GOING BEYOND OTHERS' LIMITS
706.617.7182
Blog Layout
Asset Values: The $199,999 Telephone Number
Darcy Devine • April 27, 2016
How much is a telephone number worth? Well, the value of any asset depends on several different factors. It seems, however, that even without being assigned to a famous person or being associated with a profitable business, certain area codes and certain digits demand high prices. In my search for market data, I came across an online dealer of telephone numbers at phonenumberguy.com. The website makes the following promise:
We make things simple. You can buy a phone number, and then within days be using it on whatever phone you want. It sounds easy because it is easy.
Since you're wondering - phonenumberguy.com also promises that this is 100% legit.
On the site, phone numbers start at around $279. Currently, the highest priced number for sale is (929) 999-9999 for $199,999. This number has a New York City area code that covers The Bronx, Brooklyn, Staten Island, Queens, and parts of Manhattan. My Atlanta-area telephone number looks like it might be worth at least $379 just because it has a 404 prefix. (Unfortunately, my phone number also has the number one in it - so there go the vanity number opportunities.)
I'm by no means the first person to find this subject or market makers like PhoneNumberGuy interesting. In fact, The Washington Post did a very nice piece on the website and the practice of selling phone numbers just last year (here's the link).
I do want to make the point, however, that before dismissing business assets like phone numbers, etc. as having no value, take another look. You may be sitting on a (404) FOR-TUNE.
We ranked the 30 largest healthcare services and information technology deals of 2018, according to our database, by valuation multiple. The lowest reported price to EBITDA multiples (10x or lower, sorted alphabetically) are listed below.
We ranked the 30 largest healthcare services and information technology deals of 2018, according to our database, by valuation multiple.
We ranked the 30 largest healthcare services and information technology deals of 2018, according to our database, by valuation multiple. The highest reported price to EBITDA multiples (15x or higher, sorted alphabetically) were as follows:
Healthcare services organizations rely on a variety of intangible assets to create business value, including patient and customer relationships, medical records, trade names, assembled workforce, licenses and certifications, non-compete clauses, proprietary technology, software, and others.
For those of you who’ve been involved in a transaction where the only asset transferred is a certificate of need, you’ve probably found that market data is scarce for CON-only deals.
CON Laws, Scope of Practice Restrictions, and Provider Non-Compete Clauses Targeted in New Trump Adm
On Monday, December 3, 2018, the Department of Health and Human Services (HHS) – in collaboration with the Departments of the Treasury and Labor, the Federal Trade Commission, and several offices within the White House – released a report detailing recommendations for improving choice and competition in the healthcare industry.
One of the questions we get asked a lot is how valuations have changed over time.
One of the many benefits of tracking healthcare transactions closely and maintaining a very large database of deals where we can get reliable price to EBITDA and revenue multiples is that it provides insight into profit margins for segments where other financial benchmarking information is sparse.
The most important component of a valuation of an accountable care organization (or other multi-provider network that relies on risk-based shared savings models) is the revenue forecast, which involves “probability-adjusting” future shared savings payments in some manner.
CMS' offers a helpful online tool that shows provider market saturation levels at the national-, state-, and county-levels for the following health services:
