Timothy Smith is a Senior Managing Director of Ankura Consulting Group in Dallas, where he manages the firm’s healthcare valuation practice. With over two decades of experience in the healthcare industry, Tim is a nationally recognized thought leader in the area of healthcare compensation valuation and a frequent speaker on healthcare valuation topics at leading industry conferences. His key area of expertise is valuation for healthcare regulatory compliance purposes.
Mr. Smith has been a practicing professional appraiser specializing in the healthcare industry since 2008. His experience in healthcare valuation includes the appraisal disciplines of compensation and business valuation. Mr. Smith’s compensation valuation practice focuses on physician compensation for clinical services, medical directorships, call coverage, administrative, and executive services. It also encompasses various forms of management services arrangements. His business valuation experience covers a broad range of healthcare provider entities with a focus on the pretransactional determination of fair market value for regulatory compliance purposes.
Prior to 2008, Mr. Smith’s healthcare industry experience included more than 14 years with HCA (Hospital Corporation of America), where he designed and managed HCA’s fair market value compliance program for outside appraisals as part of the company’s corporate integrity agreement. During his tenure at HCA, he reviewed hundreds of business and compensation appraisals with a focus on healthcare regulatory compliance. He also negotiated physician practice acquisition and divestiture transactions and served as an ethics and compliance officer.
Mr. Smith’s experience prior to working the healthcare industry included working as a general accounting manager for Hitachi Computer Products, a technology manufacturing company. He began his career as a staff auditor with Arthur Andersen & Company.
Mr. Smith is the coeditor of the BVR/AHLA Guide to Healthcare Industry Compensation and Valuation, the industry’s leading textbook on healthcare compensation valuation. He served as the co-chair of 2014 Advanced Healthcare Valuation and Consulting Symposium sponsored by the National Association of Certified Valuators and Analysts and the Consultants’ Training Institute (NACVA/CTI). Mr. Smith also served on the planning and teaching committee for the NACVA/CTI healthcare consulting workshop. Mr. Smith holds the certification from the American Institute of Certified Public Accountants (AICPA) and is a licensed CPA. He received a Bachelor of Business Administration degree in accounting from the University of Oklahoma.