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Healthcare Industry—Trends, Analysis, and its Impact on Valuations

 Healthcare Industry—Trends, Analysis, and its Impact on Valuations
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: Two (2) Hours
Fields of Study: Accounting
Item Number: 16PHCLVG1206
Shipping Weight: 0lbs. 0oz.
Price: $110.00
Program Description

From a profit perspective, in 2015 the healthcare sector generated earnings per share growth well ahead of the growth of other sectors, whereas the broader index had a 1.0% decrease. The sector’s fundamentals have been improving, and expectations are strong for continued profitability. Because there are many fast-growing smaller companies in the healthcare sector, it is essential to understand how the industry operates, how to incorporate a company in the appropriate industry or sub-industry classification, and how to analyze a company in that industry. The CVAs who perform valuations in any healthcare sub segment must develop a valuation report for the client that identifies all the significant variables. This must be done with a clear understanding that these sectors and companies have very different risk profiles. Therefore, each company has a very different access to capital and a different cost of capital. The industry level data, observations, and analysis are presented in an ordered fashion where the cumulative insights flow in a decision-supportive progression. Specifically, the progression moves from revenue trends and profit margins, to earnings growth, to leverage and valuation—with a direct impact on a better financial and investment perspective.

Learning Objectives:

After completing this webinar, attendees will be able to:

- Explain the healthcare industry trends and how the industry operates within a highly regulated environment
- Recognize how to analyze a company in this industry
- Determine how to capture the factors that contribute to the healthcare industry risks, as well as company specific factors, specific to healthcare companies
- Summarize why the fair market value standard is a little different than for other non-healthcare firms
- Recognize common pitfalls in projecting cash flows and how to better forecast the cost of capital

Who Should Attend

Financial professionals


Octavian Ionici, PhD, CVA
Dr. Octavian Ionici is an Executive-in-Residence Professor of Finance at American University’s Kogod School of Business in Washington, DC. He teaches Financial Modeling, Company Valuation, Real Estate Financial Modeling, and Investment Banking courses at the graduate level. His research interests cover all areas of finance, in particular financial modeling, corporate valuation, and real options. He also specializes in conducting training seminars on using Bloomberg, Thomson Reuters, and @Risk for financial modeling and simulation-based risk analysis. Dr. Ionici combines a unique set of skills and competencies revolving around developing financial models, preparing industry analysis and economic outlooks, conducting in-depth company valuations, and identifying best ways for value creation for his clients.