ACMPE Article Assessment - Knock, knock... Who’s there? Considerations for when private equity comes for physician acquisitions

Question Title

1. In this article, the acronym PE refers to: (Required.)

Professional Equality

Private Equity

Private Establishment

Profit Enhancement

Question Title

2. Physicians in __________________employment type arrangements represent the highest percentage of entity structures in the United States. (Required.)

Forecasted earning stream

Corporate entity

Hospital or health system

Private practice

Question Title

3. Mission alignment, community presence, integrated networks and long-term stability, are all key decision-making factors that should be considered by practices when determining their approach to employment structure options. (Required.)

True

False

Question Title

4. The value of a practice is largely derived from their earning stream, which is a function of many factors, including: (Required.)

The training and skillset of the physicians

Payer agreements and revenue cycle management

Operating cost structure and capital infrastructure

All of the above

Question Title

5. Medical practices should consider these key factors when considering a PE offer except: (Required.)

Purchase price and potential offers for comparison

Operational terms

Cost of HIPAA compliance

An evaluation of the PE firm

Question Title

6. Financial statement normalization is the process of modifying financial statements to exclude non-recurring expenses or revenues. (Required.)

True

False

ACMPE Article Assessment - Knock, knock... Who’s there? Considerations for when private equity comes for physician acquisitions

Question Title

* 1. In this article, the acronym PE refers to: (Required.)

Question Title

* 2. Physicians in __________________employment type arrangements represent the highest percentage of entity structures in the United States. (Required.)

Question Title

* 3. Mission alignment, community presence, integrated networks and long-term stability, are all key decision-making factors that should be considered by practices when determining their approach to employment structure options. (Required.)

Question Title

* 4. The value of a practice is largely derived from their earning stream, which is a function of many factors, including: (Required.)

Question Title

* 5. Medical practices should consider these key factors when considering a PE offer except: (Required.)

Question Title

* 6. Financial statement normalization is the process of modifying financial statements to exclude non-recurring expenses or revenues. (Required.)

1. In this article, the acronym PE refers to: (Required.)

2. Physicians in __________________employment type arrangements represent the highest percentage of entity structures in the United States. (Required.)

3. Mission alignment, community presence, integrated networks and long-term stability, are all key decision-making factors that should be considered by practices when determining their approach to employment structure options. (Required.)

4. The value of a practice is largely derived from their earning stream, which is a function of many factors, including: (Required.)

5. Medical practices should consider these key factors when considering a PE offer except: (Required.)

6. Financial statement normalization is the process of modifying financial statements to exclude non-recurring expenses or revenues. (Required.)