Healthcare
Valuation and Consulting Workshop
Co-Sponsored by the National Association of Certified
Valuators and Analysts™
Program
Content
Whether you are valuing medical practices or consulting with them, the
medical practice arena represents a constantly changing dynamic with
unique challenges that must be understood to effectively perform in
either the valuator or consulting role. The completely revisedHealthcare
Valuation and Consulting Workshopintroduces
attendees to the primary value drivers at the practice level with a
focus upon the regulatory constraints that dictate the forms of
transactions that are deemed permissible for practitioners in the
healthcare community to enter into. The four-day program addresses
the unique dynamics of acute care healthcare business arrangements and
the operation principles of medical practices and how to cope with
today’s challenging healthcare industry.
Details
Day 1: Understanding the Regulatory
Environment of Healthcare Reimbursements and Forms of Healthcare
Reimbursement
Part 1: Understanding the Regulatory
Environment of Healthcare Reimbursements
This presentation will describe the legal requirements under the
Anti-Kickback Statute, Stark Law, False Claims Act, compliance
program requirements, and the U.S. Sentencing Guidelines.
After completing this course, attendees will be able to:
Articulate the requirements under the general fraud and
abuse laws, including the Anti-Kickback Statute, Stark Law,
False Claims Act, and U.S. Sentencing Guidelines
Identify the risks under fraud and abuse laws
Differentiate between the requirements under each
applicable fraud and abuse law and determine which fraud abuse
laws apply to a compensation arrangement between referral
sources
Part 2: Forms of Healthcare Reimbursement
The way in which a healthcare entity is reimbursed varies
depending on the type of entity. For example, certain entities
are paid based on how many procedures are performed, while
others are based on the number of patients the entity is
responsible for providing service to, how long procedures last,
or how many days the patient was under the care of the entity.
The focus will be on reimbursement for physician services with a
high-level overview of reimbursement for other types of
providers.
After completing this course, attendees will be able to:
Identify how healthcare providers are reimbursed for their
services
Select the inputs to the reimbursement data and the use of
this data for compensation planning and benchmarking analysis
Summarize how to convert the data underlying Medicare
reimbursement data and other publicly reported Medicare data
to benchmark company operations
Day 2: Provider Organizational
Structures, Performance Metrics, and Benchmarking
This first part of this course will lead attendees through a
fundamental discussion of physician professional service
arrangements, the key factors influencing value, and practical
techniques for assessing the fair market value of physician
compensation within these arrangements. The course will also
study basic compensation structures. The second part of this
course will provide an in-depth review of data sources available
for benchmarking physician compensation and determining Fair
Market Value (FMV). Attendees will explore how to address the
strengths, weaknesses, and biases of the different data sources
as part of valuation studies.
After completing this course, attendees will be able to:
Describe the primary forms of physician professional
service arrangements
Identify the sources of value within professional service
arrangements
Assess compensation methodologies under different types of
professional service arrangements
Summarize the primary sources of physician compensation
data and benchmarks
Navigate the primary physician compensation data sources
and critique the reliability of the data for valuation
purposes
Construct basic models to estimate FMV physician
compensation using various published data sources
Day 3: Understanding, Structuring,
and Valuing Physician Compensation Arrangements
Day 3 of the Workshop focuses on applying the material covered
in the first two days of the Workshop in practical examples and
case studies. Examples and cases will require the attendees to
work through valuation issues that involve regulatory,
reimbursement, scope of service, and data issues. Topics for
both business and compensation valuation will be addressed. A
session on writing reports for compensation valuations will also
be covered.
