Business Valuation Resources, LLC

BVR's Online Symposium on Healthcare Valuation: Part 4
The Anti-Kickback Statute and Stark Law: Avoiding Valuation of Referrals

Date: Tuesday, April 26, 2011
10:00am-11:40am PT / 1:00pm-2:40pm ET
Format: A BVR Webinar

Earn 2 CPE credits
Add this event to your calendar

Register for this program:
Webinar $139
OD Pack
Training Pack* $139
  Webinar and Training Pack* $199
Series Passes & Bundled Options:
OD Pack Option 1: All Access Pass to BVR's Webinar Series
on Healthcare Valuation

Receive dial-in instructions for all 2011 healthcare symposium installments
automatically & access to BVR's Healthcare Desktop Learning Center
  Option 2: All Access pass to the Series,
Plus The AHLA/BVR Guide to Healthcare Valuation

Receive dial-in instructions for all 2011 healthcare symposium installments
automatically, access to BVR's Healthcare Desktop Learning Center, and a
print edition of The AHLA/BVR Guide to Healthcare Valuation

Option 3: All Access pass to the Series,
Guide to Healthcare Valuation
& Access to our Online Guide

Receive dial-in instructions, access to the Healthcare Desktop Learning Center,
and print and online editions of The AHLA/BVR Guide to Healthcare Valuation

*Training Packs include: a complete recording and transcript with all presentation and reading materials
Please note: CPE credit is not available through Training Packs
More information is available below

Featuring (click image for more information):

James M. Pinna
Attorney at Law
Hunton & Williams

Matthew D. Jenkins
Attorney at Law
Hunton & Williams

Why You Should Attend:

The stipulations in the federal Anti-Kickback Statue and Stark Law that healthcare providers cannot exchange remuneration in return for referrals of federal healthcare program business has extensive consequences in the world of healthcare valuation. Indeed, as Jim Pinna and Matt Jenkins explain in the BVR/AHLA Guide to Healthcare Valuation "healthcare providers [must] be careful to avoid ascribing value to prior or anticipated referrals when structuring transactions involving business ventures providing services to beneficiaries of federal healthcare programs."

In the fourth installment of BVR’s Online Symposium on Healthcare Valuation Pinna and Jenkins join us for a 100-minute presentation explaining the challenges these regulations pose for appraisers. Through an examination of these laws, their histories, and the obstacle they pose to appraisers, Pinna and Jenkins will explain where to find and how to avoid potential landmines.


  • Overview of Anti-Kickback Statute and FMV implications
  • Overview of Stark Law and FMV implications
  • Overview of Tax Exempt Issues and FMV implications
  • Lessons Learned from Case Studies
    • Caracci Case Study (Implications of Valuation Methodologies)
    • UMDNJ Case Study (Administrative Service Compensation)
    • Covenant Medical Center Case Study (Employment Compensation)
    • Tuomey Hospital Case Study (Part Time Employment Compensation)
    • Bradford Medical Center Case Study (Acquisition of Ancillary Businesses)

Learning Objectives

  • Learn what the Stark Law and other statutes mean for the valuation process and the determination of value
  • Understand how best to avoid the valuation of referrals and other tricky appraisal problems
  • Learn how Stark and Anti-Kickback Statutes affect the valuation target in such areas as compensation, contracts, and acquisition of new business
  • Clarify what these laws mean for appraisers

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Have as many eyes and ears take advantage of your registered connections as possible:CPE credit is available for an unlimited number of listeners to any registered line. To add listeners for CPE credit, contact customer service ( or (503) 291-7963) with main registrant's name, the names of the persons to receive credit, and their email addresses. We welcome as many eyes and ears to take advantage of those connections as possible.

CPE Information

Prerequisites: Knowledge of Business Valuation
Program Level: Advanced
Preparation Required: None
Delivery Method: Group Internet-Based
Recommended CPE: 2 Credit Hours (Specialized Knowledge & Applications)

Business Valuation Resources, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417.
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For a complete list of available Training Packs from past webinars, click here.

The AHLA/BVR Guide to Healthcare Valuation, 2010 Edition

Co-published with the American Health Lawyers Association (AHLA), BVR’s Guide to Healthcare Valuation, 2010 edition has been updated to include the latest industry specific information and insight along with eight all new chapters, written by top healthcare appraisal experts. Valuation professionals will gain a great competitive advantage by familiarizing themselves with the principles and legislation details presented in this comprehensive guide before working on their next healthcare valuation.

OD Pack BVR's Online Symposium on Healthcare Valuation
The Anti-Kickback Statute and Stark Law: Avoiding Valuation of Referrals
Tuesday, April 26, 2011
Featuring: James Pinna and Matthew Jenkins
Valuing Management Services Contracts Between Physicians and Hospitals
Tuesday, May 24, 2011
Featuring: Randy Biernat
Valuing Clinical Co-Management Arrangements
Tuesday, June 21, 2011
Featuring: Greg Anderson and Ann Brandt
Lost Profits Damages in Medical Practices
Tuesday, July 19, 2011
Featuring: Mark Dietrich and Jim Lloyd
Fair Market Value: Ensuring Compliance within the Life Sciences
Tuesday, August 23, 2011
Featuring: Ann Brandt, Jason Ruchaber, and Tim Smith
Personal v. Professional Goodwill in Medical Practice Valuations
Tuesday, September 20, 2011
More information to come
Damages for Violating Noncompetes and Other Claims Involving Physicians, Hospitals & Healthcare Facilities
Tuesday, October 25, 2011
More information to come
Physician Compensation in an Era of High Demand and Limited Providers
Tuesday, November 29, 2011
More information to come
Accountable Care Organizations: What Are They and What Do You Need to Value?
Tuesday, December 13, 2011
More information to come
Past Programs
One Year Later: Assessing the Impact of Healthcare Reform on Value
Tuesday, January 25, 2011, 10:00am - 11:40am PT
Featuring: Mark Dietrich, Don Barbo & Greg Anderson
Imaging Centers: Lessons from an Industry Expert
Tuesday, February 15, 2011
Featuring: Douglas G. Smith
Ambulatory Surgery Centers: Current Valuations, Benchmarking, & Forecasting
Tuesday, March 22, 2011
Featuring: Todd J. Sorensen, Elliott Jeter, & Kevin McDonough

BVR's Satisfaction Guarantee:
Business Valuation Resources offers a 100% money-back guarantee. If you are not completely satisfied with your conference experience, or have any concerns or complaints, you may contact Business Valuation Resources at (503) 291-7963, or mail to BVR, LLC, 1000 SW Broadway, Suite 1200, Portland, OR 97205.