Expert witness · Detailed Reports
Litigation Support for Medical Practice Valuation in California
Independent, USPAP-compliant valuation analysis for attorneys and physicians in disputes — built for cross-examination, not just for filing.
- CVA Certified NACVA Valuation Analyst
- USPAP Compliant Appraisal Reports
- 500+ Valuations 45+ specialties
When the Number Will Be Attacked
In litigation, a valuation isn't judged by how polished it looks — it's judged by whether it survives the other side's expert and a skeptical trier of fact. Nechay Advisors provides litigation support for disputes involving California medical practices and surgery centers: marital dissolution, partnership and shareholder conflicts, buy-sell enforcement, and damages analyses. Every engagement is performed to USPAP standards by Alexey Nechay, CVA, with documentation deep enough that each assumption has a source and each conclusion has a trail.
Matters We Support
- Marital dissolution. California is a community property state, and family courts divide professional goodwill as part of the community estate. We prepare Detailed Reports addressing date-of-separation versus date-of-trial value, controllable-cash-flow issues specific to physician-owned entities, and — where the standard of value or jurisdiction requires it — the split between enterprise and personal goodwill. See divorce valuation.
- Partnership & shareholder disputes. Buyout pricing under operating agreements, fair value versus fair market value standards, alleged distribution manipulation, and departing-partner disputes. See shareholder dispute valuation.
- Buy-sell agreement disputes. When the agreement's formula is ambiguous, stale, or contested, we provide the independent appraisal the agreement (or the court) requires.
- Damages & lost profits. Practice interruption, breach of contract, and restrictive covenant matters requiring normalized earnings analysis.
What Attorneys Get From Us
- A defensible Detailed Report — full methodology, data sources, and reconciliations of the three approaches (asset, market, income), prepared for adversarial review.
- Rebuttal analysis — critique of opposing expert reports: unsupported normalization, cherry-picked comps, misapplied discounts, and standard-of-value errors.
- Plain-English communication — the analysis explained so counsel, mediators, and the court can follow it. Complexity that can't be explained doesn't persuade.
- Responsiveness under deadline — clients consistently note that we deliver on compressed schedules; discovery and trial calendars don't wait, and neither do we.
Why Specialization Matters in Court
A generalist appraiser can be impeached on the basics of medical economics: payer mix, RVU-based compensation, Medi-Cal dynamics, corporate practice of medicine constraints, ASC distribution waterfalls. Because we value medical practices and ASCs exclusively — 500+ engagements across 45+ specialties — those lines of attack don't land. Specialization is itself a credibility asset for your case.
A clear, court-ready process
From conflict check to the witness stand — scoped to your case and built to survive the other side's expert.
- 1
Conflict Check & Scoping
A confidential call with counsel, a conflicts clearance, and an honest read on the matter. We scope the engagement up front — consulting expert or disclosed testifying expert — so the work product fits your strategy.
- 2
Analysis & Detailed Report
We support document discovery, normalize the financials, and reconcile the asset, market, and income approaches into a USPAP-compliant Detailed Report — every assumption sourced, every conclusion documented for adversarial review.
- 3
Deposition & Testimony
We rebut the opposing expert, prepare with your team, and testify at deposition and trial — explaining the number in plain English so it holds up under cross-examination.
Attorney on a deadline?
Send the case parameters — we’ll confirm scope, conflicts, and timeline within one business day.
Trusted by physicians across California
Real Google reviews from physicians and practice owners we have served. Read them on Google
“As a physician with partnership transaction of medical practice, he was an exceptional to guide me and advise me. He showed not only professionalism but also his eagerness to help and guide me through. Highly recommend him for any business valuation and transaction.”
Dr. Kyong Kim
Partnership transaction
“Fantastic valuation/appraisal specialist. I reached out to Alexey to help me evaluate a medical practice buy-in on short notice. He was able to work me into his schedule and accommodate my timeline despite how busy he was and provided crucial insight into helping me decide my next steps.”