After completing this course, attendees will be able to:
Identify regulatory issues that can affect the selection
and application of valuation methods in healthcare appraisal
assignments
Evaluate revenue cycle issues and project revenues
appropriately in the valuation process
Analyze the fundamental economics of healthcare entities
and physician compensation arrangements
Appraise physician compensation arrangements using the
framework of the Cost, Market, and Income Approaches
Assess the relevance and applicability of market data
sources and valuation methods for use in valuing compensation
arrangements
Implement best practices in preparing compensation
valuation reports
Day 4: Advanced Topics and Healthcare
Valuation Forum
Day 4 is a rare opportunity to delve into the most relevant and
pressing healthcare valuation issues. This course is for
practitioners who are facing the most challenging healthcare
valuation problems. It is a lively and interactive course
moderated by healthcare valuation experts. This is a highly
participatory course for seasoned healthcare valuation
consultants. It is a unique opportunity for attendees to
engage, discuss, debate, ponder, and evoke thoughtful dialogue
with their peers. It will afford the opportunity to discover
and discuss with other talented professionals how they are
handling challenging problems in the field. Regardless of
whether it is the latest court ruling, Stark violation,
conundrums, or other timely topic, such as the valuation of
intangibles when there is no going concern value, it is up for
discussion and critique. Although this course is designed with
advanced practitioners in mind, it may also be helpful for
less-experienced attendees to listen, ask questions, and watch
how veteran consultants confront and analyze complex healthcare
valuation topics.
After completing this course, attendees will be able to:
Debate the pros and cons of differing methodologies and
approaches to healthcare valuations
Articulate some of the overriding national healthcare
policies and most applicable healthcare rules
Demonstrate an understanding of the challenging and
complex issues related to healthcare consulting and valuations
Identify facts and arguments related to various watershed
court cases
Apply a well-structured process to complex healthcare
valuation issues
Who Should Attend
CEOs, CFOs, attorneys, accountants, and other practitioners who
are involved with financial arrangements between referral
sources, including financial arrangements between referring
physicians, hospitals, and other medical providers.
Faculty
The Healthcare Valuation and Consulting Workshop
includes Curtis Bernstein, CPA, ABV, CVA, ASA;
Chris Carnahan, CPA, CVA; Cindy Collier, CPA, ABV, CVA, CMPE,
CPHIT, CFF; Gabriel Imperato; J. David Robeson, AVA, ASA;
Richard Romero, AVA, MBA, CHFP, PAHM; Tim Smith, CPA, ABV;
Daniel Stech, MBA, CMPE; and Robert Wade, JD.
Where and When
2013 Dates
Location
Early Registration
Discounts and Deadlines
10%
5%
October 8–11
Chicago, IL
7/31
8/31
December 10–13
Las Vegas, NV
10/31
11/30
This course
requires a laptop. In-house training is available with
minimum attendance. Contact CTI’s Education Director at
(800) 677-2009 to inquire.
To register: print, complete, and mail or
fax (801-486-7500) the Registration Form to the Consultants’
Training Institute (c/o NACVA); or complete the Registration
Form and e-mail to
info@theCTI.com; or call Member Services: (800) 677-2009.
Click here for the Registration Form.
Cancellation Policy
There is no
charge to re-schedule training. Cancellations received in
writing two weeks prior to the first day of the seminar will be
eligible for a prompt refund.
A $100 administration fee will be charged for three or more
day’s registration at a Consultants’ Training Institute and $50
for all other seminar registrations.
Cancellations received less than two weeks prior to the first
day of the scheduled event (and no-shows) will be issued, upon request, a
credit which may be used toward a Consultants’ Training
Institute seminar, conference, self-study course, software, or
product sold by NACVA. There are no exceptions to this policy.
For information regarding administrative policies such as
complaints and refunds, call our director of Member Services:
(801) 486-0600.
For more information regarding CPE, Program Levels and Fields
of Study please
click here.
NASBA Sponsorship
The Consultants’ Training Institute (CTI) is registered with the
National Association of State Boards of Accountancy (NASBA) as a
sponsor of continuing professional education on the National
Registry of CPE Sponsors. State boards of accountancy have final
authority on the acceptance of individual courses for CPE
credit. Complaints regarding registered sponsors may be
submitted to the National Registry of CPE Sponsors through its
website: www.learningmarket.org.