UPHealth: Healthcare & Financial Reporting
Mar 23, 2022
Valuation services provided to UpHealth included the purchase price allocation (FASB ASC 805) for each of the five entities and impairment testing (FASB ASC 350).
Marshall & Stevens was engaged to assist a long time client, Cloudbreak Health, with its merger with GigCapital2 (NYSE:GIX), a SPAC. That assignment grew to our being engaged to assist the SPAC with its merger with four other entities. The entity is now known as UpHealth, Inc. (NYSE:UPH).
Darleen Armour, ASA, Managing Director, Financial Valuation & Consulting, and her team in Los Angeles, and David Gaynor, ASA, CEIV, Managing Director, Healthcare Valuation, and his team in New York performed the requested valuation analyses.
