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Ophthalmology · Certified valuation

Ophthalmology Practice Valuation in California

A certified opinion of value that prices your surgical volume, optical dispensary, and premium lens revenue the way real eye care buyers do.

  • CVA Certified NACVA Valuation Analyst
  • USPAP Compliant Appraisal Reports
  • 500+ Valuations 45+ specialties

Normalizing an Eye Care P&L

Ophthalmology financials hide value in specific places. Owner compensation must be benchmarked against equivalent ophthalmologist replacement. Personal expenses run through the practice, family members on the payroll, off-market rent when the owner also owns the building, and one-time costs all need restating before EBITDA means anything. Premium IOL and refractive revenue get tested for durability: a strong conversion rate is an asset; a one-year marketing spike is noise. This normalization is where our 500+ engagements and our specialty membership in ASOA and AAOE pay off.

Three Approaches, Eye-Care Calibrated

The asset approach matters more in ophthalmology than most specialties: OCT, biometers, lasers, and lanes add up to a meaningful floor value. The market approach draws on eye care transactions specifically: PE platform deals, physician-to-physician sales, and our own engagement history. No comparable practice is identical to yours, so the multiples may get adjusted for differences like size and profitability before they are applied. The income approach capitalizes normalized cash flow at a rate reflecting your Medicare concentration, subspecialty mix, and provider leverage. Reconciled, documented, USPAP-compliant.

Purposes We Serve

Pre-sale pricing and PE offer second opinions; associate buy-ins (see buy-in valuation); divorce and shareholder matters, where high surgeon incomes make the goodwill number large and heavily contested; SBA financing; and gift & estate transfers. ASC units are valued alongside under ASC valuation. Ready to sell instead? See ophthalmology brokerage.

Three Engagement Tiers, One Standard

We scope the right tier on your discovery call, so you never pay for more report than your purpose requires.

Hourly Consulting

Scoped on your call

A second opinion without commissioning a full valuation. Physicians use it for an independent read on a private equity offer, a partner buy-in, or a purchase they are weighing before signing a letter of intent.

Most popular

Summary Report

Starting at $3,950

A professionally developed conclusion of value in a streamlined report, grounded in normalized financials and real market data, and prepared in compliance with USPAP. The right fit for exit planning, pricing a sale, or anchoring a partner buy-in. Our most common engagement.

Detailed Report

Starting at $7,500

The gold standard, with full documentation of data, methodology, and assumptions, prepared in compliance with USPAP. Required where the number will be challenged: divorce, shareholder disputes, and gift & estate tax filings.

A clear, three-step process

  1. 1

    Discovery Call

    A confidential conversation about your practice, your timeline, and the purpose of the valuation. We scope the right report tier before you commit to anything.

  2. 2

    Financial Analysis & Interviews

    We interview you and normalize your financials. Owner compensation, one-time expenses, and related-party leases all get restated. Typical turnaround: 1–2 weeks.

  3. 3

    Certified Opinion of Value

    You receive a defensible, USPAP-compliant conclusion of value, walked through line by line. The report is documented to withstand scrutiny from a buyer, a court, a partner, or a lender.

Want your number before buyers name theirs?

Certified eye care valuations in 1–2 weeks.

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

As its own line, tested for sustainability — co-management depends on referral relationships that may not transfer with the practice. Durable, contracted patterns support value; owner-personal relationships get risk-adjusted.

Significantly. Earnings produced by employed providers survive your exit; earnings requiring your hands don't. Provider leverage is one of the strongest multiple-movers in eye care valuations.

It compresses the income approach if your mix is cataract-concentrated — but premium conversion rates, clinic diagnostics, optical, and subspecialty lines offset it. The valuation quantifies your specific exposure instead of applying a sector-wide haircut.

Yes. Valuation engagements are handled remotely from our California office. We work from your financials, interview you by phone or video, and send you the finished report. We have completed valuations in more than 35 states, and an on-site visit can be arranged when an engagement calls for it. Many physicians have no local appraiser who focuses on medical practices, so working with a specialist remotely often serves you better than hiring a generalist nearby.

Price Every Layer of Your Practice

Surgical, clinic, and optical revenue in one certified valuation.

All inquiries are kept strictly confidential.