ME213-OOO - Valuation Principles to Value Healthcare Facilities & Equipment

Registration

Please see the "Upcoming Classes" tab for class offerings and registration information.

Course Description

This course will address healthcare challenges, legal issues, and terminology pertinent to this industry. Subject matter will include classification and detail descriptions of major assets using pricing models and vendor resources. Issues such as reimbursement, leasing topics, and TVM exercises will compliment specific modalities used for internal decision purposes.

This course requires students to have understanding of basic concepts taught in ME201-ME203.

Course Audience

Generalist MTS appraisers, healthcare analysts and end users, leasing & financial firms, and stakeholders.

Instructor Information

Jack Beckwith , ASA, CEA | President | EAGI

Mr. Beckwith’s professional career began in 1976 when he began distributing new and refurbished medical equipment to the healthcare industry in the U.S., Mexico and Europe. He owned and operated Mission Medical which had several locations throughout Texas and Mexico.  In 1996, he sold Mission Medical and entered the appraisal field full time and received his ASA designation. Before writing ME213, he has been teaching the MTS principle of valuation courses throughout the United States, Japan, and Saudi Arabia.  Mr. Beckwith serves as the ASA representative to the International Valuation Standards Council based in London. Prior to beginning his professional career, Mr. Beckwith earned his BBA at the University of Texas, served on the University of Incarnate Word Nursing Advisory Board and is currently serving on the Advisory Board for Boerne YMCA and the Kronkosky Place Senior Center.

Agenda

The following topics are covered in this course:

• Challenges
• Legal Issues
• Terminology
• Types of facilities
• Classifying and analyzing assets
• Valuation Issues
• Due Diligence
• Scope of work
• Pricing tools
• Reimbursement
• Asset description
• Specific diagnostic modalities
• Vendor resources
• Leasing topics
• Bridging IVS and USPAP report writing

Learning Outcomes

Upon completion of this course, students will be able to:

• Present an overview of the basic healthcare systems;
• Review medical terminology, legal and reimbursement challenges, and proper pricing tools;
• Identify specific diagnostic modalities and their important features;
• Determine values using the market, cost, and income approach;
• Calculate residual values; and
• Utilize this information for report writing for IVS or USPAP compliance.