ME213-OOO - Valuation Principles to Value Healthcare Facilities & Equipment
Category: Machinery & Technical Specialties
Continuing Education: 24
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.
No prerequisites for this course.
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.