DoctorDeals.net

Nicholas A. Newsad, MHSA, CPCV

Nicholas A. Newsad, MHSA, CPCV, is a healthcare valuation consultant. Over 20 years, has been involved in over 400 healthcare business transactions and thousands of physician contracts. Healthcare attorneys call Nick to determine Fair Market Value for big, hairy healthcare deals that no one else will take (or understand). His bread and butter projects include:

  • complex physician practice management arrangements in CPOM states;
  • business valuations for Certificates of Need, out-of-network businesses, & start-ups;
  • physician compensation arrangements for which little or no market survey data exists;
  • compensation for Nobel Prize winners and top 10 leading experts in their fields;
  • intellectual property licensing; and
  • unlisted CPT service pricing.

Nick has prepared independent reports for review by former California Attorney General Kamala Harris, the U.S. Department of Justice, the Internal Revenue Service, the Indian Health Service, Medicare Administrative Contractors, the U.S. Department of Housing & Urban Development, arbitration, courts, law firms, hospitals, health systems, physicians, and private businesses. Nick was the first person in the United States to be Certified in Provider Compensation Valuation (CPCV) by the American Association of Provider Compensation Professionals. 

Nick has presented for continuing educational events for the American Health Law Association, American Bar Association, Healthcare Financial Management Association, Healthcare Business Management Association, California Bar Association, Colorado Bar Association, Strafford, and Business Valuation Resources (BVR). He has also authored two books and over one hundred articles.

Education & Certifications

  • Certified in Provider Compensation Valuation (CPCV), American Association of Provider Compensation Professionals
  • Master’s Degree, Health Service Administration, Xavier University, Cincinnati, Ohio
  • Bachelor of Arts, Entrepreneurship, Ball State University, Muncie, Indiana

 

Professional Appraisal Education

  • Completed and passed the American Association of Provider Compensation Professionals’ Certified Provider Compensation Professional (CPCV) credential Exam 3 (March 2026)
  • Completed and passed the American Association of Provider Compensation Professionals’ Certified Provider Compensation Professional (CPCV) credential Exam 2 (February 2026)
  • Completed and passed the American Association of Provider Compensation Professionals’ Certified Provider Compensation Professional (CPCV) credential Exam 1 (January 2026)
  • Completed and passed the American Society of Appraisers’ Ethics Exam (May 2017)
  • Completed the class and exam for the 15-hour course, Uniform Standards of Professional Appraisal Practice (May 2017)
  • Completed the class and exam for the American Society of Appraisers’ 27-hour course, BV204: Advanced Topics in Business Valuation (January 2014)
  • Completed the class and exam for the American Society of Appraisers’ 27-hour course, BV203: Business Valuation Case Study (November 2013)
  • Completed the class and exam for the American Society of Appraisers’ 27-hour course, BV202: Introduction to Business Valuation Part II (June 2013)
  • Completed the class and exam for the American Society of Appraisers’ 27-hour course, BV201: Introduction to Business Valuation Part I (October 2012)
  1. Presenter: Market Insights from Transparency in Coverage Reimbursement Data. Washington-Alaska Healthcare Financial Management Association Spring Conference. April 16, 2026.
  2. Presenter: Leveraging the Transparency in Coverage Reimbursement Data (webinar). Healthcare Business Management Association. February 11, 2026.
  3. Presenter: Market Insights from Transparency in Coverage Reimbursement Data. Healthcare Financial Management Association North Carolina Annual Conference. Pinehurst, North Carolina. February 6, 2026.
  4. Presenter: Reimbursement Market Insights from Transparency in Coverage Data. Healthcare Financial Management Association Region 2 Annual Conference. Verona, NY. October 16, 2025.
  5. Presenter: Local Market Provider Compensation. (webinar). American Association of Provider Compensation Professionals. August 28, 2025.
  6. Presenter: Reimbursement Market Insights from Transparency in Coverage Data. (webinar). Georgia Healthcare Financial Management Association. June 19, 2025.
  7. Podcast Guest: Unlocking Healthcare Payer Data | How DataRise is Changing the Game. Coffee With Coker Podcast. Coker Group. May 5, 2025.