Dr. Xuan Cao
Medical practice buy-in
“They get 5 stars across the board. Alexey was extremely thorough and detailed oriented. He did a deep dive into my practice’s financials, coding and practice history. He was easily approachable and prompt in answering questions and in completing the Appraisal. I am confident in the results and I would highly recommend him to any physician/practice for an appraisal.”
Dr. Robert Sacks
Ophthalmology practice
“I called Nechay as I was navigating the potential of selling my practice, and I had a lot of questions about my various offers for sale. Nechay was so responsive, methodical, and educational. He really allowed me to understand the landscape of selling my practice. He is an effective communicator, very patient on the phone and obviously extremely knowledgeable. I will be hiring him to help complete my transactions!”
Dr. Garima Lal
Evaluating sale offers
“I hired Nechay Appraisals to value my ophthalmology practice last year and couldn’t have been more impressed. From start to finish, Alexey was fantastic to work with. The end result was a highly professional and polished valuation report that provided valuable insights on the current state of my business.”
Dr. David Salvay
Ophthalmology practice valuation
“Alexey has been an excellent asset in evaluating our practice. His experience and practice suggestions have helped us tremendously. His working knowledge of medical practice evaluation and application of these skills is second to none. He is always readily available at a moment’s notice.”
Dr. Elio Vento
Practice evaluation
“Very attentive. Quick to respond. Knowledgeable.”
Dr. Betty Daniels
“Very professional, responsive and creates an excellent report and is accessible. Thank you!”
Dr. Daniel Laroche
“Alexey is very professional and a pleasure to work with. I was under time constraints and he completed his review on time despite those additional pressures.”
Dr. Charles Jackson
“Nechay listened carefully and provided objective feedback tailored to my specific situation. His honest communication and expertise made a complex process much easier. I highly recommend him.”
Dr. Maria Soledad Romero
“Highly recommend! From start to finish, he demonstrated expertise, professionalism, and genuine care. Not only did he deliver a thorough, well-researched valuation report, but he also took the time to explain key findings, offer strategic advice, and answered all our questions — even talked to our accountant and bookkeeper to dig deep into our situation.”
Dr. Alicia Sanchez
Medical practice valuation
“We hired Nechay Appraisals to value our ophthalmology practice the year before last and couldn’t have been more impressed. From start to finish, Alexey was fantastic to work with. He was very organized and very patient with us as we gathered what he needed. Every week he would check in to make sure everything was on track. We are getting ready to utilize his services again and are looking forward to working with him.”
Jenna Keller
Ophthalmology practice valuation
“I greatly appreciate the help from Alexey. The process was easy and the information was invaluable. The data provided was comprehensive and gave me perspective of my company that I was not aware of. I highly recommend Alexey and his company.”
Dr. Linh Ngo
Medical practice valuation
Frequently asked questions
Either, scoped at engagement. Some counsel retain us as consulting experts for settlement strategy and rebuttal; others disclose us as testifying experts. The analysis is built to the same standard regardless, because consulting work has a way of becoming testimony.
Yes. Rebuttal-only engagements are common — we audit normalization adjustments, comparable selection, discount rates, and standard-of-value application, and document where the opposing conclusion fails its own methodology.
Fair market value assumes a hypothetical willing buyer and seller and typically permits minority discounts. Fair value — the standard in many California shareholder remedies — often excludes those discounts. Applying the wrong standard is one of the most common, and most fatal, expert errors; we get it right and put it in writing.
Yes, where the parties stipulate to a joint or court-appointed neutral. Our independence and USPAP compliance make us a frequent fit for that role, and it usually saves both sides substantial cost.
Standard turnaround is 1–2 weeks after we receive complete documents. We have repeatedly delivered under compressed litigation timelines — tell us your dates on the first call and we’ll commit honestly.
Bring a Valuation Built for Cross-Examination
USPAP-compliant analysis from a CVA who specializes in valuing medical practices and surgery centers.
All inquiries are kept strictly confidential.