In this PYA Summer CPE Symposium session, Matt Warren discusses why physician practice value varies by specialty and why no two practices should be evaluated as interchangeable. The session reviews key valuation terms, fair market value, and the asset, income, and market approaches.

The discussion covers practice-specific value drivers, including ancillary services, equipment, payer mix, billing practices, market dynamics, advanced practice provider leverage, related party transactions, physician compensation, buyer motivations, and transaction structure.