CPOMP 2021 Annual Meeting

Thursday, July 29 - Saturday, 31, 2021
Stein Eriksen Lodge | Park City, UT

 

CPOMP's 4th Annual Meeting took place July 29-31, 2021 in Park City, UT. Over 90 independent, physician-owned groups attended and spent two days viewing peer-led sessions and guest speaker presentations while discussing all topics related to medical real estate. 


Agenda | Keynote SpeakerPanelists & Speakers | Sponsors | Photos

 

 


CPOMP 2021 Topics

 

Keynote Speaker
Steven Miller, Former Acting IRS Commissioner
Presents “The Updates from Washington on Tax and Politics”

There could not be a timelier topic or more informed speaker than Mr. Miller, a true Washington insider with glimpses of what’s going on behind the scenes. He will share what may lay ahead with the political changes and upheaval and what that means to us as investors. If there’s anybody privy to what’s going on in Washington, this is your man.

About Mr. Miller: 
Mr. Miller has spent the last 25 years with the IRS, serving as Deputy Commissioner for Services and Enforcement, Commissioner of the Large and Mid-Size Business Division, and Commissioner of the Tax Exempt and Government Entities Division.

Culminating in his role as former acting IRS commissioner in 2012, today Mr. Miller serves as a director at Alliantgroup, an international firm dedicated to advising businesses and CPA firms on tax credits, incentives, and deductions that are available to them.

 

Alignment of Ownership Interest in the Practice and Property: Framing the Issues

A session that will promote a full understanding of the benefits and consequences of differing levels of partner participation and an exploration of methods used to manage buy-ins and buyouts. Member case studies will highlight outcomes – from exceptional to troublesome. Learn about the substantial advantages of consolidating properties where disparate ownership has evolved through organic growth or mergers and acquisitions.

 

Alignment of Ownership Interest in the Practice and Property: Solving the Issues 

Now that you know the ideal outcome, how do you make that happen for your practice’s real estate? Panelists will share what has worked and what has failed in their efforts to reach desired ownership structure and partner participation. New methods of facilitating buy-ins and buyouts, with an eye toward long-term sustainability, will be presented along with proven methodologies of consolidation and resyndication.

 

Report on the Economy and the Meaning of Leaving LIBOR

CPOMP's most popular speaker is back again! "Reformed" banker JP Conklin lays bare the methods that banks employ in creating profits when clients hedge and advises on how to keep more of that profit in borrowers’ pockets. JP's weekly Pensford newsletter, one of the most widely read independent financial publications, comments on the economy and economic trends in the US. Most importantly, his genius is his ability to translate the complex to the understandable. In the end, JP helps borrowers make better-informed decisions.

Financing 101: Globalization & Competition

Delve into the recent changes in bank underwriting, the way loans are proposed, and the way credit is issued. Most importantly, how do these changes impact you as a borrower? Learn how to react and position yourself in order to secure the best financing for your practice’s objectives. Understand what makes you interesting to the bank, what makes them concerned about you, and the options now available to you within and beyond the restrictions of your local region.

Building an MOB or ASC: Planning & Execution

Consider the questions that should be asked and discussed when building an MOB or ASC. These questions include: Should my development be led in-house or by a third party? How do I start building my team? What is each part of the team's function, and at what point should financing become a consideration?

 

Utilizing Outside Equity: Reasons,Ramifications, & Resolutions

Members that accepted outside investor participation discuss the factors that led to the decision. Explore why some of those members, as well as others, eventually looked to buy back their interest and the obstacles they encountered. Discuss the concept of seeking outside equity in a competitive manner and viewing the equity market similarly to the debt market.

 

Hold vs. Sell: Opportunities and Alternatives

Physician groups continue to see a high level of interest from buyers seeking to acquire properties at aggressive prices. Subsequently, the sale methods have become more sophisticated to appeal to a variety of seller preferences. In this session, both sides will speak as to why groups should elect to either hold or sell, along with the potential economic outcomes to the members selling and the members yet to join the practice.  

Hold vs. Sell: Non-Sale/Leaseback Alternatives

If the seller could do it again, would they? How could the seller have been better prepared to make that determination, and what were the factors pushing the decision? Explore case studies of whether the sale was aligned with expectations, and what groups would have done differently.

 

CPOMP 2021 Sponsors & Strategic Partners

 

HOSTED BY

 

CPOMP 2021 SPONSORS

  

      

                     

      

                

 

CPOMP 2021 STRATEGIC PARTNERS