Nicholas J. Janiga | Manager
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HealthCare Appraisers, Inc. TEL: (303) 688-0700 |
Mr. Janiga has significant financial advisory experience in business valuation, litigation support, financial analysis, operational analysis and the analysis of compensation arrangements. This experience includes working with ambulatory surgery centers, diagnostic imaging centers, physician practices, hospital systems, hospital departments, patent holding companies and other healthcare entities.
Prior to joining HealthCare Appraisers, Mr. Janiga was with Adamy Valuation Advisors, a boutique business valuation and litigation support firm located in Grand Rapids, Michigan. Mr. Janiga also worked with Stout Risius Ross’ Valuation and Financial Opinions practice where he focused on valuation engagements for large private and publicly traded entities.
Mr. Janiga earned a Bachelor of Business Administration degree from the Seidman College of Business at Grand Valley State University, dual majoring in finance and economics, with a minor in accounting. He is currently pursuing the Chartered Financial Analyst (CFA) designation, as well as pursuing the designation of Accredited Senior Appraiser (ASA) in business valuation from the American Society of Appraisers.
Practice Areas
Mr. Janiga is involved in all aspects of healthcare valuation analysis, including:
- Valuation for mergers and acquisitions
- Valuation for shareholder buy-in/buy-out
- Stock options and warrants
- Intangible assets, including certificates of need, non-compete agreements and patents
- Valuation for financial reporting
- Physician employment agreements
- Medical director/thought leader compensation
- Marital dissolution
- Shareholder disputes
- Litigation support
Education
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Seidman College of Business, Grand Valley State University, BBA
Majors: Finance and Economics | Minor: Accounting
Prior Professional Affiliations
- Analyst, Adamy Valuation Advisors
- Analyst, Stout Risius Ross
Publications and Presentations
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11 Common Ailments with Physician Practice Valuation. (Co-author with Jason L. Ruchaber, CFA, ASA) Becker’s Hospital Review, (Web edition) December 29, 2011.
Appraisal and Professional Education
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Completed the class and exam for the American Society of Appraisers’ 30-hour course, BV204: Advanced Topics in Business Valuation (January 2012)
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Completed the class and exam for the American Society of Appraisers’ 30-hour course, BV202: Introduction to Business Valuation Part II (October 2011)
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Completed the exam for the American Society of Appraisers’ 15-hour course, SE100: Uniform Standards of Professional Appraisal Practice (“USPAP”) (August 2011)
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Completed the class and exam for the American Society of Appraisers’ 30-hour course, BV201: Introduction to Business Valuation Part I (January 2011)
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Completed the American Society of Appraisers’ Ethics Exam (September 2010)
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Completed Level 1 of the Chartered Financial Analyst program (June 2008)


