Determining FMV can be difficult. Faced with a broad spectrum of services, healthcare organizations use two approaches–the market approach and the cost approach.
Paying a physician within fair market value range for their services is a key component of what it means for an arrangement to be compliant.
This week, let’s discuss the legislature related to the corporate practice of medicine.
The stricter an organization is about defining, determining, and documenting fair market value for every arrangement, the better.
The best way to start engaging physicians in your compliance and legal programs is to get to know them.
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