When the case turns on how a medical practice pays its owners — distributions, buy-outs, compensation formulas, lost earnings — counsel needs an analyst fluent in both the accounting and the healthcare economics. That intersection is this practice.
Most financial experts can read a general ledger. Far fewer understand how a medical practice actually distributes money: productivity-based compensation formulas, partnership buy-ins and buy-outs, ancillary revenue splits, reasonable compensation for owner-physicians, and the S corporation and pass-through structures these arrangements live inside.
Geppert CPA provides expert analysis in disputes where that understanding is the case: physician partnership and shareholder disputes, compensation and distribution disagreements, practice separation economics, lost-earnings analysis for high-earning professionals, and the financial issues embedded in healthcare business divorces of every kind.
Founder Peter Geppert is a licensed CPA holding a Master of Health Services Administration and a Master of Accounting, with a corporate strategy and finance background inside a major health insurer — the payor-side vantage most practice-side experts never see.
Consulting expert. Behind-the-scenes analysis for counsel: reconstructing distribution histories, testing a compensation formula against the partnership agreement, quantifying damages scenarios, preparing deposition questions on financial issues, and stress-testing the opposing expert's work. Work product typically remains protected, and this is where many engagements deliver the most value per dollar.
Analysis & reports. Damages calculations, lost-earnings models, distribution and compensation analyses, and the supporting schedules — documented to professional standards, built to be examined.
Representative matter: engaged on behalf of an anesthesiologist in litigation against former practice partners over distributions — reconstructing multi-year distribution history against the operative agreements and quantifying the shortfall.
Litigation engagements begin with a conflicts check — send party names before any case detail. From there: an engagement letter with counsel or client, a retainer, and time-based billing at rates quoted up front, as is customary for litigation support. Document review and analysis are handled virtually; matters accepted in Maryland and nationally.
Related: financial investigation outside of active litigation is handled through our forensic accounting practice.
What kinds of cases do you take?
Disputes where physician-practice economics or owner compensation are central: partnership and shareholder disputes, distribution disagreements, practice separations, and lost-earnings analysis for high-earning professionals. Outside that specialty, we'll say so quickly — and can often suggest a better-fit expert.
Do you work for plaintiffs or defendants?
Either. The analysis is the analysis — engagements are accepted based on conflicts and fit, not side.
How are litigation engagements billed?
Time-based billing with a retainer, at rates quoted before engagement — the customary structure for litigation support, unlike the flat fees used elsewhere in the practice.
What's the first step?
A conflicts check: email the party names and court or matter type. If clear, a short call with counsel scopes the questions, timeline, and budget.
Email party names and matter type to pgeppert@geppertpartnersllc.com — you'll have an answer, and if clear, a scoping call, within one business day.