COVID-19 Updates and Resources
Dear Colleagues and Partners,
Although 2020 is now behind us, we know that COVID-19 will remain at the forefront of our lives for some time to come. We continue to extend our deepest appreciation and well wishes to each and every one of you. At HealthCare Appraisers, we are committed to ensuring a safe and productive work environment for our employees, and equally as committed to providing our clients with the same level of excellent customer service that we provided pre-pandemic.
Following the onset of the pandemic, HealthCare Appraisers responded to numerous questions by clients regarding fair market value concerns arising from the unprecedented global crisis. In addition, and based, in part, on client-initiated questions, we created an online resource center to house COVID-19 related insights. We will continue to populate this section with related content as new insights are published. To the extent our online resources do not address your specific concern or topic, we always stand ready to leverage our experience and subject matter expertise to provide guidance or answer any questions.
Please let us know how we can be of service. Along with you, we are optimistic about a better and brighter 2021. Stay well and be safe.
COVID-19 Insights
Urgent Care Center Industry in 2020
Authors: Matthew J. Muller, ASA and Nicholas J. Janiga, ASA Download the PDFThe urgent care sector has been a quickly growing segment of the healthcare industry over the last several years, and HealthCare Appraisers has observed growth in transactions in this highly...
COVID-19 FMV Considerations Amongst Waivers
Authors: Erica Jacobovits, JD and Kevin Obletz, JD Download the PDF In the aftermath of the determination by the Secretary of Health and Human Services, Alex M. Azar II (the “Secretary”), that COVID-19 represents a public health emergency[1], the Centers for Medicare...
On-Demand Webinar: Designing Transitional Compensation Models During the COVID-19 Pandemic
Featuring HealthCare Appraisers' Andrea M. Ferrari, JD, MPH Time: 90 minutesSession Format: On Demand RecordingCLE Credit Available: No Recently the government issued blanket Stark waivers and Anti-Kickback guidance related to COVID-19 physician arrangements. This...
2020 Outlook: Telemedicine
Authors: David Y. Lo, CFA, Matthew J. Muller ASA and Nicholas J. Janiga, ASA Download the PDF Emerging as an essential tool in the efforts to combat the novel coronavirus (COVID-19), the telemedicine industry is expected to reach $155 billion, growing at a compound...
COVID-19 Impacts, Challenges, and Risks for Clinical Laboratories: An Overview
Authors: Kristina Kheyfets, David Sands, CVA and Fred Lara, CFA, ASA, CVA Download the PDF As COVID-19 continues to financially disrupt healthcare organizations across the nation, clinical laboratories of all sizes have played a vital role ramping up to meet the...
AHLA Podcast Series: Hospital Contracting to Prepare for and Respond to Patient Surges
In April 2020, HealthCare Appraisers provided financial support and professional expertise for an AHLA podcast series addressing various topics of interest to hospitals preparing for and responding to the COVID-19 crisis. Two of the podcast sessions, available below,...
Combating Coronavirus (COVID-19): Novel Solutions to the Growing Physician Shortage Crisis – Part Two
Authors: Alyse Bentz, JD, MPH, Erica Jacobovits, JD and Kevin Obletz, JD Download the PDFOn April 16, 2020, HealthCare Appraisers published an article detailing a proposal to help alleviate medical personnel shortages in the battle to combat the global spread of the...
Physician Practice Management Organizations After COVID-19: What Does the Future Hold?
Authors: Daniel I. Levin, CFA, ASA and Nicholas J. Janiga, ASA Download the PDF The COVID-19 pandemic has wrought a swift and unprecedented impact on the United States economy following implementation of efforts to fight the spread of the disease, including the forced...
No Free Lunch: The Hidden Value of “Free” Data Sharing Arrangements
Authors: Jordan A. Zoeller, MAcc and Nicholas J. Janiga, ASA Download the PDF Few industries have been spared from the disruption of technology. Healthcare, arguably one of the last holdouts, has increasingly come into play in recent times. Alphabet, parent company...
Ambulance Arrangements: Swapping FMV for Fortune
Authors: Ciara A. Pocino, Hunter A. Wolfel and Luis A. Argueso Download the PDF In recent years, HealthCare Appraisers has seen regulators increasingly sounding the sirens over ambulance “swapping” arrangements. Under an ambulance swapping arrangement, a provider of...
Combating Coronavirus (COVID-19): Novel Solutions to the Growing Physician Shortage Crisis
Authors: Alyse Bentz, JD, MPH, Erica Jacobovits, JD and Kevin Obletz, JD Download the PDF The battle to combat the global spread of the respiratory disease designated as the coronavirus disease 2019 (COVID-19) is currently being fought on multiple fronts, with...
