Managing Director, VMG Health
Colin McDermott, CFA, CPA/ABV is a managing director with VMG Health and is based in the Dallas office. He specializes in providing financial, valuation, and transaction advisory services to clients in the health care industry. His clients have included hospitals, hospital systems, ambulatory surgery centers, imaging centers, laboratories, physician groups, and other healthcare entities.
Mr. McDermott leads VMG Health’s accounting related valuation services team. Mr. McDermott has assisted numerous non-profit and for-profit clients with valuation analysis related to ASC 805 Business Combinations and has issued valuation opinions on the fair value of intellectual property and other intangible assets acquired as a result of the acquisition of acute care hospitals, ambulatory surgery centers, rehabilitation hospitals, and multi-specialty physician groups. Additionally, Mr. McDermott has assisted numerous health care clients with their annual impairment testing process as required by ASC 350 Intangibles – Goodwill and Other.
Prior to joining VMG Health, Mr. McDermott was Director in the Forensic and Litigation Consulting Group of FTI Consulting, Inc. Prior to FTI Consulting, Inc., Mr. McDermott was an associate in KPMG’s Forensic and Litigation Consulting Group. In those roles, Mr. McDermott provided valuation and advisory services to firms in various industries, including health care, manufacturing, energy, and telecommunications.
Mr. McDermott received a Bachelor of Business Administration in Accounting and a Master of Science in Finance from Texas A&M University. Mr. McDermott is a licensed Certified Public Accountant (CPA) in the state of Texas and holds the Chartered Financial Analyst (CFA) designation.