Press Release
National Association of Certified Valuators and Analysts™ (NACVA®)
Consultants' Training Institute™ (CTI™)
Contact: Brien K. Jones, Chief Operations Officer and Executive Vice President
5217 South State Street | Suite 400 | Salt Lake City, UT, USA 84107
www.NACVA.com | www.theCTI.com l (801) 486-0600 l BrienJ1@NACVA.com l BrienJ@theCTI.com
Healthcare Valuation Experts
Tackle Advanced Concepts
Advanced Healthcare Symposium Features Kathy McNamara, Government Expert Witness, in Halifax and Tuomey Cases
Healthcare valuation and consulting experts seeking help in navigating the treacherous regulatory landscape of healthcare can’t afford to miss an in-depth symposium this December presented by the National Association of Certified Valuators and Analysts™ (NACVA®) and the Consultants’ Training Institute™ (CTI™). The Advanced Healthcare Valuation and Consulting Symposium will be held December 12–13, 2014, in San Diego, CA at the Solamar Hotel.
Advanced Healthcare Valuation and Consulting Symposium
The Advanced Healthcare Valuation and Consulting Symposium will be held on Fridayand Saturday, December 12–13th, 2014, and features eight different sessions over the two days.
The keynote session includes an interview with the U.S. government’s chief valuation expert, Kathy McNamara, CPA, from several recent high-profile cases, including theTuomey and Halifax cases. Other sessions will address the fair market value implications of health systems losing money on employed physicians as well as an advanced analysis of fair market value compensation issues arising under the Stark group practice definition. The Symposium will also include a session on valuing healthcare brands. Another session will discuss how valuators play a vital role in the anatomy of a deal.
This engaging Symposium will allow attendees to be part of several advanced panel discussions and debates, including one discussion devoted to the controversial subject of how to value physician practices that will feature some of the main players in the profession joining together to exchange ideas and debate the issues. Panel discussions will focus on subjects such as fair market value problems with ancillary services in valuations of physician compensation and medical practices and the valuation implications of new reimbursement models for healthcare facilities and physicians.
“Healthcare is the largest, fastest-growing, and most complex industry in the U.S. It is undergoing accelerating change as the industry implements new payment models focused on the quality of service rather than the quantity,” states Advanced Healthcare Valuation and Consulting Symposium Co-Chair Richard Romero, MBA, CVA, CHFP, PAHM, with CBIZ Valuation Group, LLC. “Transformation in how U.S. healthcare is regulated, taxed, accessed, delivered, and reimbursed has created a myriad of opportunities for business valuation and financial forensics analysts to support the business arrangements and operations of healthcare entities.”
“Besides being the largest and fastest-growing industry in the United States, healthcare is also one of the most complex. One of the main contributors to this complexity is the regulatory environment. Healthcare regulations govern most aspects of the industry, including business transactions. In fact, most transactions have to comply with a unique definition of fair market value. Meeting this definition drives a large portion of the valuation work in the industry. But healthcare regulators think about fair market value in ways that depart from traditional appraisal methodology. The industry is also undergoing a major change in its revenue model, as we move away from paying for the volumes of healthcare services to paying for the quality of those services," states Timothy Smith, CPA, ABV, with American Appraisal, co-chair of the Advanced Healthcare Valuation and Consulting Symposium.
To view the Symposium schedule, visit http://www.nacva.com/CTI/CTIAdvancedHealthcareSymposium.asp.
About the NACVA
The National Association of Certified Valuators and Analysts (NACVA) is a global, professional association that delivers training from the nation’s leading experts in consulting fields such as business valuation, financial litigation forensics, expert witnessing, forensic accounting, fraud risk management, mergers and acquisitions, business and intellectual property damages, fair value, healthcare consulting, and exit strategies. Along with its training and certification programs, NACVA offers a range of support services, reference materials, software, and customized databases to enhance the professional capabilities and capacities of its members. NACVA is a member of the Institute for Credentialing Excellence™ (ICE™). NACVA's Certified Valuation Analyst® (CVA®) designation is the only valuation credential accredited by the National Commission for Certifying Agencies® (NCCA®), the accreditation body of the Institute for Credentialing Excellence. Other professional certifications offered by NACVA include the Master Analyst in Financial Forensics™ (MAFF™) and the Accredited in Business Appraisal Review™ (ABAR™) designation. Visit http://www.NACVA.com to learn more.
About the CTI
The Consultants' Training Institute is comprised of leading experts in the fields of business valuation, financial forensics and forensic accounting, mergers and acquisitions, healthcare valuation and consulting, and a variety of other related business consulting disciplines. As the most widely respected professional training organization, the CTI combines hundreds of years of practitioner experience with academic insights to produce benchmark training and certification in the accounting and financial consulting industry's hottest growth niches. To learn more, visithttp://www.theCTI.com.
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