  8. Podcast Guest: Nicholas Newsad on Healthcare Business Deals and the Future of Medical Software. Becker Private Equity and Business Podcast. February 24, 2025.
  9. Podcast Guest: Inside the Future of Physician Deals & Healthcare Valuations with Nicholas Newsad, Author of Doctor Deals. Becker Private Equity and Business Podcast. October 30, 2024.
  10. Presenter: Medical Group Losses: Trends, Causes & Deals. (webinar). Health-Contract.com October 22, 2024.
  11. Co-Presenter: Local Market Data & Compensating Physicians for Availability. (webinar w/Timothy Smith). American Association of Provider Compensation Professionals. August 29, 2024.
  12. Presenter: Erlanger Health System: DOJ Alleges FMV Exceeded. Health-Contract.com. August 22, 2024.
  13. Presenter: Fair Market Value of Electronic Health Record (EHR) Data (webinar). Health-Contract.com. July 17, 2024.
  14. Presenter: Physician Practice Management Fees: Advanced Fair Market Value Issues (webinar). Health-Contract.com. May 1, 2024.
  15. Co-Presenter: Medical Director Fraud and Abuse: LTC and Post-Acute. American Health Law Association Long Term and Post-Acute Care Law and Compliance 2024. San Diego, CA. February 26-28, 2024.
  16. Presenter: FMV Was Focus of $345 Million Settlement at Community Health Network (webinar). Health-Contract.com: Littleton, CO. January 10, 2024.
  17. Presenter: UNLIMITED Physician Compensation (webinar). Health-Contract.com: Littleton, CO. December 6, 2023.
  18. Presenter: New SEC Valuation Requirements for Private Fund Advisers (webinar). LBMC: Brentwood, TN. August 30, 2023.
  19. Co-Presenter: Healthcare Management Arrangements. American Health Law Association Transactions Conference: Nashville, TN. April 19, 2023.
  20. Presenter: Fair Market Value of Physician Practice Management Fees (webinar). LBMC: Brentwood, TN. February 7, 2023.
  21. Presenter: New Physician Work RVU Increases in 2023 Proposed Rule (webinar). LBMC: Brentwood, TN. August 9, 2022.
  22. Presenter: Adopting 2021 Work RVUs: Don’t Bury Your Head in the Sand (webinar). Healthcare Appraisers: Boca Raton, FL. March 2, 2021.
  23. Presenter: Speed Demo: Get Full FMV Opinions Within Seconds (webinar). Healthcare Appraisers: Boca Raton, FL. January 14, 2021.
  24. Co-Presenter: Major Effects of Medicare’s 2021 Final Rule on Physician Compensation & Payment (webinar with Luis Argueso). Healthcare Appraisers: Boca Raton, FL. December 9, 2020.
  25. Co-Presenter: Structuring Healthcare Management Arrangements: Corporate Practice of Medicine, Regulatory Compliance (with Rick Rifenbark of Polsinelli). Stratford: Atlanta, GA. January 23, 2020.
  26. Featured Interview: 6 Ways to Lower Your Medical Bills. Woman’s World (magazine). September 23, 2020.
  27. Co-Presenter: Physician Investments: What are the Regulatory Pitfalls? (with Richard Cheng of Dykema). Physicians Legal Issues Conference. (co-sponsored by the American Bar Association): Chicago, IL. June 7, 2018.
  28. Co-Presenter: Healthcare Regulatory Risks: What Lenders Need to Know (with Rick Rifenbark of Polsinelli). California Bar Association: Santa Monica, CA. June 13, 2017.
  29. Co-Presenter: Current Challenges for Ambulatory Surgery Centers (with Diane Carter of Husch Blackwell). 34th Annual CLE Conference (co-sponsored by the American Bar Association): Snowmass Village, CO. January 7, 2017.
  30. Webinar: Clinical Research Arrangements. Healthcare Transaction Advisors: Lone Tree, CO. July 27, 2016.
  31. Webinar: Management Arrangements. Healthcare Transaction Advisors: Lone Tree, CO. July 20, 2016.
  32. Webinar: Marketing Arrangements. Healthcare Transaction Advisors: Lone Tree, CO. July 6, 2016.
  33. Webinar: Selling Physician Practices: A How to Guide. May 25, 2016. Sponsored by the Florida Healthcare Law Firm: Delray Beach, FL.
