Kelsey Kindel, CPA
About
Kelsey Kindel, CPA is a Manager at Coker. Over her career, she has assessed the fair market value (FMV) and commercial reasonableness (CR) of physician-hospital agreements including, but not limited to, professional services, management services, medical directorships, call coverage arrangements, financial assistance arrangements, and physician employment for many specialties. She has also assessed FMV and CR in connection with pharmacy services, marketing services, and various other types of arrangements.
Additionally, Ms. Kindel has managed valuation analyses for acquisitions of potential businesses or real estate properties, as well as associated intangible assets, including brand and non-compete agreements. She has also provided transaction advisory services, including due diligence and quality of earnings, for physician practices and other healthcare-related entities.
Experience
- Evaluated various arrangements between hospitals, physicians, and/or other healthcare-related entities to ensure the arrangement is FMV and commercially reasonable.
- Worked collaboratively with hospital administration, executive leadership, and attorneys to structure physician and provider compensation to ensure operational efficiency while remaining in compliance with the Anti-Kickback Statue and Stark Law.
- Provided transaction advisory services, including due diligence and quality of earnings, for physician practices and other healthcare-related entities.
- Managed acquisition integration project for private-equity-based health services consolidation of physician practices and ambulatory services.
- Managed business valuation projects involving a variety of businesses and associated intangible assets, including brand and non-compete agreement valuations.
Areas of Expertise
- Physician Compensation Design and Review
- Provider Compensation Strategy
- Due Diligence
- Fair Market Value/Commercial Reasonableness Opinions
- Financial Analysis and Modeling
- Hospital/Physician Alignment/Integration
- Post-Merger Integration
- Transaction Advisory
- Business Valuation
Education
University of Tennessee
Master of Accountancy
Bachelor of Science in Business Administration, Accounting
Knoxville, TN
Certifications
Certified Public Accountant
Professional Memberships
Licensed CPA, Georgia State Board of Accountancy
Tennessee Society of Certified Public Accountants