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 Industry Experience - Life Sciences and Healthcare




 Financial Reporting






 Asset Registers


Energy & Resources                           Manufacturing                                  Consumer Business & Transport

Technology, Media & Telecoms        Life Sciences & Healthcare          Real Estate-Building & Construction

Public Sector


Life Sciences and Healthcare


Health care is provided by both private and government institutions. It is a burgeoning industry with an ageing population and longer life expectancies driving demand for short- and long-term care.


Scientific, technological and clinical advancements have revolutionised the industry and resulted in new discoveries, diagnoses and treatments. This progression has brought rapid technological change and obsolescence in the medical equipment industry and the development of smaller, faster and more flexible medical equipment with more functionality.


Economic obsolescence  through environmental legislation of the Restriction of Hazardous Substances (RoHS) and the Waste Electrical and Electronic Equipment (WEEE) EU Directives have resulted in lead-free components being produced, making previous components obsolete. The value of fixed assets will be scrutinised as technological and economic obsolescence will affect carrying values through the effects of lower cost technology and environmental and regulatory legislation.


MitchellMunn understands the key valuation drivers affecting the value of the broad spectrum of healthcare assets and can provide;


  Asset register data establishment on business combination
  Allocation of purchase price at fair value for tax and accounting purposes
  Insurance valuations with cyclical updates
  Asset register reconstruction and reconciliation 
  Asset tagging services  including barcoding and rfid systems