  34. Webinar: ASC Feasibility Studies. August 13, 2015. Healthcare Transaction Advisors.
  35. Webinar: 2015 M&A Turnaround Study Findings. August 12, 2015. Healthcare Transaction Advisors.
  36. Interview: 6 Ways to Create a Highly Motivated Healthcare Workforce. By Bryan Barajas. PreCheck.com. February 10, 2015
  37. Featured Interview: What money can’t buy in healthcare: Q&A with “Doctor Deals” author Nicholas A. Newsad. By Ayla Ellison. December 15, 2014.
  38. Expert Source: Do Tangible Assets Out-Perform Stocks and Bonds? By Thomas Hill. Accredited Investor Markets. December 10, 2014.
  39. Webinar: 2014 M&A Performance Study Findings, with Kyle D. Tormoehlen, ASA, MBA. November 21, 2014. Healthcare Transaction Advisors.
  40. Webinar speaker: Healthcare M&A Due Diligence with Kyle D. Tormoehlen. August 27, 2014. Healthcare Transaction Advisors.
  41. Interview: 5 Ways to Motivate Physicians to Improve Patient Satisfaction. By Bryan Barajas. August 26, 2014. Pre-Check (online): Alamogordo, NM.
  42. Feature interview: Understanding Physician Co-Management Arrangements. By Martin Merritt. August 24, 2014. Physicians Practice (online): Baltimore, MD.
  43. Webinar speaker: Co-Management Feasibility & Development with Kyle D. Tormoehlen. August 13, 2014. Healthcare Transaction Advisors.
  44. Webinar Moderator: Readmissions & Medicare’s HRRP, ACOs & BPCI with Linda Huffer, RN, MBA, COO of Consolidated Health Services & CHI National Home Care. July 9, 2014. Healthcare Transaction Advisors.
  45. Webinar Moderator: Stipends, Subsidies & Collection Guarantees. Speakers Kyle D. Tormoehlen, ASA, MBA, Co-Founder of HTA and Thomas Wherry, MD, Co-Founder of Total Anesthesia Solutions. June 25, 2014. Healthcare Transaction Advisors.
  46. Webinar Moderator: 10 Mistakes Imaging Centers Make During Sales. Speakers Kyle D. Tormoehlen, ASA, MBA, Co-Founder of HTA and Ed Field, Director of Imaging Services, Santa Fe Imaging. June 18, 2014. Healthcare Transaction Advisors.
  47. Expert Source: 2014 ASC Valuation Trends: Key Insights From HealthCare Appraisers. Becker’s ASC Review (online). April 23, 2014. ASC Communications: Chicago, IL.
  48. Webinar: HealthCare Appraisers 2014 ASC Valuation Survey. Hosted by Becker’s ASC Review. Co-presented with Todd Mello, ASA, CVA, MBA, Partner, April 17, 2014.
  49. Feature Interview: Price Transparency Pressures. Healthcare Finance News. December 2013 Issue. MedTech Media: New Gloucester, ME.
  50. Presentation: Co-Management – A Focus on How Payments Work and are Valued, Becker’s Annual ASC Conference 2013, October 24, 2013, Chicago, IL.
  51. Presentation: 2013 ASC Valuation Survey, Becker’s Annual ASC Conference 2013, October 24, 2013, Chicago, IL.
  52. Feature Interview: Outlook on the ASC Industry for 2014: Biggest Concerns & Best Strategies for Success. Becker’s ASC Review (online). October 15, 2013. ASC Communications: Chicago, IL.
  53. Feature Interview: Disruptive Innovators: Cost competition puts pressure on providers. Healthcare Finance News. November 2013 Issue. MedTech Media: New Gloucester, ME.
  54. Interviewed: When to bargain with your doctor. Money.MSN.com. September 20, 2013. Microsoft: Seattle, WA.
  55. Interviewed: 5 Big Factors in ASC Merger & Acquisition Activity Today. Becker’s ASC Review (Online), May 9, 2013. ASC Communications: Chicago, IL.
  56. Interviewed: Affordable Medical Care, AARP The Magazine, April/May 2013 Issue. American Association of Retired Persons: Washington, D.C.
