Forensic Accountant Simplifies Physical Therapy Financials and Deal Structures with Marshall Sterman

20/07/2022 30 min Episodio 27
Forensic Accountant Simplifies Physical Therapy Financials and Deal Structures with Marshall Sterman

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Episode Synopsis

Are you a private practice owner, who is confused on how to value your company based on your financial statements? What metrics do you need to consider in order to bring value to your company in the eyes of the future buyer?This week's Dave Kittle Show episode, Dave Kittle will be joined by Marshall Sterman. Marshall is a forensic accountant and board member with The Fieldmaker Group as well as the CEO of HMS ADVISORS LLC - a multi-disciplinary firm providing financial, accounting and strategic advisory services in New York City. During his 25 years as a partner in a large middle-market accounting firm, he regularly advised CEOs, CFOs and other senior managers at companies, financial institutions and investors across a broad spectrum of industries on a myriad of strategic, financial, accounting and operational questions and problems with the objective of improving their business in terms of strategic planning, value creation, financing, revenue generation, cost controls, risk management, internal controls, profitability and growth.We will touch on such topics as:How to value your company based on your financial statement?Your business worth can be determined by using financial tools which help to assess the value of your company.Your business isn't worth what you sell it for, it is worth the value that the buyer assigns to all of the inputs (the capital, equipment, inventory, employees, etc.)Seeing the value of healthcare as a patient, and taking it as an opportunity for his career growthWhat does EBITDA look like in different private practices?Most business owners use EBITDA or Net Profit to evaluate/analyze the worth of their own practice and then typically focus on the wrong metrics.The performance of the business’s financial statement influences the demand for sales and investment decisions and also indicates the level of managerial efficiency. P.S. Subscribe, rate, and review HereAnd, if you like what you hear from the host, Dave Kittle, then it's possible that he and his team, The Fieldmaker Group, may be interested in acquiring some or all of your physical therapy practice.Connect with him on:Email: [email protected]: @davekittleLinkedIn: https://www.linkedin.com/in/davekittle/orCall (646)-781-8884 Hosted on Acast. See acast.com/privacy for more information.