Pinnacle
Healthcare Consulting's Services
Healthcare
Business Valuations for Buy-Sell and Joint Venture (JV)
Transactions:
 Pinnacle
provides valuations services to support transactional
healthcare fair market value (FMV)
requirements.
The market value is determined by process which includes:
Document
Reviews
In-Depth
Financial Modeling
Operational
/ Management Interviews
Market
Analysis.
Our
knowledge of healthcare adds valuable insight to the risks
and benefits of a sale or acquisition
providing
the facts necessary for an informed transaction.
Fair Market
Value Opinion Letters:
For
more than 15 years, Pinnacle consultants have been assisting
hospitals, physician groups and other
provider
organizations evaluate the appropriateness of contracting
terms and other aspects of health business
ventures.
Pinnacle is commonly recommended by legal counsel to their
clients in an effort to gain more
assurance
regarding the reasonableness of deal terms embedded within
strategic initiatives. As new, unique
or
more complex situations arise, Pinnacle is often asked to
provide market intelligence critical to business
development
and project analysis.
FMV
consulting engagements are highly varied, but more typical
projects include reviews and analysis of:
Compensation for
highly specialized physicians
De Novo and renewal
of employment, medical director and call arrangements
Specialty stipend,
hospital specialty coverage arrangements
Physician
compensation plan methodologies
Block lease terms
Joint venture, under
arrangement and integration projects
Management service
programs for independent physicians
Business valuations
for practice acquisition / divestiture, and
The spectrum of
physician hospital collaborations requiring FMV analysis for compliance.
FMV
Program & Workbook - Now Available
(3/1/2007)
When contracting with physicians, a key element of risk
management for hospitals is the determination of
fair market value (FMV).
There are different approaches that can be used to identify fair market
compensation, and Pinnacle has developed a comprehensive program to leverage
both published data
and market comparable methods. Program elements
include:
▪FMV
Reference Tool (Workbook),
▪An
Information Exchange Network, and
▪Focused
Consulting.
The centerpiece
of the program is the FMV workbook.
Pinnacle has found that over 60% of contracts
for
medical directorships or on-call arrangements can be established by
following a standard formula-based
approach. This method requires
knowledge of the physician market and an investment in various data
sources, but less extensive analysis of market conditions and other
factors to derive commercially
reasonable compensation / payment rates.
Consequently, Pinnacle has developed an FMV Workbook
that can save
hospitals tens of thousands of dollars in consulting fees every year.
>>
Visit
www.PhysicianFMV.com to learn more about Pinnacle's FMV Program
Operational
and Financial Analysis:
Pinnacle
assists hospitals and physicians by providing performance improvement
services that focus on
improving
operational and financial performance through in-depth analysis and
modeling.
Strategic
and Market
Analysis:
Well
thought out strategies and a thorough knowledge of one's business environment are
the foundations
of
a successful business. Pinnacle assists hospitals and physician
practices in developing innovative,
healthy
strategies to improve performance and business development.
Medical Procedure Coding
Analysis:
Billing
and collections are the lifelines of medical practices.
These functions are often the most difficult
processes
for healthcare organizations to effectively monitor and
manage. At Pinnacle, we can help you
review
your processes, technology, personnel
and performance to determine if you are accurately
capturing
available reimbursement. Our audit team, consisting of
MHA's, MBA's, CPC's and technology
experts
will review your processes, scoring over 150 process and
technology factors. In addition we
evaluate
your performance and provide recommendations that will allow
you to implement effective
changes
into your organization. Our audits allow you to
improve your revenue, providing tangible benefits
to
your organization.
Special Projects Consulting:
Pinnacle
can serve as an extension of your senior management team to provide expert
healthcare
business
planning or project based decision support. We have expertise with:
Healthcare
Appraisal / Valuation (Renal Dialysis, Radiology, ASCs, Physician Practices,
etc.)
Medical
Director Agreement and Management Arrangement FMV Report Letters
Health
Services Market Research
Strategic
Planning Services for Physician Organizations
Healthcare
Data Pricing
Telemedicine
and More.
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