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In employing physicians for administrative services, hospitals, long-term care facilities, pharmaceutical and device manufacturers, and other healthcare providers have established a payment structure which has recently been attracting increased regulatory activity. As with many facets of physician compensation, though, these arrangements and their valuation confront a complex set of issues regarding legal, regulatory, and economic considerations. Each of these plays an important part in the valuation process, from methodology through standards of value. In part 12 of BVR's Online Symposium on Healthcare Valuation experts Andrea Ferrari and Tim Smith confront these head on, with a critical examination on physician administrative compensation.
Program Agenda
Legal and regulatory issues to consider
Identifying and analyzing the scope of services
Selecting and applying the appropriate valuation methodology to determine the fair market value (FMV)
Arriving at an FMV range based on consideration of all relevant facts and circumstances
Learning Objectives
Learn how changes in the legal and regulatory environments have impacted administrative services
Learn how to identify and analyze the scope of services
Learn which methodologies are most appropriate for determining FMV
Learn which information can influence the range of FMV
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