Healthcare Advisory Partners Answers Questions Asked at NAHC Annual Meeting LOS ANGELES, CA--(Marketwire - 10/23/09) - The following program was presented at the
28th Annual Meeting and Exposition of the National
Association for Home Care and Hospice (NAHC) in Los
Angeles, CA on October 12th, 2009 by Jack
Eskenazi, Jr. of Healthcare
Advisory Partners and Brian
Bruenderman of ResCare,
Inc. (NASDAQ:RSCR - News). Homecare Valuations in the Real World: Putting Theory into Practice Program Objectives 1. Describe Key Value Drivers that Impact Homecare Valuations 2. Explain the Capitalization of Earnings Method of Valuation 3. Demonstrate the Capitalization of Earnings Method through Case Studies Top Ten Questions Asked and Answered 1) Q: How can we calculate Enterprise Value if we don't have EBITDA? A: Within the context of other value drivers like business mix and management depth, EBITDA and Gross Margin are the most important financial variables that impact Enterprise Value. In the absence of READ MORE 2) Q: Where can we find comparable sales to help estimate Enterprise Value? A: Because most transactions are not publicly reported, there is no authoritative source for comparative data. Classified websites list dozens of healthcare firms, but they provide zero operational, financial, or historical transactional data. What few transactions are publicly reported READ MORE 3) Q: Given current market conditions, are buyers still interested in providers who predominantly bill Medicare and Medicaid? A: Yes. Due to market fundamentals associated with demographic trends, many buyers are capitalizing on short term uncertainty in preparation for long term growth. READ MORE About Healthcare Advisory Partners: Healthcare Advisory Partners is a leading mergers & acquisitions advisory firm that specializes in the healthcare services industry. We are a multidimensional firm offering a suite of complementary services to middle market healthcare providers. Not only do we provide sell side and buy side representation, but we also offer dedicated search services, valuation services, and access to corporate finance, as well as management consulting services including non-transactional M&A advisory, expert witness services, and fairness opinions. Contact:
Source: Healthcare Advisory Partners
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