Fees
What a healthcare business valuation costs
HPNA charges a fixed fee. Which fee applies depends on what the valuation is for and on the annual revenue of the business being valued. The fee is agreed in writing before any work starts and does not change with the conclusion we reach. Fees are quoted plus GST.
Fee schedule
Two tiers, priced by revenue
The tier is set by what the valuation is for. Within the two report tiers, the fee is then set by the size of the business. Bands are set on annual revenue. A business sitting exactly on a boundary pays the lower fee.
Valuation report
A full independent valuation with a written report suitable for its stated purpose: a sale or purchase, a buy-in or buy-out, succession, an internal transaction, a tax matter or a restructure.
Most engagements. This is the standard product.
Up to $2 million
$1,495plus GST
$2 million to $3 million
$2,495plus GST
$3 million to $10 million
$3,495plus GST
Above $10 million
Quoted in writing
A fixed fee quoted in writing before work starts.
Expert report
A valuation prepared where another party will test the conclusion: a shareholder or partnership dispute, an expert determination or another contested matter outside family law. It carries the duties owed to a court where HPNA is instructed as a single expert.
Matters running through lawyers, where the report will be read by the other side.
Family law matters, including property settlements and mediation, go to our dedicated family law practice, Family Law Valuations.
Up to $10 million
$4,495plus GST
Above $10 million
$16,950plus GST
Healthcare practices often run across more than one entity: a practice company, a service entity that holds the lease and staff, and a trust that receives distributions. The first entity is included. Each additional entity that has to be analysed is charged at $795 plus GST, agreed in the engagement before work starts.
The fee is never contingent on the valuation conclusion. That independence is what allows the report to be relied on by the other side of a transaction, by a court or by the Australian Taxation Office.
Worked examples
How the bands apply
Each row applies the band rule to a revenue figure, in both report tiers. They illustrate the arithmetic, not what businesses in these sectors typically earn. All fees plus GST.
| Business | Annual revenue | Valuation report | Expert report |
|---|---|---|---|
| Psychology practiceA sole practitioner with a small admin team | $350,000 | $1,495 | $4,495 |
| Physiotherapy practiceA clinic with three therapists | $900,000 | $1,495 | $4,495 |
| General practiceA four doctor practice with nursing staff | $2,400,000 | $2,495 | $4,495 |
| Dental practiceExactly on a boundary, so the lower fee applies | $2,000,000 | $1,495 | $4,495 |
| Community pharmacyA single approval with front of shop trade | $6,500,000 | $3,495 | $4,495 |
| NDIS providerA multi-site provider across several support types | $14,000,000 | Quoted in writing | $16,950 |
By sector
What a valuation costs in your sector
The schedule is the same for every sector. Each page below applies it to one kind of business, with worked examples, the tier that fits each purpose and what the work covers.
- How much does an NDIS business valuation cost in Australia?A fixed fee of $1,495, $2,495 or $3,495 plus GST, quoted in writing above $10 million by annual revenue, with worked examples for an NDIS business.
- How much does a medical practice valuation cost in Australia?A fixed fee of $1,495, $2,495 or $3,495 plus GST, quoted in writing above $10 million by annual revenue, with worked examples for a medical practice.
- How much does a dental practice valuation cost in Australia?A fixed fee of $1,495, $2,495 or $3,495 plus GST, quoted in writing above $10 million by annual revenue, with worked examples for a dental practice.
- How much does a pharmacy valuation cost in Australia?A fixed fee of $1,495, $2,495 or $3,495 plus GST, quoted in writing above $10 million by annual revenue, with worked examples for a pharmacy.
- How much does an allied health practice valuation cost in Australia?A fixed fee of $1,495, $2,495 or $3,495 plus GST, quoted in writing above $10 million by annual revenue, with worked examples for an allied health practice.
- How much does a veterinary practice valuation cost in Australia?A fixed fee of $1,495, $2,495 or $3,495 plus GST, quoted in writing above $10 million by annual revenue, with worked examples for a veterinary practice.
