Image of Matthew R. West, ASA, smiling

Matthew R. West, ASA

Practice Leader


Energy & Infrastructure

Principal & Executive Managing Director



[email protected]


Matthew R. West, is a Principal and Executive Managing Director with Marshall & Stevens Incorporated.  He serves as National Practice Leader for the Healthcare Practice and the Energy & Infrastructure Practice. He is also active in the Financial Valuation & Consulting Practice.

Mr. West specializes in the valuation of healthcare systems, physician practices, business enterprises, debt and equity instruments, and intangible assets. Analyses performed are used for compliance and consulting purposes including buy/sell consideration, purchase price allocation (FASB ASC 805), capital stock/stock option valuations (IRC 409A, FASB ASC 718), impairment (FASB ASC 350), estate and gift tax reporting, ESOP formation and reporting, and financial reporting of complex financial instruments including auction-rate securities (FASB ASC 820). He also leads Fairness Opinion engagements.

Mr. West has a specialty in the valuation of dialysis centers and practices.

Mr. West has provided expert witness testimony in valuation and economic damage assessments on separate occasions in the states of Colorado and Oklahoma.

Mr. West earned a Master’s in Business Administration with an emphasis in Accounting and Taxation from St.  Louis University and a Bachelor of Science in Business Administration and Finance from the University of Kansas. 

Mr. West is an Accredited Senior Appraiser (“ASA”) of the American Society of Appraisers, in the Business Valuation discipline and in Intangible Asset Valuation.  He has also received a Certification of Completion, American Society of Appraisers— Advanced Multidisciplinary Healthcare Valuation Education Program.

Professional Highlights

  • Marshall & Stevens, Inc.
    Executive Managing Director, 2002-present
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