TAMPA, Fla., Nov. 29, 2017 /PRNewswire/ -- Carnahan Group and Certified Asset Appraisals have partnered to provide the most comprehensive business valuations in the healthcare industry. With healthcare merger and acquisition ("M&A") activity increasing, a corresponding demand for business valuations has been established. By performing an inventory of fixed assets and a business valuation in tandem, these companies offer an efficient and cost-effective solution for determining a healthcare organization's fair market value.
"A thorough inventory and valuation of assets provides great insight into an entity's value. When performing a business valuation for our clients, we do it right. This is why we brought Certified Asset Appraisals into our process," says Chris Carnahan, President of Carnahan Group.
Often, asset listings and depreciation tables are outdated and inaccurately reflect what an organization owns. Over time, tangible assets and equipment are replaced or removed and these changes aren't tracked. This process is difficult to complete internally because it requires a consistent methodology and knowledge of the sophisticated equipment owned by medical facilities.
"It is estimated that one third of organizations don't know what assets they own or where those assets are located, and nearly two thirds of the information residing in asset lists and depreciation schedules is inaccurate. Our staff takes inventory quickly and accurately to conduct thorough valuations. This is where the relationship between Carnahan Group and Certified Asset Appraisals can really pay dividends for clients," says Ken Fancolly, President of Certified Asset Appraisals.
About Carnahan Group: Carnahan Group, Inc. is a healthcare technology firm that uses game-changing technology to drive compliance and cost reductions for some of the world's largest healthcare organizations. Since 2002, Carnahan Group has served the healthcare industry by providing fair market valuations on physician compensation and businesses, as well as conducting Community Needs Assessments and Community Health Needs Assessments.
About Certified Asset Appraisals: Certified Asset Appraisals has been conducting comprehensive asset inventory services and valuations throughout the United States for over 20 years. They specialize in inventories of hospitals, medical clinics, surgery centers, laboratories, and more. They provide clients with the critical information they need to make decisions regarding the sale or purchase of a medical practice, partner buy-out, merger or acquisition, and/or loans and financing.
CONTACT: Morgan Falcon, 1-813-289-2588, [email protected]
SOURCE Carnahan Group, Inc.
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