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

CHAPTER 11

Inpatient Enterprises

11.1 Hospitals

11.1.1 Short-Term Acute Care Hospitals

11.1.2 Rural Hospitals

11.1.3 Government Hospitals

11.1.4 Specialty Hospitals

11.1.5 Long-Term Acute Care Hospitals

11.1.6 Current and Future Trends: Regulatory, Reimbursement, Competition, and Technology

11.1.7 Value Drivers of Hospitals

11.2 Long-Term Care

11.2.1 Skilled Nursing Facilities

11.2.2 Nursing Homes

11.2.3 Assisted Living Facilities

11.2.4 Congregate Care Facilities

11.2.5 Current and Future Trends: Regulatory, Reimbursement, Competition, Technology

11.2.6 Value Drivers of Long-Term Care Enterprises

11.3 Typical Valuation Considerations

11.3.1 Other Pertinent Valuation Considerations

11.4 Conclusion

11.5 Key Sources

11.6 Acronyms

Hospitals in the United States have always been intimately engaged with their communities. From Benjamin Franklin starting Pennsylvania Hospital to shipbuilder Jean Louis leaving his fortune to create Charity Hospital in New Orleans to Mother Joseph establishing hospitals throughout the Pacific Northwest, leaders have known that hospitals are essential to the well-being of the community.¹

—Connie J. Evashwick and Eileen L. Barsi

Hospitals and their inpatient-related services have had a significantly changing role during the long history of their existence as part of the U.S. healthcare delivery system. As the provision of inpatient healthcare services has evolved in the United States, due to technological advances and the corporatization of healthcare, inpatient ...