Adding new clinics and hospitals to a growing regional chain can increase revenue and balance revenue stream even in economic downturns. The disadvantage is the risk of overpaying for an outdated and poor earning facility. While there is a humanitarian side of medicine, any facility that requires renovations and upgrades should be pressed for a lower price. This inevitably contributes to cost efficiency for patients.
Christopher Evans is an experienced professional who has practiced hospital valuation and appraisals for 30 years. The principle advantage to employing this merger consultant is his experience that stems back to the very beginning of healthcare consolidation. Hospitals operate like businesses, and their value as cash assets should be appraised accordingly.
Early mergers were based on the calculated value of the building and equipment and size of the staff, but this is only part of the story. Healthcare is an increasingly competitive industry. Private clinics operated by one or two doctors are becoming ubiquitous. Analyzing market trends, patient volume changes, and the need for renovations impacts the value of any industrial facility.
The accounting efficiency applied to the broader world of business is now applied to hospital appraisal. Local hospitals no longer have monopolies and must rein in costs. Buyers should always press for the best deal possible, because estimated expenses should always factor into the intrinsic value of an asset. Christopher Evans is a powerful advocate for both buyers and sellers who need to protect their net worth.
This firm acts as an expert witness. Large mergers, especially where public services are at stake, are expensive enough as a legal issue. If the value of a clinic is in doubt and must be settled in court, then Christopher Evans knows how to press the point like a professional. His analysis is not biased in favor of the client, but is thorough, accurate and is spoken with enough authority to convince judges.
Experience carries weight, because lawyers and other accountants respect his opinion. His service goes beyond hospital appraisal and provides impressive insight into market strategy. He can recommend the amount of money to be spent on renovations and new equipment according to projected cash flow. His legacy of successful analysis is the reason why he continues to be a sought after commodity. For profitability and value protection, contact Chris Evans today.