Hospital and Healthcare Property Appraisal & Consulting

Friday May 9, 2008

Hospital and Healthcare Property Appraisal and Consulting

Toll-Free: (800) 262-7044

hospitalappraisal.com

	Mr. Poteet holds the MAI designation – the highest professional appraisal designation awarded by the Appraisal Institute.
	Mr. Poteet also holds the ASA designation – the highest professional appraisal designation awarded by the American Society of Appraisers.
	He has completed hospital property valuation projects for some of the largest Wall Street healthcare companies in the United States - such services provided directly or on behalf of agents or attorneys representing such hospital corporations. Such projects frequently involve litigation or potential litigation. In that regard, Mr. Poteet is experienced in providing expert testimony in medical property valuation matters involving many millions of dollars.

Experienced in litigation matters, he is frequently called upon to provide litigation support on complex valuation issues. Healthcare property litigation projects have ranged from medical property devaluation arising from CON loss to property tax assessment litigation related to for-profit hospitals. On hospital property tax assessment issues, Mr. Poteet has experience working for government tax assessment authorities – as well as for-profit hospital taxpayers.

Mr. Poteet is experienced in providing hospital appraisal review and hospital appraisal services on behalf of the Federal Government – U.S. Office of Insured Healthcare Facilities (HUD). He has advised other government entities (property taxation authorities) as to the impact of Federal government policy on hospital operating margins on a National, regional, state and local basis. He has also presented testimony before government forums in regard to changing healthcare delivery methods, such as the increasing emphasis on outpatient care.

He consults for banks and other financing entities involved in the healthcare field. Although investors/lenders often desire appraisals of hard assets (real property and tangible personal property – furniture, fixtures, and equipment), Mr. Poteet has extensive experience in developing hard asset valuations within the context of the greater ongoing concern hospital operation – and frequently provides valuations of the greater ongoing concern hospital enterprise.

Hospital Properties Valuation and Consulting

As to ongoing concern hospital operations, Jack Randal Poteet, MAI, ASA is experienced in providing operational analyses and assessments as a basis to identify market opportunities and potential performance for strategic planning and cash flow forecasting. Access to in-house operational and statistical database resources for all hospitals in the United States provides us with a competitive advantage in assessing hospitals in relation to peer hospital operations. And in-house sales data for ongoing concern hospitals nationwide provides direct evidence of market pricing for overall going concern hospitals, including business value. Discounted cash flow models developed by Mr. Poteet are state-of-the-art and include the ability to segregate cash flows and allocate value between inpatient vs. outpatient resources – and among real property, tangible personal property, and intangible personal property operational components of hospitals.

He has provided insurance appraisals pertaining to a wide array of healthcare properties including hospitals, clinics, medical office facilities, nursing homes, assisted living facilities, etc. These insurance appraisals provide detailed replacement cost documentation to assist insurance executives and their healthcare clients ensure that insurance coverage and related insurance costs are reasonable.

Mr. Poteet also provides hospital feasibility; highest and best use; transitional use; and proposed project cost studies. Although Mr. Poteet offers specialization in the healthcare field, such specialization does not limit Mr. Poteet’s capabilities or activities in addressing a diversified array of other complex properties. And, such diversified appraisal skills are fundamental to alternative use analyses applicable to hospitals facing transitional use issues as well as hospitals having diversified realty in portfolio.