  57. Interviewed: 4 Strategies for Lower Supply Costs in Ambulatory Surgery Centers, Becker’s ASC Review (online), January 23, 2013. ASC Communications: Chicago, IL.
  58. Interviewed: Medical Debt: Adding Insult to Injury, Consumer’s Digest. September 2012. Consumers Digest Communications, LLC: Deerfield, IL.
  59. Interviewed: Will Your Doctor Kill Your Credit? Money.MSN.com. May 18, 2012. Microsoft: Seattle, WA.
  60. Interviewed: 10 Simple Ways to Cut Those Hefty Medical Bills, MainStreet.com. April 21, 2012. The Street, Inc.: New York, NY.
  61. Featured Interview: 10 Metrics That Reveal a Surgery Center’s Financial Performance, Becker’s ASC Review. March 5, 2012. ASC Communications: Chicago, IL.
  62. Featured Interview: How to Haggle Over Medical Bills, Money.MSN.com. January 25, 2012. Microsoft: Seattle, WA.
  63. Featured Interview: 10 Metrics That Reveal a Surgery Center’s Financial Performance, Becker’s ASC Review. March 5, 2012. ASC Communications: Chicago, IL.
  64. Newspaper Interview: For Cincinnati hospitals, charity care levels come under scrutiny. Cincinnati Business Journal. January 20, 2012. American Cities Business Courier: Cincinnati, OH.
  65. Interview: Employers Embrace Consumer-Driven Health Plans, Other Tactics to Contain Health Care Costs. By Lisa Beyer. Workforce Magazine (online). November 9, 2011. MediaTec Publishing: Chicago, IL.
  66. Feature Interview: Get Financial Help with Hospital Bills. Bankrate.com via FoxBusiness.com. November 7, 2011.
  67. Feature Interview: 3 Ways to Save Money on Medical Costs. Bankrate.com via FoxBusiness.com. September 12, 2011.
  68. Featured Interview: Finding Your Way Through The Maze of Medical Bills, Arthritis Self-Management, October, 2011. R.A. Rapaport Publishing: New York, NY.
  69. Featured Interview: Improving Training for Patient Account Representatives. Patient Friendly Billing Bulletin. March 11, 2011. Healthcare Financial Management Association: Chicago, IL.
  70. Book Review: Etcetera Column, Bookshelf Review. Healthcare Financial Management. October, 2010. Healthcare Financial Management Association: Chicago, IL.
  71. Book Review: Foreword Review, Book Review. November 9, 2010.
  72. Book Review: ReaderViews, Book Review. December 10, 2010.
  73. Book Review: Read it: The time is right for ‘The Medical Bill Survival Guide’. Star-Telegram (Ft Worth). January 7, 2011.
  74. Newspaper Interview: Get with the plan: Buy health insurance, NY Daily News. August 30, 2010.
  75. Newspaper Interview: Open lines of communication with health care providers, Utah Daily Herald September 5, 2010.
  76. Newspaper Interview: Talking Money: Options if you lack health insurance, Richmond Times-Dispatch. September 9, 2010.
  77. Newspaper Interview: Uninsured? You have options. Tampa Tribune (print). September 12, 2010.
  78. Newspaper Interview: Cost of blowing off medical bills can be exorbitant. Rochester Post-Bulletin. September 13, 2010.
  79. Newspaper Interview: Save credit score. Utah Daily Herald. October 10, 2010
  80. Newspaper Interview: Pay off loans, credit cards to save credit score. Richmond Times-Dispatch. October 14, 2010
  81. Newspaper Interview: Nicholas Newsad quoted on hospital competition. Billings Gazette. December 26, 2010.
  82. Newspaper Interview: Uninsured newlywed gets a huge hospital bill. L.A. Times. February 6, 2011.
  83. Radio: Guest Interview. The Credit Line (CBS Los Angeles KFWB 980). August 5, 2011.
  84. Radio: Guest Interview. Business for Breakfast (Denver KRCN 1060). January 3, 2011.
  85. Radio: Guest Interview. Health Radio Network. December, 2010.
  86. Radio: Guest Interview. Dresser After Dark. November 18, 2010.
  87. Radio: Guest Interview. Dr. Sheila Forman Radio Show. October 29, 2010.
  88. Interview: Say Goodbye to Insurance Paperwork. Smart Money.com. February 1, 2011.
  89. Interview: Financing Breast Cancer Treatment. AoLHealth.com. October 25, 2010.
  90. Book Excerpt: How to Survive Your Medical Bills. LifeScript.com. October 11, 2010.
  1. Crush Readmissions & Make Money with Cardiac Rehab. (online). Acuvance DataRise: October 31, 2025.
  2. Alaska: The Outlier State for Physician Services. (online). Acuvance DataRise: October 2, 2025.
  3. $17 Billion in Doctor Deals Done By Drug Distributors. (online). Acuvance DataRise: August 27, 2025.
