Private Equity Transactions in the Medical/Dental Practice World
September 25, 2019, 11:00am EST
Register for this free, 60-minute webinar from NSCHBC
There is more money chasing medical and dental practices and other healthcare enterprises than at any time in history. Whereas previous consolidations in the industry, such as those that occurred in the 1990s, were led by public companies, Private Equity is taking the lead in the current market. Nonetheless, much of the chatter about valuations can be misleading due to the impact of transaction structure on value and future physician compensation. The course gives you insight into how healthcare appraisers use Private Equity transactions in valuing medical practices and how you can advise your clients or organizations. This webinar will also address various legal and pragmatic aspects of Private Equity deals.
What you will learn:
• Basics of Private Equity firm goals and approaches.
• There is NO value to goodwill unless it generates a cash flow!
• Where does the EBITDA come from?
• How the CPA or financial advisor should approach analysis of an offer.
• The importance of working capital and the many traps for the unwary.
• What is the “platform” and why does it matter?
• The numerous documents [Letter of Intent, Employment Agreement, Asset Purchase Agreement and more] and key terms and importance of each.
• Pragmatic considerations.
Click here to register for this free webinar from NSCHBC presented on September 25th at 11:00am EST
Mark O. Dietrich, CPA, ABV, Mark O. Dietrich, CPA/ABV
Mark makes extensive use of Private Equity transaction facts rather than lore in his healthcare valuation practice. He has taught a number of programs about how to use this data appropriately, noting that (always) "Terms Make the Deal."
Vasilios “Bill” Kalogredis, J.D., CHBCLAMB McERLANE PC
Bill has extensive experience [exclusively dealing with physicians and dentists for over 40 years] in assisting and advising doctors as they evaluate, negotiate and consummate transactions with Private Equity and other “big buyers” of medical and dental practices. This includes addressing the legal, financial and pragmatic aspects.