For many years, the healthcare valuation community has been divided over which approach to value should reign supreme in valuing physician practices. Thought leader Tim Smith claims he has now definitively resolved the debate of why there are such divergent value indications in physician practices. He proposes the issue stems from incorrect application of cost and asset approaches along with the failure to properly reconcile these indications in arriving at a conclusion of value. He claims the resolution is simply a matter of paying attention to the key texts in the valuation body of knowledge and presents alternative strategies consistent with the profession’s fundamentals. The debate, according to Smith, is over. Attend and decide for yourself.