY SOURCES
      6. 13.6 ACRONYMS
    19. CHAPTER 14: The Valuation of Tangible and Intangible Assets
      1. 14.1 CURRENT AND FUTURE TRENDS REGARDING TANGIBLE ASSETS
      2. 14.2 CLASSIFICATION AND VALUATION OF TANGIBLE ASSETS
      3. 14.3 CURRENT AND FUTURE TRENDS REGARDING INTANGIBLE ASSETS UNDER THE FOUR PILLARS: REGULATORY, REIMBURSEMENT, COMPETITION, AND TECHNOLOGY
      4. 14.4 CLASSIFICATION AND VALUATION OF INTANGIBLE ASSETS
      5. 14.5 CONCLUSION
      6. 4.6 KEY SOURCES
      7. 14.7 ACRONYMS
    20. CHAPTER 15: Healthcare Services
      1. 15.1 CLASSIFICATION OF CLINICAL-RELATED SERVICES
      2. 15.2 CLASSIFICATION OF NONCLINICAL-RELATED SERVICES
      3. 15.3 ESTABLISHING FAIR MARKET VALUE AND COMMERCIAL REASONABLENESS
      4. 15.4 FOUR PILLARS OF THE HEALTHCARE SERVICE INDUSTRY: REGULATORY, REIMBURSEMENT, COMPETITION, AND TECHNOLOGY
      5. 15.5 VALUATION OF HEALTHCARE SERVICES
      6. 15.6 CONCLUSION
      7. 15.7 KEY SOURCES
      8. 15.8 ACRONYMS
    21. CHAPTER 16: The Threshold of Commercial Reasonableness
      1. 16.1 DEFINITION OF COMMERCIAL REASONABLENESS
      2. 16.2 COMMERCIAL REASONABLENESS ANALYSIS
      3. 16.3 CONCLUSION
      4. 16.4 KEY SOURCES
      5. 16.5 ACRONYMS
    22. Epilogue
    23. Appendix: Subject Property Interest
    24. Bibliography
      1. ECONOMICS, CAPITAL, AND VALUATION
      2. GOVERNMENT & REGULATORY
      3. HEALTHCARE ENTERPRISES, ASSETS, AND SERVICES
      4. HEALTHCARE REFORM
      5. REVENUE AND EXPENSE
    25. Glossary
    26. About the Companion Website
    27. Index

    Product information

    • Title: Healthcare Valuation: The Financial Appraisal of Enterprises, Assets, and Services, Volume 2
    • Author(s): Robert James Cimasi
    • Release date: March 2014
    • Publisher(s): Wiley
    • ISBN: 9781118832912