  4. Telemedicine Commercial Reimbursement Trends. (online). Acuvance DataRise: May 29, 2025.
  5. Fair Market Value of Hospice Medical Director Compensation (online). LBMC: Brentwood, TN. August 24, 2023.
  6. Hospice Business Ownership Sale Restrictions Looming (online). LBMC: Brentwood, TN. August 24, 2023.
  7. Doctor Deals: Revised and Updated Second Edition (audiobook). Audible: Newark, NJ. June 8, 2023.
  8. Moving Compensation Plans from 2020 to 2023 Work RVUs. Journal of Provider Compensation (online). American Association of Provider Compensation Professionals: Nashville, TN. June 2023.
  9. 2023 Physician Work RVU Increases Finalized by Medicare. LBMC: Brentwood, TN. November 4, 2022.
  10. Inflation Impacts on Ambulatory Surgery Centers’ Business Valuation. LBMC: Brentwood, TN. October 3, 2022.
  11. Fair Market Value of Physician Practice Management Fees. Orlando Medical News & Nashville Medical News. Published by Bondware: Murfeesboro, TN. September 28, 2022.
  12. Fair Market Value of Clinical Data. Healthcare Appraisers: Boca Raton, FL. May 6, 2021.
  13. Updated February 9, 2021 – Forecasting 2021 Final Rule for Physician Practices. Healthcare Appraisers: Boca Raton, FL. February 9, 2021.
  14. Physician Relocation Study. Healthcare Appraisers: Boca Raton, FL. October 15, 2020.
  15. Forecasting 2021 Proposed Rule for Physician Practices. Healthcare Appraisers: Boca Raton, FL. October 13, 2020.
  16. Fair Market Value of Chief Medical Officer Compensation. Healthcare Appraisers: Boca Raton, FL. September 3, 2020.
  17. 2016 Physicians’ Administrative Compensation Study. June, 2016. Healthcare Transaction Advisors.
  18. 2015 M&A Turnaround Study. August, 2015. Healthcare Transaction Advisors.
  19. Do Your Homework Before Allocating Overhead to Critical Access Hospitals. Strategic Financial Planning (online). Healthcare Financial Management Association: Westchester, IL. January 15, 2015.
  20. 2014 M&A Performance Study, with Kyle D. Tormoehlen, ASA, MBA. December, 2014. Healthcare Transaction Advisors.
  21. Cardiac rehab emerges as readmission reduction solution as Medicare targets hospital readmissions with payment policies. Becker’s Infection Control & Clinical Quality (online). ASC Communications: Chicago, IL. August 21, 2014.
  22. Intangible Assets in Healthcare (reprinted with permission), with Tod A. Matuga, MAcc, CPA, ABV, and Todd J. Mello, CVA, MBA. QuickRead (online). National Association of Certified Valuators and Analysts: Salt Lake City, UT. August 20, 2014.
  23. Modeling the Impact of Potential Cuts in Hospital Surgery Payments. Co-authored with Nicholas Janiga, Director, HealthCare Appraisers, Inc. HFMA’s Payment & Reimbursement Forum eNewsletter. Healthcare Financial Management Association: West Chester, IL. June 26, 2014.
  24. Medicare-Certified ASC Trends: 130 Net OR Increase in 2013. Becker’s ASC Review. ASC Communications: Chicago, IL. May 27, 2014.
  25. Doctor Deals. October, 2014. Westminster Cambridge: Westminster, CO.
  26. Whitepaper: Intangible Assets in Healthcare. Becker’s Hospital Review. Co-authored with Tod Matuga, Manager, and Todd Mello, ASA, CVA, MBA, Partner, HealthCare Appraisers, Inc. April 29, 2014.
