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Assessing physician compensation is a critical component in valuing a physician practice. Many external factors, including the COVID-19 pandemic and proposed changes to the Medicare Physician Fee Schedule, have had and will continue to have significant impacts on physician compensation and associated practice valuations. In this discussion, Derek Long and Katie Culver will explain how physician compensation is analyzed in the context of valuation along with various factors that can influence it, both internally and externally. Participants will learn about various methodologies to assessing physician compensation, the current environment impacting physician compensation, and its role with valuation analyses.
Program Agenda
Review rapid changes within the past year
Increased scrutiny of healthcare transactions
Significant and recent settlements with the federal government related to False Claims Act will be provided
Considerations related to healthcare transactions based upon experience interacting with the Department of Justice.
Alignment trends while outlining prevailing compensation models and physician services arrangements. \
The current environment impacting physician compensation
Key insights with regards to physician resources during and after the pandemic
Provide brief overviews of the proposed Medicare Physician Fee Schedule Final Rule
Upcoming changes to the Stark Law regulations and their potential implications on physician compensation.
Learning Objectives
Describe applicable healthcare regulatory environment and demand for healthcare transaction valuation services
Explain significant and recent settlements with the federal government related to False Claims Act
Evaluate key valuation and compliance related insights garnered from work with the DOJ
Summarize the current environment impacting provider compensation associated with the pandemic
Understand fair market value considerations of physician compensation in the wake of COVID-19
List upcoming regulatory changes and their potential impacts on physician compensation
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