What a healthcare business valuation costs

A fixed fee. A full valuation report costs $1,500 for up to $1 million, $2,200 for $1 million to $3 million, $4,950 for $3 million to $10 million, $9,450 for above $10 million, all plus GST, set by the annual revenue of the business being valued. An indicative assessment is $950 plus GST and is credited against a full report if you proceed within 3 months. An expert report for a family law matter or a shareholder dispute is a higher fixed fee, set by the same revenue bands and shown in full on this page. Every fee is agreed in writing before work begins and does not change with the conclusion reached.

What the valuation is for. An indicative assessment is a limited scope view of value for your own planning, and is not written for a court, the Australian Taxation Office or a lender. 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 family law property settlement or a shareholder 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.

The first entity is included in the fee. Each additional entity that has to be analysed is charged at $450 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.

No. The fee is fixed for the revenue band and is set before the work starts, so it cannot move with the answer. HPNA also earns no commission from any party to a transaction. 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.

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.

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.

No. Every fee on this page is quoted plus GST. Beach Group Australia Pty Ltd, trading as HPNA, is registered for GST, so 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.