Authors: Daniel I. Levin, CFA, ASA and Nicholas J. Janiga, ASA Download the PDF Orthopedic practices have long generated interest from outside buyers, including hospitals and health systems, and more recently, private equity firms. There are many rationales and...
Authors: Robert Kurtz Download the PDF Includes interview with Nicholas J. Janiga, ASA. Originally published by the Ambulatory Surgery Center Association. ASC Focus, The ASCA Journal, March 2023. Build a strong team, do your due diligence and have patience....
Authors: Jordan A. Zoeller, MAcc, CFA and Nicholas J. Janiga, ASA Download the PDF INTRODUCTION At HealthCare Appraisers, we have analyzed numerous inpatient psychiatric facilities (“IPFs”) in a variety of contexts, whether for acquisition purposes, formation of joint...
Authors: Daniel I. Levin, CFA, ASA and Nicholas J. Janiga, ASA Download the PDF Rising interest rates, elevated inflation, and economic uncertainty led to volatility in 2022, and many of these factors remain in place heading into 2023. While inflation appears to have...
Authors: Daniel I. Levin, CFA, ASA, Matthew J. Muller, ASA and Nicholas J. Janiga, ASA Download the PDF HOSPITAL-BASED CARE Physician practice acquisition activity has been robust for many years, resulting in a change in the composition of physician employment and...
Authors: Daniel I. Levin, CFA, ASA and Nicholas J. Janiga, ASA Download the PDF In June of 2022, Dan Levin and Nick Janiga attended the Home Care Innovation and Investment Conference in Chicago where we met with and heard from operators and investors in the home care...
Authors: Daniel I. Levin, CFA, ASA, Bobby Van Dusen, MSAQF and Nicholas J. Janiga, ASA Download the PDF The authors continue to observe a high level of interest in home health and hospice as the sector is expected to benefit from aging demographics, the shift to...
Authors: David Y. Lo, CFA, ASA and Nicholas J. Janiga, ASA Download the PDF 1. OVERVIEW OF THE PHYSICIAN PRACTICE INDUSTRY With slightly over one million active physicians in the United States, IHS Markit Ltd. projects a total physician shortage between 54,100 and...
Authors: David Y. Lo, CFA, ASA and Nicholas J. Janiga, ASA Download the PDF The physical therapy industry continues to see growing activity and investment. Most recently ATI Physical Therapy went public through a merger with a special purpose acquisition company,...
Authors: Alyse Bentz, JD, MPH and Kevin Obletz, J.D., CVA Download the PDF A recent Advisory Opinion[1] (“AO”) offers clarification on the group practice definition for purposes of Section 1877(h)(4) of the Social Security Act and 42 CFR §411.352 (collectively, the...
