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Searching for Doctor McDreamy: Specialty Hospitalist Arrangements and Fair Market Value

November 21, 2017 Andrew L. Worthington

Published: 11/21/2017 | Author: Andrew L. Worthington

The combination of healthcare industry consolidation and physician shortages can leave hospitals with few options to secure coverage by specialist physicians. Oftentimes, the traditional on-call arrangement may not be sufficient to secure consistent coverage of hospital-based service lines. [...]

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42 Million Reasons to Consider FMV in Marketing Arrangements

Published: 11/10/2017 | Authors: Daniel Levin, CFA & Nicholas Janiga, ASA

Over the past few years, marketing arrangements have drawn increased scrutiny from government regulators.  As an example, on June 28, 2017, the United States Department of Justice announced that a hospital located in Los Angeles, California had agreed to pay $42 million [...]

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President Trump, the Opioid Crisis, and Fair Market Value

October 31, 2017 Luis Argueso

Published: 10/31/2017 | Author: Luis A. Argueso 

On October 26, 2017, President Trump declared that opioid addiction represented a “public health emergency,” as reported by the Wall Street Journal. Concurrent with this declaration, the administration outlined steps that it would take to ameliorate the harm caused by the opioid crisis. One such [...]

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Call Coverage: Version 2.0

October 12, 2017 Cindy Alvarez, JD

LOOK BACK TO MOVE FORWARD

Historically, hospitals relied on physicians to provide call coverage without compensation. Over the years, the industry has changed, and physicians have become less willing to provide on-call coverage without some form of remuneration. Faced with these new demands, hospitals struggle to secure adequate coverage to [...]

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FMVantage Point: Maximizing Compensation for Graduate Medical Education Services Arrangements

October 04, 2017 Erica Jankelovitz, JD

Published: October 4, 2017 | Author: Erica Jankelovitz, JD

Graduate medical education (“GME”) is the general label used to describe postdoctoral physician training.  Prevalent manifestations of such training, which typically takes place in a hospital or hospital-sponsored setting, include internship, residency, and fellowship programs.  In [...]

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Shifting Paradigms? The Potential Impact of MACRA On What Constitutes Fair Market Value and Commercial Reasonableness in Physician Transactions

September 20, 2017 Andrea Ferrari, JD, MPH

On November 4, 2016, the Centers for Medicare & Medicaid Services (CMS) published its “final rule with comment period” implementing the Medicare Access and CHIP Reauthorization Act (MACRA).1 This highly-anticipated final rule set forth new details, conditions, and timelines for the physician payment changes that will follow from MACRA, which [...]

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