Regulatory Compliance/Physician Services Projects

Referral Source Compliance

  • Business enterprise valuation of a 15-physician pediatric practice for potential acquisition by a hospital system, including the analysis of compensation and a “black box” analysis of the insurance plan rates for the practice versus the hospital
  • Stockholders’ equity valuation of a surgery center owned as a joint venture between physicians and the hospital system for potential purchase by the hospital system
  • PSA valuation of ED staffing arrangement providing staffing and system ED Director to regional hospital system

For more information on Referral Source Compliance, click here.

Physician Compensation and Service Arrangement Studies

  • Compensation study of 14-physician cardiology practice under two-tier compensation structure under several break-even Stark compliant scenarios
  • PSA  valuation of ED staffing arrangement that provides staffing and system ED Director to regional hospital system
  • Fair market rent analysis of the lease arrangement for provision of space and equipment utilization for MRI suite for a regional hospital
  • Surgery center management agreement study to determine a reasonable range of compensation as a percent of revenue for the services provided
  • Fair market rent analysis for NeuroMeg system owned by a hospital system interested in leasing it to third parties

For more information on Physician Compensation and Service Arrangement Studies, click here.

Physician Practice Valuations

  • Valuation of the electronic medical records of an internal medicine physician practice for acquisition by a hospital system
  • Valuation of the equipment of a medical practice to be acquired by a hospital system
  • Business enterprise valuation of a physical therapy practice with five physical therapists and two occupational therapists for acquisition by a health system
  • Valuation of a neurosurgical manual for acquisition by a health system in conjunction with the acquisition of the physician practice
  • Business enterprise valuation of a physician practice with an obstetrician/gynecologist and a pediatric physician for potential purchase by a hospital
  • Review of a valuation report for a hospital looking to acquire a medical practice based on a valuation prepared for the five-physician pulmonary and critical care medical practice

For more information on Physician Practice Valuations, click here.

To view this as a PDF, click here.

Our clients have used Principle Valuation for valuations for purchase and sale transactions, compensation relationships, and support for tax purposes. They do straightforward and intelligent work, and are very responsive.

Scott Becker, Partner, McGuire Woods

We selected Principle because of their experience and reputation in the market. They are very knowledgeable about the industry, and particularly HUD financing. They were very thorough and hit their deadlines. Their appraisal went through HUD with no issues, which also made the borrower very happy.

Ken Buchanan, Senior Vice President and Chief Underwriter (Eastern Region), Walker Dunlop

Principle Valuation provides excellent valuations for ongoing healthcare enterprises, as well as placing values on the individual assets. They are very timely, reliable, have a solid understanding of the regulatory implications of their work, and are authoritative in the way they present their information.

Mike Anthony, Partner, McDermott, Will & Emery

Principle Valuation is far superior to any other valuation firm we have worked with. They are knowledgeable about businesses, real estate and equipment. And their reports are always right the first time.

Ken Doran, President and CEO, Spectrum Heatlh Partners


190 South La Salle Street, Suite 2900
Chicago, IL 60603