CIG Asset Management Update June 2019: Economic War Throttles Market in May
China and the U.S. entered into an economic war in May and the markets suffered. Very quickly we have moved past the stage of trade tensions, trade frictions, a trade dispute, or even a tariff war between two superpowers. At month end, tariffs were also announced on Mexico. Given the ratcheting up of national security […]
Find your 529 plan’s Magic Savings Number
A quick glance at the tuition page of a favorite college or university’s website is enough to give parents or grandparents sticker shock. Tuition has grown faster than inflation for more than two decades, long to enough to drive the average annual cost of a public four-year college in 2018-2019 to $10,230 for in-state tuition […]
Importance of Budgeting for Private Medical Practices
Budgeting for Private Medical Practices As in any other business, a budget can be an important management tool for a private medical practice. A budget is a way for you to measure and keep track of both revenues and expenses. Budgeting for private medical practices helps you identify and fix any inefficiencies in your […]
Physician Retirement Planning: Is Your Paycheck Today Endangering your Lifestyle Tomorrow?
PHYSICIAN RETIREMENT PLANNING Proper physician retirement planning can help you keep living as you do now. Does your current cash flow strategy support your long-term financial health? Your cash flow habits today, or how you spend your paycheck and other income derived from working as a physician, may negatively affect your retirement years. The lack […]
Ophthalmology Practice Valuation Strategies
A practice valuation exercise can enhance the overall optimization of your ophthalmology practice, as well as allow you to comfortably entertain potential acquisition offers. In addition to obtaining an idea of what your practice is worth, the economic climate, competitive landscape, and private-equity infusion of funds should also influence the path you decide to take. […]
Dermatology Industry Trading Multiples and Recent Buyers
In the first part of our look at merger and acquisition activity in the dermatology industry, we examined dermatology practice valuation strategies and the buying/selling process. In the second part, we look at the trading multiples that dermatology practice sellers could expect to see in today’s market, and a few of the recent larger transactions […]
Ophthalmology Industry Trading Multiples and Recent Buyers
In the first part of our look at merger and acquisition activity in the ophthalmology industry, we examined ophthalmology practice valuation strategies and the buying/selling process. In the second part, we look at the trading multiples that ophthalmology practice sellers could expect to see in today’s market, and a few of the recent larger transactions […]
Dermatology Practice Valuation Strategies
A practice valuation exercise can enhance the overall optimization of your dermatology practice, as well as allow you to comfortably entertain potential acquisition offers. In addition to obtaining an idea of what your practice is worth, the economic climate, competitive landscape, and private-equity infusion of funds should also influence the path you decide to take. […]
CIG Asset Management May 2019 Update: Stocks Continued their Run in April
In April, The Federal Reserve continued to buoy the U.S. stock markets with statements about being patient and leaving open the possibility that the next move could be a rate cut. The S&P 500(1) broke through the key 2900 level and was up 3.9% last month, putting it up 18% year-to-date. International equities increased 2.8%, […]
Medical Practice Performance: How healthy is your medical practice?
Medical Practice Performance Taking time to evaluate your medical practice performance may seem unnecessary when your waiting room is full of patients and your staff is busy every minute. However, external signs may not be true indicators of how well your practice is doing. How can you judge medical practice performance? In the corporate world, […]