Healthcare Valuation Expert Todd Mello Joins FTI Consulting as a Senior Managing Director

Rhea-AI Summary

FTI Consulting (FCN) announced the appointment of Todd Mello as Senior Managing Director and leader of its Valuation Services group within the Health Solutions practice. Mello, with 30 years of experience in valuation and transactions, has worked extensively with healthcare systems, pharmaceutical, and medical device companies. His expertise includes appraisals of business enterprises and fair market value determinations. The firm aims to enhance its capabilities amidst a growing demand for healthcare valuation services due to increased business combinations in the sector.

Positive

• Appointment of Todd Mello as Senior Managing Director to lead Valuation Services, enhancing healthcare valuation capabilities.
• Mello brings 30 years of valuation and transaction experience, which could strengthen FTI's position in the healthcare market.

Negative

• None.

WASHINGTON, Sept. 22, 2020 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced continued investment in its healthcare valuation capabilities with the appointment of Todd Mello as a Senior Managing Director and Leader of the Valuation Services group within the firm’s Health Solutions practice.

Based in Brentwood, Tenn., Mr. Mello brings 30 years of valuation and transactions experience, 10 of which were spent in the managed care, physician practice management and investment banking fields.

“Valuation is a complex process that requires a skillful blend of analysis, industry experience and well-founded judgment,” said Tim Renjilian, a Senior Managing Director in the Health Solutions practice at FTI Consulting. “Our Valuation Services team has assisted some of the largest healthcare systems, pharmaceutical companies and medical device companies across the U.S. The current environment is driving even more business combinations and innovative collaborations in the industry, and Todd will enhance our ability to help clients manage the related risks and opportunities. It is my pleasure to welcome him to the team.”

Mr. Mello has conducted appraisals of business enterprises, particularly ambulatory surgery centers and physician practices, and has extensive experience determining fair market value (“FMV”) and commercial reasonableness of clinical and administrative compensation arrangements, management and professional services agreements, and a host of other agreements and transactions. He has also served as an investment banker and held transactional roles, assisting practice management companies in identifying and acquiring select practices.

Prior to joining FTI Consulting, Mr. Mello co-founded a national boutique healthcare valuation firm, which he managed through its first 17 years of growth. During this period, he led the firm’s business valuation practice, served as an expert witness and managed FMV opinions on thousands of compensation arrangements. He also served as a partner and board member.

“My approach to valuation includes developing sound, defensible opinions, while structuring arrangements that are in accordance with clients’ operational and strategic objectives,” Mr. Mello said. “I am excited to join FTI Consulting’s Health Solutions team and leverage this approach to assist clients with their unique valuation needs.”

About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. With more than 5,800 employees located in 27 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The Company generated $2.35 billion in revenues during fiscal year 2019. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.

FTI Consulting, Inc.
555 12th Street NW
Washington, DC 20004
+1.202.312.9100

Investor Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com 

Media Contact:
Matthew Bashalany
+1.617.897.1545
matthew.bashalany@fticonsulting.com 

FAQ

What recent appointment was announced by FTI Consulting (FCN)?

FTI Consulting announced the appointment of Todd Mello as Senior Managing Director and leader of its Valuation Services group.

What experience does Todd Mello bring to FTI Consulting (FCN)?

Todd Mello brings 30 years of experience in valuation and transactions, specifically in managed care and physician practice management.

How could the new appointment of Todd Mello impact FTI Consulting (FCN)?

Mello's extensive experience may enhance FTI Consulting's capabilities in the healthcare valuation sector, addressing increased demand for services.

What is the focus of FTI Consulting's Health Solutions practice after the recent appointment?

The Health Solutions practice aims to assist clients with valuation needs amidst a growing trend of business combinations in the healthcare sector.