BV News and Trends April 2024
A monthly roundup of key developments of interest to business valuation experts.
Tax Planning With RCReports
Tax planning is an essential aspect of financial management for businesses and individuals. However, with a complex and ever-changing tax landscape, it can be challenging to navigate these waters effectively, which is where RCReports can be a game-changer.
New edition of guide to physician practice valuation available
Subscribers to the BVResearch Pro platform now have online access to the 600-page Guide to Physician Practice Finance and Valuation by Mark O. Dietrich.
BVR Power Panel offers insights into recent issues
BVR has an ongoing webinar series of Power Panels, consisting of veteran practitioners and thought leaders covering recent trends and issues.
BV News and Trends January 2024
A monthly roundup of key developments of interest to business valuation experts.
Catch Me If You Can: Mitigating Compliance Risk Related To Provider Compensation
With ongoing regulatory changes and an evolving healthcare environment, it is likely that the Department of Justice (DOJ) will maintain its focus on enforcing actions against healthcare providers who prioritize their financial gains over patient well-being and unlawfully siphon funds from government programs. In this presentation, we will discuss recent enforcement actions and highlight themes related to specialty and methodology. We will also describe how organizations should manage Stark law and antikickback violations when prevention ...
Differences in Commercial Insurer Pay Rates Dominate Healthcare Valuation (Unless You’re Relying on Surveys)
Payment rates drive revenue and profit in the healthcare sector, and, therefore, without that knowledge, a valuation conclusion has only a random chance of being accurate.
Practice opportunity: Buy-sell agreements
A “vast opportunity” for appraisers can be found in buy-sell agreements, according to Jeff Tarbell (Houlihan Lokey) and Riley Busenlener (Chaffe & Associates Inc.), who is also an attorney.
CPT® Codes Drive Compensation, Business Valuation, and Regulatory Compliance in Healthcare
“Know them or practice at your peril,” says the author, who maintains that you cannot understand Stark Law requirements without understanding the CPT® codes for the particular medical specialty you are engaged to value.
BV News and Trends November 2023
A monthly roundup of key developments of interest to business valuation experts.
BV firm benchmarking guide for 2023 just released
How does your valuation practice stack up against its peers?
Business Valuation Firm Benchmarking Guide: 2023 Edition
November 2023 PDF, Softcover (103 pages)
Business Valuation Resources, LLC
BV News and Trends October 2023
A monthly roundup of key developments of interest to business valuation experts.
Watch out for ‘black box’ compensation apps
During his session on reasonable compensation at the Forensic and Valuation Conference hosted by the Virginia State Society of CPAs, Neil Beaton (Alvarez and Marsal) discussed the various compensation benchmarking surveys and subscription databases.
BV firms are thriving, per BVR’s benchmarking insights
The past few years may have been witness to the most demand, the best growth, and the highest profitability the business valuation profession has ever seen, according to the executive summary for the 2023 BVR Benchmarking Survey.
BV News and Trends September 2023
A monthly roundup of key developments of interest to business valuation experts.
BV Firm Billing Rates Shot Up in 2022
The vast majority (83%) of business valuation firms increased their billing rates in 2022, according to preliminary results of BVR’s benchmarking survey. This is a much greater percentage than the last survey (2018) found, when 60% of respondents said they raised rates. Increases ranged from 3% to 25%, with an average of 11%.
Early results from BVR’s Benchmarking Survey
Almost 200 business valuation firms and practices responded to the BVR Benchmarking Survey, which closed last week.
Caution: Mixed M&A landscape for physician practices
A rapidly changing and mixed transaction volume for physician practices signals caution to valuation analysts looking to historical transactions for guidance and comparables, advises a recent post from Weaver, the assurance, tax, and advisory firm.
CMS Confirms That It’s Out of the FMV Business
Business Valuation Update was fortunate to get a preview of an important podcast with a Centers for Medicare & Medicaid Services (CMS) official, who confirmed that the government will look to the valuation community for Stark compliance when it comes to the methodology for determining the fair market value (FMV) of physician compensation.
Deadline soon for BVR’s benchmarking survey
Our thanks to the over 170 business valuation firms and practices that have responded to the BVR Benchmarking Survey.
Survey reveals extent of staff shortages at BV firms
It’s not a surprise that the BV profession is suffering from staff shortages, but now we can quantify this phenomenon to some degree.
Value-based billing gains steam at BV firms
Value-based billing is becoming more prevalent at business valuation firms, according to preliminary results of BVR’s Benchmarking Survey.
BVR to Identify Top-Performing BV Firms and Practices
Since 2007, Business Valuation Resources has been surveying BV firms and practices, collecting the most comprehensive data on operations, financial metrics, compensation, staffing, marketing, billing, resources used, and more. BVR is launching the latest version of this survey—with a new twist.
New Valuation Credential Set to Launch for Healthcare Compensation Experts
The American Association of Provider Compensation Professionals (AAPCP) is set to unveil the Certified in Provider Compensation Valuation (CPCV) credential this summer. The news was announced at the AAPCP’s annual conference in Nashville April 26-28. A number of valuation professionals have already signed up for the training courses.