Chance Sherer, CVA

Managing Director
Valuation & Transaction Advisory
Denver

Chance Sherer is a Managing Director at VMG Health and is based in the Denver office. He specializes in providing financial, valuation, and transaction advisory services to the firm’s healthcare clients. Chance’s clients include health systems, ambulatory surgery centers, surgical hospitals, oncology centers, diagnostic imaging centers, dialysis centers, physician groups, and numerous other ancillary healthcare service businesses. In addition to extensive valuation experience for transaction planning and financial reporting purposes, he has consulted on numerous development, feasibility, and recapitalization analyses for joint venture, restructuring, and de novo business development purposes.

Chance is a Certified Valuation Analyst (CVA) and is currently a member of the National Association of Certified Valuation Analysts (NACVA). He is also a member of the American Bar Association (ABA) Health Law Section and is a Subject Matter Expert in the Business and Transactions Interest Group. Chance received a Bachelor of Business Administration in Finance from the Cox School of Business at Southern Methodist University.

Sector Experience

Ambulatory Surgery Centers
Behavioral Health
Dialysis
Hospitals
Imaging & Radiology
Oncology
Physician Practices
Risk-Bearing Organizations & Health Plans
Laboratories
Pharmacy
Post-Acute Care
Urgent Care & Freestanding EDs

Areas of Expertise

Fair Market Value Opinions
Fairness Opinions
Managed Care
Value-Based Care

Credentials
  • Certified Valuation Analyst (CVA)
Affiliations
  • National Association of Certified Valuation Analysts (NACVA)
  • American Bar Association Health Law Section, Policy Expert, Business & Transactions Interest Group
Presentations
  • Presentation: “About VMG Health” – American Bar Association Health Law Section Leadership Meeting, July 2023
  • 2023 Healthcare M&A Report by VMG Health, Edited Chapter: “Value-Based Care & Risk-Bearing Organizations”
  • Panel Discussion: “Current Market Valuations for Physician Practices and Medical Real Estate” – 2023 Physician Transactions Conference, March 9, 2023
  • Panel Discussion: “The Super-Hot Market for Physician Groups and Its Impact on Valuations” – 2022 Physician Transactions Conference, March 24, 2022
  • 2021 Healthcare M&A Report by VMG Health, Edited Chapters: “Ambulatory Surgery Centers,” “Behavioral Health Facilities,” and “Diagnostic Imaging Centers”
  • Panel Discussion: “Assessing the Strategic Options and Practice Value in the Wake of the Pandemic” – 2021 Physician Transactions Conference, April 6, 2021
  • Presentation: “Imaging Center Transactions: Valuation and Observations” – RBMA PaRADigm Conference, November 10, 2020
  • Panel Discussion: “What is the ‘Value’ of My Physician Group?” – 2020 Physician Transactions Conference, April 22, 2020
  • “Diagnostic Imaging Financial Due Diligence: 5 M&A Considerations,” by Chance Sherer and Joe Spano – VMG Health Website, March 25, 2020
  • “Radiology Groups: What to Consider When Selling Your Practice Chance,” by Chance Sherer and Stephen Schulte – VMG Health Website, May 8, 2018
  • “New Jersey Outpatient Surgery: New Rules, New Market,” by Chance Sherer and Devin Lawson – VMG Health Website, January 29, 2018
  • The Healthcare Executive’s Simple Guide to FMV, Edited by Jen Johnson, Authored Chapters: “Ambulatory Surgery Centers,” “Diagnostic Imaging Centers,” and “Radiation Therapy” – 2017
  • Presentation: “Key Trends in Valuing ASCs and Practices” by Chance Sherer and Clinton Flume – Becker’s ASC Review – Spine, Orthopedic and Pain Management-Driven ASC Conference, June 10, 2016
  • Presentation: “Ambulatory Surgery Centers: Valuation Process and Key Benchmarks” – GSASC/SCASCA Semi-Annual Conference & Trade Show, February 19, 2016
  • Presentation: Key Trends in Valuing ASCs and Practices. Chance Sherer and Clinton Flume. Becker’s ASC Review – Spine, Orthopedic and Pain Management-Driven ASC Conference, June 11, 2015
  • Presentation: “Valuation of Your ASC” by Chance Sherer and Aaron Murski – Ambulatory Surgery Center Association Annual Conference, May 15, 2015
  • Panel Discussion: “Business & Transactions” – American Bar Association Health Law Section: Emerging Issues in Health Care Law Conference, March 6, 2015
  • Presentation: “Key Trends in Valuing ASCs and Practices” by Chance Sherer and Clinton Flume – Becker’s ASC Review: Spine, Orthopedic and Pain Management-Driven ASC Conference, June 13, 2014
  • “Sound Practices in Imaging Valuations: What a Realistic Buyer/Seller Would Do,” by Chance Sherer and Carlos Zarazua – Imaging Biz, July 15, 2014.
  • Presentation: “Key Trends in Valuation ASCs and Practices” by Chance Sherer and Clinton Flume – Becker’s Spine Review Conference, June 12, 2014
  • “Public Company Reliance on Government Revenue Streams Must be Considered in Valuation,” by Chance Sherer and Taryn Nasr – Becker’s ASC Review, February 6, 2014
  • “5 Tips for ASCs to Optimize Accounts Receivable Identifications,” by Chance Sherer and Laura Miller – Becker’s ASC Review, February 22, 2013
  • “ASC Reimbursement Trends: On the Up and Up,” by Chance Sherer and Nikolaus Melder – Becker’s ASC Review, January 22, 2013
  • “VMG Health’s Intellimarker Trends: Staffing Expenses and Efficiencies” – Becker’s ASC Review, October 1, 2012
  • “3 Core Benchmarks for Every Surgery Center Identifications,” Chance Sherer and Rachel Fields – Becker’s ASC Review, May 29, 2012
  • “4 Benchmarks That ASC Leaders Commonly Overlook Identifications,” Chance Sherer, and Rachel Fields – Becker’s ASC Review, May 15, 2012
  • 2012 Intellimarker Multi-Specialty ASC Benchmarking Study, by Chance Sherer, Aaron Murski, Colin Park, and Jonathan Tyroch – VMG Health, May 2014
  • 2011 Intellimarker Multi-Specialty ASC Benchmarking Study by Chance Sherer, Aaron Murski, Colin Park, and Jonathan Tyroch – VMG Health, November 2011
  • 2010 Intellimarker Multi-Specialty ASC Benchmarking Study by Chance Sherer, Aaron Murski, Sarina Hickey, and Jonathan Tyroch – VMG Health, July 2010
  • Intellimarker Multi-Specialty ASC Benchmarking Study – Summary ASC Statistics 2009 by Chance Sherer, October 2009
  • 2009 Intellimarker Multi-Specialty ASC Benchmarking Study by Chance Sherer, Aaron Murski, and Jonathan Tyroch – VMG Health, June 2009
  • 2008 Intellimarker Multi-Specialty ASC Benchmarking Study by Chance Sherer and Aaron Murski – VMG Health, August 2008