  27. Whitepaper: Management Services. Becker’s Hospital Review. Co-authored with Todd Mello, ASA, CVA, MBA, Partner, HealthCare Appraisers, Inc. Feb. 27, 2014.
  28. Reprint: What can improve treatment adherence? Medical Practice Insider (online). February 3, 2014. MedTech Media: New Gloucester, ME.
  29. Providers Zeroing in on Patient Behavior. Healthcare Finance News. January 31, 2014 Online. MedTech Media: New Gloucester, ME.
  30. 2014 ASC Valuation Survey. February 2014. Healthcare Appraisers, Inc.: Delray Beach, FL.
  31. Health System Cost Allocations to CAHs, HealthCare Appraisers’ FMVantage Point, January 2014.
  32. 24/7/365 Physician Coverage. Strategic Financial Planning (online). Healthcare Financial Management Association: Westchester, IL. October 18, 2013.
  33. Critical Access Hospital Acquisitions and Affiliations, (co-author with Nicholas Janiga, Director, HealthCare Appraisers, Inc.), HealthCare Appraisers’ FMVantage Point, September 2013.
  34. Eight Factors to Consider When Aligning with a Home Health Agency. Strategic Financial Planning (online). Healthcare Financial Management Association: Westchester, IL. July 25, 2013.
  35. Industry Trends for ASC Life Cycles and Transaction Activity. Becker’s ASC Review. June 2013, Vol. 2013 No. 5. ASC Communications: Chicago, IL
  36. ASC Ownership: White Paper for Prospective ASC Investors. HealthCare Appraisers, Inc. and ASC Communications: Chicago, IL. July 18, 2013.
  37. 5 ASC Deal Terms Affecting Business Value. Becker’s ASC Review. June 2013, Vol. 2013 No. 5. ASC Communications: Chicago, IL
  38. Perceived Value and Longevity for Surgical Specialties and CONs. Becker’s ASC Review. June 2013, Vol. 2013 No. 5. ASC Communications: Chicago, IL
  39. ASC Valuation Analysis: 3 Biggest Opportunities for Improvement. Becker’s ASC Review. ASC Communications: Chicago, IL. March 6, 2013.
  40. Five Reasons to Conduct Regular ASC Valuations. Becker’s ASC Review (online). February 25, 2013. ASC Communications: Chicago, IL.
  41. Ghostwriter: Future Surgery Center Transaction & Acquisition Expectations: Q&A With Todd Mello of HealthCare Appraisers. Becker’s ASC Review (online). February 18, 2013. ASC Communications: Chicago, IL.
  42. 2013 ASC Valuation Survey. February 2013. Healthcare Appraisers, Inc.: Delray Beach, FL.
  43. Financial Aid Policies for Healthcare Organizations. Pittsburgh Healthcare Report… April 22, 2012. Pittsburgh Health Report: Atlanta, GA.
  44. Public Coverage May Surpass Private by 2015. Becker’s ASC Review. (online) April 3, 2012. ASC Communications: Chicago, IL.
  45. Price Shopping Just Got More Competitive. Strategic Financial Planning. February, 2012. Healthcare Financial Management Association: Chicago, IL.
  46. 3 Significant Impacts of High Deductible Medical Bills on Surgery Centers. Becker’s ASC Review. (online) July 12, 2011. ASC Communications: Chicago, IL.
  47. Healthcare Reform Survival for Surgery Centers. Becker’s ASC Review. (online) October, 2010. ASC Communications: Chicago, IL.
  48. Multi-Hospital Home Health Partnerships. Strategic Financial Planning. (online) October, 2010. Healthcare Financial Management Association: Chicago, IL.
  49. The Medical Bill Survival Guide: Easy, Effective Strategies for People Experiencing Financial Hardship. September, 2010. Westminster Cambridge: Westminster, CO.
  50. 10 Revenue Cycle Sticking Points. Becker’s ASC Review. November, 2009. ASC Communications: Chicago, IL.
  51. All Things Not Being Equal. Strategic Financial Planning. November, 2008. Healthcare Financial Management Association: Chicago, IL.
  52. Critical Access Home Health: The Effects of Joint Ventures. Strategic Financial Planning. May, 2008. Healthcare Financial Management Association: Chicago, IL.