- How much does an aged care business valuation cost in Australia?A fixed fee of $1,495, $2,495 or $3,495 plus GST, quoted in writing above $10 million by annual revenue, with worked examples for an aged care or home care business.
What you receive
More than a headline number
A valuation should explain not only the concluded value, but how that conclusion was reached. Depending on the purpose and scope, an HPNA valuation may include:
- Business and industry overview
- Historical financial analysis
- Normalisation of earnings
- Maintainable earnings assessment
- Valuation methodology
- Risk and value-driver analysis
- Market evidence
- Goodwill assessment
- Valuation conclusion
- Key assumptions and limitations
Process
A clear and efficient valuation process
- 1
Initial discussion
We establish the business being valued, the purpose of the valuation and the appropriate valuation date.
- 2
Information collection
You receive a focused information request covering the financial and operational material required.
- 3
Analysis and valuation
We analyse maintainable earnings, business risks, healthcare-sector factors and relevant valuation methodologies.
- 4
Draft findings
We provide the draft valuation and clarify any factual questions before finalisation.
- 5
Final report
You receive a clear, independent valuation report suitable for its stated purpose.
FAQs
Questions about fees
How much does a healthcare business valuation cost?
A fixed fee. A full valuation report costs $1,495 for up to $2 million, $2,495 for $2 million to $3 million and $3,495 for $3 million to $10 million, all plus GST, set by the annual revenue of the business being valued. Above $10 million the fee is quoted in writing before work starts. An expert report for a shareholder dispute or another contested matter is a separate fixed fee, shown in full on this page. Every fee is agreed in writing before work begins and does not change with the conclusion reached. Family law matters, including property settlements and mediation, go to our dedicated family law practice, Family Law Valuations.
What is the difference between the two tiers?
What the valuation is for. A valuation report is the full independent engagement, suitable for a sale, a buy-in, succession, a tax matter or a restructure. An expert report is prepared where another party will test the conclusion, such as a shareholder or partnership dispute, and carries the duties owed to a court where HPNA is instructed as a single expert. The extra work in that tier is the joint instructions, the written questions and the conference of experts. Family law matters, including property settlements and mediation, go to our dedicated family law practice, Family Law Valuations.
My practice runs through several entities. Does that change the fee?
The first entity is included in the fee. Each additional entity that has to be analysed is charged at $795 plus GST. This is common in healthcare: a practice company that bills, a service entity that holds the lease and employs the staff, and a trust that receives distributions are three separate sets of accounts. We confirm how many entities are in scope before the engagement is signed, so the total is known in advance.
Does the fee depend on the valuation conclusion?
No. The fee is fixed for the revenue band and is set before the work starts, so it cannot move with the answer. That matters because a valuation whose author is paid more for a higher number is not independent, and the Australian Taxation Office expects a taxpayer engaging a valuer to be able to state that the fee is not dependent on the outcome.
Which revenue figure sets the band?
The annual revenue of the business or entity being valued, taken from its most recent financial statements. Where a practice runs through more than one entity, such as a practice company and a service entity, the band is set on the revenue of the business as a whole rather than on one entity within it. We confirm the band with you before the engagement is signed, so there is no surprise later.
What is included in the fee?
The valuation engagement as scoped: the analysis, the valuation itself and a written report suitable for its stated purpose, together with the draft stage where factual questions are clarified before the report is finalised. The scope, purpose, valuation date, basis of value and who may rely on the report are all recorded in the engagement before work begins. Anything outside that scope is agreed separately in writing.
Is GST included in these fees?
No. Every fee on this page is quoted plus GST. The invoice will show the fee plus GST at the applicable rate. If the business you are having valued is registered for GST, that component is generally claimable, though that is a question for your accountant rather than for us.
Make your next decision with a clear understanding of value.
Tell us about your healthcare business and the purpose of the valuation. We will confirm the appropriate scope, information requirements, timeframe and the fee band that applies.