Case Studies

Healthcare Finance Setting

C.A.S.E. #1

  • Advised hospital system management on effectiveness of interest rate swaps on existing debt.
  • Provided insight into costs of capital in acquisition of specialty medical practices.
  • Advised hospital system management on sale/leaseback of medical office buildings.

C.A.S.E. #2

  • Advised management of a Physician Hospital Organization (PHO) on new stock offering.
  • Determined value of stock and stock split adjustments for existing shareholders.
  • Worked with legal counsel on the appropriate stock buyback formula for the operating agreement.

C.A.S.E. #3

  • Used A.Q.U.A. ® (Pat. Pend.) in analysis of dividend policy, growth capitalization and share buyback formula analysis for outpatient surgical centers.
  • Assumptions under previously existing Fair Market Value opinion deemed unattainable (terminal value not realistic based on risk metrics).
  • Also determined marginal value of CON acquisition.