Medical Equipment Appraisals
Nationwide 24 Hour Onsite Appraisals
I specialize in the appraisal of medical equipment primarily for use by regional healthcare organizations as part of medical practice acquisitions. Medical equipment appraisals are also provided for the purposes of allocation of cost, asset based financing, buy/sell agreements, estate and income tax planning, lease structuring and transactions, etc.
Appraisals that are accomplished for acquisition purposes are typically prepared on the basis of Fair Market Value in Continued Use. Fair Market Value in Continued Use is defined as the anticipated selling price which would be agreed upon between a willing buyer and a willing seller for all items under prevailing market conditions and including transportation and installation. The definition further presumes that neither party is considered to be under duress and both parties are assumed to be knowledgeable and aware of all relevant facts affecting the selling price. No warranties or guarantees are assumed to be provided by the seller and all items are sold on an “as is” basis. It is assumed the subject equipment would continue to be operated at its present site and that the business earnings support the concluded value.
My expertise spans from private practice to multi-physician practices to hospitals.