Business Valuation Update
- How to Review a Report’s Valuation Methodology
- Ideas for Solving Two Problems in the BV Profession
- How Do Your Firm’s Benefits Stack Up?
- Using Rule of Thumb Data to Uncover Cooked Books
Other Books
This is a list of short reviews of books that may be of interest to business appraisers.
How New QBI Deduction Impacts the Hypothetical Buyer and Seller, Part 2
Part 2 of a two-part article on the impact of the new tax law’s Qualified Business Income (QBI) deduction for pass-through entities in determining estimated after-tax cash flow at the investor level, as well as the related change in the fair market value of the entity.
Key Issues in Debate Over the Cost Approach for Healthcare Intangibles
Editor’s Note: There is an ongoing debate over the reliance on the cost approach in valuing intangible assets in a healthcare industry context. Adding fuel to the fire is an AICPA white paper on the application of the cost approach to valuing intangibles ...
How Technical and Professional Components of Ancillary Revenue Affect Medical Practice Values
Valuing a medical business is like any other--it requires an understanding of how revenue is generated—what products or services are sold, how much revenue comes from each, and knowledge of competing products or services and competing sellers. For medical ...
How the New QBI Deduction Impacts the Hypothetical Buyer and Seller
Part 1 of a two-part article on the impact of the new tax law’s Qualified Business Income (QBI) deduction for pass-through entities in determining estimated after-tax cash flow at the investor level, as well as the related change in the fair market value of the entity.
How the Healthcare Industry Misuses and Abuses Survey Data
Compensation survey data do not provide a complete and precise depiction of the physician marketplace for any physician deal. The authors debunk the current “survey says” paradigm and provide the foundation for a completely new standard for the fair market value of physician clinical compensation.
Zeroing in on the value drivers in healthcare: What’s hot, what’s not, and what’s going to pot (Part 1 of 2)
In this article, we highlight the current state of a wide range of healthcare industry sectors, focusing on impending changes in reimbursement and regulations that should affect a valuation based upon the Income Approach—even if the market has not yet tak ...
Medical A/R: Top Issues That Impact Your Valuations
Like many aspects of valuation, valuing medical accounts receivable is as much an art as it is a science. Many small businesses and virtually all professional practices use the cash method of accounting. Under this method, accounts receivable are not ref ...
Consider Laws and Regulations When Valuing Patient Records
In the highly nuanced area of healthcare valuation, questions often arise about whether patient medical records have any value independent of the medical practice (for example, as a stand-alone asset). Even before valuation analysts consider the rule that ...
Letter to the Editor: Comments on a Recent Article on the FMV of Physician Compensation
A letter in response to the article, “Dietrich and Smith’s Debate Challenge Re: FMV of Physician Pay,” that appeared in the March 2018 issue of Business Valuation Update that presents new thinking and approaches.
New Issues in CPT Coding and Physician Income
Valuation practitioners cannot value a physician practice without doing a fundamental analysis of the Current Procedural Terminology (CPT) codes, reports Mark Dietrich, CPA/ABV. “No one values an accounting practice without analyzing the difference in tax ...
‘Survey Says’ for FMV of Physician Compensation Is on Its Last Legs
The use of compensation surveys to determine the fair market value of physician compensation is seriously flawed, a position well-known expert Mark Dietrich has long maintained. Plus, recent government regulations confirm his position. He offers an alternate methodology.
Book Review: The Updated BVR/AHLA Guide to Healthcare Valuation: More Valuable Than Ever
Healthcare is arguably the most complicated segment of our economy, and reform legislation promises further challenges ahead. The new BVR/AHLA Guide to Healthcare Valuation, third edition, edited by Mark O. Dietrich, builds upon the excellent previous edi ...
Zeroing in on the value drivers in healthcare: What’s hot, what’s not, and what’s going to pot (Part 2 of 2)
In this article, we highlight the current state of a wide range of healthcare industry sectors, focusing on impending changes in reimbursement and regulations that should affect a valuation based upon the Income Approach—even if the market has not yet tak ...
GOODWILL REQUIRES ENFORCEABLE COVENANT NOT TO COMPETE
n GOODWILL REQUIRES ENFORCEABLE COVENANT NOT TO COMPETE , Dietrich, Mark O., CPA/ABV CPA Expert , Special Issue 1999. In this article, the author discusses the 1998 U.S. Tax Court decision o ...
New Approach to FMV of Physician Pay Could End Hospital Woes
Unless there’s a change of mindset over the fair market value of physician compensation, hospitals will stay on the government’s radar for fraud and abuse claims. At the recent AICPA Healthcare Industry Conference, speakers at several sessions refuted con ...
How to Avoid Harsh HIPAA Penalties When Doing Healthcare Valuations
Changes in federal healthcare law have expanded the requirements for maintaining the security of patient data. What does this have to do with your valuation engagement? When doing a valuation of a healthcare entity, you may receive protected patient infor ...
New Ballgame for FMV in Healthcare Under Final CMS Rules
The valuation profession is now in the driver’s seat with respect to the definition of fair market value for healthcare regulatory purposes. The game changer is in the final rules from the Centers for Medicare & Medicaid Services (CMS) related to the Stark Law. There is also a call for papers.
BVU News and Trends November 2020
A monthly roundup of key developments of interest to business valuation experts.
BV News At-a-Glance
A monthly roundup of key developments from the standard setters, regulators, and valuation professional organizations (VPOs), plus noteworthy new books, research papers, and studies of interest to business valuation experts.
BV News At-a-Glance
A monthly roundup of key developments of interest to business valuation experts.
BVU News and Trends August 2018
A monthly roundup of key developments of interest to business valuation experts.
Economy, Cannabis, Physician Pay, SPACs, and Expert Testimony Among the Hot Topics at the NJCPA BV Conference
Key takeaways from the 2021 New Jersey CPA Society’s Business Valuation and Litigation Services Conference are included.
BVU News and Trends September 2020
A monthly roundup of key developments of interest to business valuation experts.
AICPA Conference Covers Healthcare Valuation Challenges and Opportunities
The ever-changing landscape of the healthcare sector was examined at the AICPA’s 2015 Healthcare Industry Conference in Las Vegas, where 375 attendees were treated to some very informative sessions, including a learning path devoted to valuation. BVU was ...