At last month’s NACVA/IBA confab in Boston, Mark Dietrich presented “Tricks and Traps in the Valuation of Medical Practices, Compensation, Local Markets, and Cap Rates.” In this informative session, Dietrich—co-editor of BVR's Guide to Healthcare Valuation—provided attendees with sources BV experts can use to find information to bolster healthcare-focused appraisal reports. A few to note:
- Kaiser Family State Health Facts. In addition to excellent statistics on all things healthcare, this resource includes a chart showing Nonfederal Physicians per 1,000 Population in 2008 and the concentration of physicians in the Northeast U.S.
- Centers for Medicare & Medicaid Services. Table 23 of the 2007 CMS Statistics, “Practitioners per CMS Region,” shows the number of practitioners per 100,000 population.
- Merritt Hawkins & Associates. Their 2008 Survey of Primary Care Physicians is another must-see.
One of Dietrich’s top takeaways: Remember to scour all relevant data sources on the healthcare profession and incorporate significant portions in your report before you finalize it.
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