Assess whether related-party sales should be backed out of valuation (77020e)

SITUATION Integration-risk PMO in a health-system acquiring a specialty practice has one working extract — revenue-quality bridge from bookings to cash — after a contractor who actually wrote the core code. If revenue-quality bridge from bookings to cash cannot support related-party sales should be, the only defensible M&A Due Diligence output is hold.

DECISION Integration-risk PMO in a health-system acquiring a specialty practice must choose Proceed / Reprice / Walk / Hold using revenue-quality bridge from bookings to cash after a contractor who actually wrote the core code.

HYPOTHESES TO TEST 1. Revenue-quality bridge from bookings to cash reads as Proceed once a contractor who actually wrote the core code is lined up to the same M&A Due Diligence population. 2. Revenue-quality bridge from bookings to cash is closer to Reprice after a contractor who actually wrote the core code; Proceed would over-claim this Separation and Integration extract. 3. Walk is still live in revenue-quality bridge from bookings to cash for integration-risk PMO in a health-system acquiring a specialty practice. 4. Revenue-quality bridge from bookings to cash is missing the fact integration-risk PMO needs after a contractor who actually wrote the core code; stop this M&A Due Diligence close.

ANALYSIS REQUIRED 1. Name the document integration-risk PMO still needs before signing. 2. Test whether a contractor who actually wrote the core code is a diligence gap, a price chip, or a walk-away. 3. Separate a one-off add-back from a recurring earnings issue in revenue-quality bridge from bookings to cash. 4. For this M&A Due Diligence Separation and Integration file, read revenue-quality bridge from bookings to cash against a contractor who actually wrote the core code and write the one fact that would move related-party sales should be for integration-risk PMO.

RECOMMENDATION Choose Proceed / Reprice / Walk / Hold on this M&A Due Diligence / Separation and Integration packet (revenue-quality bridge from bookings to cash after a contractor who actually wrote the core code). Lead with the M&A Due Diligence option revenue-quality bridge from bookings to cash can support after a contractor who actually wrote the core code, then the two facts that force it, then the Monday action for integration-risk PMO in a health-system acquiring a specialty practice.

COMMAND RETURNS - Bottom-line M&A Due Diligence option on related-party sales should be, then the evidence in revenue-quality bridge from bookings to cash, then the action for integration-risk PMO - Hypothesis scorecard against revenue-quality bridge from bookings to cash: supported / rejected / untestable - Regulatory or exam hook Separation and Integration would cite - Separation and Integration finding in revenue-quality bridge from bookings to cash that a second reviewer can re-perform