Tim Smith is the Director of Professional Practice for HealthCare Appraisers, Inc. His prior experience includes working for more than 14 years at Hospital Corporation of America, Inc. (HCA), the nation’s largest hospital company. During his tenure at HCA, he performed regulatory compliance reviews and evaluations on hundreds of third-party appraisals that were prepared by nearly two dozen appraisal firms for business and asset acquisitions and divestitures, service contracts, leasing agreements, and other forms of compensation arrangements.  Tim was also the chief architect of HCA’s qualification review process and uniform scope and engagement requirements for third-party appraisers. His HCA experience also included managing contractual negotiations, due diligence, and the outside appraisal process for hundreds of physician practice acquisitions and divestitures.

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Practice Areas

Tim is involved in numerous types of healthcare valuation analysis, including:

• Medical director/thought leader compensation
• Compensated call coverage
• Physician employment arrangements
• Service, management and independent contractor agreements
• Equipment use (and “per use”) arrangements

• Certified Public Accountant – licensed in Texas and Oklahoma*
• Accredited in Business Valuation (ABV), American Institute of Certified Public Accountants (AICPA)*

Prior Professional Affiliations

• HCA Physician Services, Dallas, TX, Manager of Development
• Hitachi Computer Products (America), Inc., Norman, OK, General Accounting Manager
• Arthur Andersen & Company,  Oklahoma City, OK

Education

• University of Dallas, Ph.D. student, Political Philosophy
• University of Dallas, Master of Politics
• University of Oklahoma, Bachelor of Business Administration in Accounting

Publications and Presentations

• Co-presenter with Robert Wade, Partner, Baker & Daniels – Avoiding Fair Market Value Pitfalls, HCCA Compliance Institute 2010, Dallas, TX, April 19, 2010.

• Presentation – Physician Compensation: You Get What You Pay For. AICPA National Healthcare Industry Conference, Scottsdale, AZ, September 25, 2009.
  
  
• Teleconference featuring Timothy R. Smith, CPA/ABV – BVR's Teleconference Series on Healthcare Valuation (#2 of 3). Business Valuation Resources, June 23, 2009.

• Presentation by Timothy R. Smith, CPA/ABV – Establishing FMV for Healthcare Compensation Arrangements. Florida Institute of CPA’s (FICPA) Health Care Industry Conference, Orlando, FL, April 23-24, 2009.
  

• Fair Market Value: Ensuring Compliance within the Life Sciences Industry (with Ann S. Brandt, PhD and Jason L. Ruchaber, CFA, ASA - Managers, HealthCare Appraisers, Inc.), BVR’s Guide to Healthcare Valuation 2009 Edition, Business Valuation Resources, LLC, November, 2008.

• Valuing Medical Director Services (with Andrea M. Ferrari, JD, MPH - Senior Associate, HealthCare Appraisers, Inc.), BVR’s Guide to Healthcare Valuation 2009 Edition, Business Valuation Resources, LLC, November, 2008.

• Presenter - Working with Consultants – Part 1: Valuation Consultants (with Daryl P. Johnson, Principal, HealthCare Appraisers, Inc. & Gregory M. Luce, Jones Day), Teleconference American Health Lawyers Association,  April 23, 2008.

• Presenter - Three Key Valuation Issues in Fee-per-Use Facility/Equipment Leasing Arrangements, HCA Valuators Symposium, May 24, 2005, Nashville, TN.

* HealthCare Appraisers is not a CPA firm.