HealthCare Appraisers offers nationally recognized expertise in healthcare valuation services and exclusively serves the healthcare and life sciences communities.
Here are 10 things to know about HealthCare Appraisers.
1. HealthCare Appraisers has offices in Chicago, Dallas, Denver, Nashville and Philadelphia, in addition to the company's headquarters in Delray Beach, Fla.
2. HealthCare Appraisers provides fair market value opinions and analyses for compensation and service arrangements.
3. Additionally, the company also determines fair market value for pharmaceutical and medical device companies related to data set transactions, business valuation, clinical trial arrangements, intellectual property and data set transactions.
4. The company maintains a nationwide presence, serving hospitals and health systems in 49 states.
5. HealthCare Appraisers' clients include hospitals and health systems, outpatient facilities, physicians, managed care organizations, nursing homes, and pharmaceutical and medical device manufacturers. The company has performed business valuations concerning hundreds of healthcare entities, from ambulatory surgery centers to imaging/diagnostic centers.
6. Last month, HealthCare Appraisers announced the results of its 2014 ASC Valuation Survey. Based on the response of the 25 ASC companies that took the survey, it appears acquisition activity has been significant and is expected to remain high, with 68 percent of respondents planning to purchase between one and five ASCs this year.
7. According to a HealthCare Appraisers report, factors such as the aging population and increased demand for healthcare services have driven the rise of urgent care centers in the past year or so. Low barriers to entry and attractive revenue opportunities have resulted in a consistent increase in the number of urgent care centers, and 47 percent of those in operation in 2013 were developed within the previous five years.
8. In its 2013 industry report, HealthCare Appraisers identified physician employment and quasi-employment transactions as being among the most frequent types of hospital-physician integration activities in 2011 and 2012. These arrangements often appeal to physicians because of changing market dynamics and personal preferences, according to the report.
9. HealthCare Appraisers Partner Todd Mello and Managing Partner Daryl P. Johnson co-founded the company. Mr. Mello has more than 20 years of healthcare finance and valuation experience. Mr. Johnson has more than 25 years of valuation, financial and operational experience, more than 20 of which have been in the healthcare sector.
10. HealthCare Appraisers also provides transaction advisory and strategic consulting services, such as needs assessments and due diligence. It also offers litigation support, including damages assessments, valuation analysis and expert witness testimony.
HealthCare Appraisers Director Stuart Neiberg and Todd Mello, a partner with the company, will share their ideas on healthcare valuation at Becker's 12th Annual Spine, Orthopedic and Pain Management-Driven ASC Conference in June.
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