Hospitals and health systems nationwide embarked on a significant buying spree of physician practices over the last few years. Behind those 30,000-plus acquisitions are thousands of valuations, a key part of the process that is required by law. Here, a team of experts from Principle Valuation, a member of Prism Healthcare Partners, shares 14 key… Read More
Becker’s Hospital Review connected with Prism Healthcare Partners on the most pressing issues for hospital and health system executives to address this year. Read on for recommendations from Ramona (Lacy) Fowler, Timothy Baker and Jan van Londen on priorities for supply chain and asset relifing.
Hospitals can incur significant savings – averaging $2 million for an individual hospital to $50 million for a hospital system – through “asset relifing,” the process of reassessing the depreciation of assets. Timothy Baker and John Holmes of Principle Valuation, a Member of Prism Healthcare Partners, discuss the financial benefits of relifing and how many… Read More