The Altered Valuation Landscape of Ambulatory Surgery Centers in the Wake of COVID-19
Authors: Chris Vaughan and Hunter M. Outcalt, CPA/ABV Download the PDF DISCLAIMER: This FMVantage Point contains a general discussion of current issues and developments regarding Coronavirus disease 2019 (“COVID-19”). The information provided in this article does...
2020 Outlook: Physical Therapy Clinics & Centers
Authors: David Y. Lo, CFA; David M. Pine; and Nicholas J. Janiga, ASA Download the PDFOver the last several years, HealthCare Appraisers has observed an uptick in activity and investment in physical therapy clinics and centers. This article provides background...
The Role of Ambulatory Surgery Centers in the COVID-19 Pandemic
Authors: Jeffrey A. Piehl, MAI; Jeffrey Doyle, ASA; Nicholas J. Janiga, ASA; and Luis A. Argueso Download the PDF As hospitals and health systems prepare for all possibilities during the novel coronavirus (“COVID-19”) pandemic, a key recurring issue is preparation for...
Distressed Hospitals – Transactions and Trends
Authors: Ciara A. Pocino, Matthew J. Muller, ASA and Nicholas J. Janiga, ASA Download the PDF INTRODUCTION Over the last five years, HealthCare Appraisers has observed an increasing number of hospital transactions involving distressed facilities. Based on our review...
2020 Outlook: Home Health and Hospice
Authors: Daniel I. Levin, CFA, ASA and Nicholas J. Janiga, ASA Download the PDFHealthCare Appraisers has observed an uptick in activity and interest in the home health and hospice space. This article provides background information on the home health and hospice...
Telemedicine Adoption to Combat Novel Coronavirus and Fair Market Value
Authors: Luis A. Argueso and McClane Hofheins Download the PDF DISCLAIMER: This FMVantage Point contains a general discussion of current issues and developments regarding Coronavirus disease 2019 (“COVID-19”). The information provided in this article does not, and...
The Value of Fair Market Value Review in a Hospital’s Preparation and Response to Coronavirus
Authors: Andrea Ferrari, JD, MPH, Jamie McIntyre, JD and Kirstin Grice, JD Download the PDF DISCLAIMER: This FMVantage Point contains a general discussion of current issues and developments regarding Coronavirus disease 2019 (“COVID-19”). The information provided in...
Recent Insights
OIG Issues Special Fraud Alert in Connection with Speaker Programs
Author: David W. Sands, CVA Download the PDFThe Department of Health and Human Services’ Office of Inspector General (OIG) recently released a Special Fraud Alert[1] aimed at pharmaceutical and device companies that use speaker programs to compensate physicians and...
A Multi-Specialty ASC is the Subject of Latest OIG Advisory Opinion
Author: Fred M. Lara, CFA, ASA, CVA Download the PDFOn April 29, 2021, the Office of Inspector General (the “OIG”) posted Advisory Opinion No. 21-02, which addressed a request from a health system and management company (the “Requestors”) for review of a proposed...
HealthCare Appraisers Releases 2021 ASC Valuation and Benchmarking Surveys – Timely Insight into the Trends and Forces Shaping the ASC Industry
BOCA RATON, Fla., May 6th – HealthCare Appraisers, a leading healthcare valuation and advisory firm with offices nationwide, released its comprehensive 2021 Ambulatory Surgery Center (ASC) Valuation and Benchmarking Surveys. Research from these surveys reveal data...
2021 ASC Valuation and Benchmarking Surveys
HealthCare Appraisers' clients, please contact your representative for a complimentary copy of the 2021 ASC Valuation and Benchmarking Surveys. These surveys have become widely-utilized and valuable industry resources over the years, and we hope you enjoy the...
2021 Outlook: Diagnostic Imaging Centers and Radiology Practices
Authors: Daniel I. Levin, CFA, ASA and Nicholas J. Janiga, ASA Download the PDFThe imaging market in the United States is estimated to generate more than $100 billion[1] annually with radiology practices and imaging centers accounting for approximately $19 billion[2]...
Upcoming Events
Jun 28-30 | AHLA Virtual Annual Meeting
HealthCare Appraiser's Partner, Andrea M. Ferrari, JD, MPH will co-present The Terrible, Horrible, No Good, Very Bad Year: How Did We Do and Where do We Go From Here? Understanding the Strides and Obstacles to Diversity and Inclusion Through the Lens of COVID....