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The Imperative of Considering the Concept of Highest and Best Use in Healthcare Valuation

 The Imperative of Considering the Concept of Highest and Best Use in Healthcare Valuation
CPE Credit

Program Type: VideoCast (Audio,Video, PPT Presentation)
Program Level: Intermediate
Prerequisites: Previous training or research on subject matter being taught.
Advanced Preparation: None
Delivery Method: Group Internet-Based
CPE Credits: Three (3) Hours
Fields of Study: Economics
Item Number: 15PHCFTL09A
Shipping Weight: 0lbs. 0oz.
Price: $140.00
Program Description

A thorough understanding of financial valuation concepts is a requisite foundation for a well-reasoned and defensible valuation analysis. The valuation standard requires the determination of the standard of value, as well as the premise of value for each engagement. Due to various regulatory edicts, the standard of value in the healthcare industry is Fair Market Value. However, the selection of the premise of value, i.e., an assumption further defining the standard of value to be used, should be driven by the concept of highest and best use.

Learning Objectives

After completing this session, attendees will be able to:

- Articulate the importance of the consideration of the concept of highest and best use in selecting the appropriate value premise
- Develop a firm understanding of how the selection of the premise of value impacts valuation results
- Identify a circumstance in which the highest and best use called for a change in the premise of value

Who Should Attend

Appraisers, healthcare consultants, attorneys, hospital and health system c-suite executives (e.g., CEOs, CFO, COO)


Todd A. Zigrang, MBA, MHA, FACHE, ASA
Mr. Todd A. Zigrang is President of HEALTH CAPITAL CONSULTANTS, where he has over 20 years of experience in the areas of valuation and financial analysis for hospitals, physician practices, and other healthcare enterprises.

Mr. Zigrang is the co-author of the soon-to-be released “Adviser’s Guide to Healthcare – 2nd Edition” (AICPA, 2015), numerous chapters in legal treatises and anthologies, and peer-reviewed and industry articles such as: The Accountant’s Business Manual (AICPA); The ACO Handbook (AHLA); Valuing Professional Practices and Licenses (Aspen Publishers); Valuation Strategies; Business Appraisal Practice; and, NACVA QuickRead.
Mr. Zigrang is a Fellow of the American College of Healthcare Executives (FACHE) and holds the Accredited Senior Appraiser (ASA) designation from the American Society of Appraisers, where he is Chair of the ASA Healthcare Special Interest Group (HSIG).