After creating the pharmacy valuation product in 1995 to facilitate the first pharmacy loan after the wholesaler guarantee, Medici Capital went on to be instrumental in the creation of a pharmacy lending policy nation-wide across a number of financial institutions and lending groups. As part of this process, the pharmacy valuation policy was created.
Some key Medici Capital valuation credentials include:
- Member of the valuation panel for all major banks throughout Australia;
- Accredited valuer to conduct valuations throughout Australia;
- 32+ years experience in the pharmacy industry throughout Australia;
- Strict confidentiality policy: we will not reveal the names of our clients, who we conduct work for, or provide any information about a valuation unless you allow us to do so;
- Proven and trusted valuation procedures that have been systematised to ensure we can produce consistent and verifiable valuations;
- In-house IT department that provide constant updates and developments to our analysis, benchmarking and reporting tools;
- We will not conduct a valuation in the event that we determine there to be a conflict of interest. (In most cases, since we are not accountants or financial advisors to the client, we will not have a conflict.);
- All valuations are reviewed using both an automated and manual quality control procedure to ensure that any anomalies or extra-ordinary items are reported on;
- All valuations are signed by our director, Frank Sirianni; and
- We wrote the valuation and lending policy that is used by many banking and financial institutions in the health space today.
