Hospital and Healthcare Valuation in Thailand. For this type of valuation, there is a relation between machinery, medical equipment valuation, and hospital business valuation. However, please note that they are entirely different. The valuation method used for hospital appraisal is the ‘Income Approach’. The main essential variables are the number of rooms, beds, IPD, OPD, occupancy rate, the average rate of the service day, and the room rate for both single and shared spaces. On the other hand, on the side of expenses, the factors that will be brought to the table for consideration are medical fees, employee salary, maintenance fee, cost of medicine, drug and service, etc. The document required in this type of property valuation is all previous performance results in which an interview might be conducted with the responsible party.