The IRS, OIG and valuation industry have set well-defined standards for FMV (Fair Market Value) in typical physician/hospital transactions. That said, in our consulting practice, we often encounter situations that can cause problems when handled incorrectly. Reaching the Upper Limits Most FMV physician compensation arrangements are based on national data broken down geographically and into […]
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Are you feeling pressure from your physicians to pay for call coverage? You are not alone. Call coverage compensation has been an increasingly salient issue for many of our clients. Avoid these common mistakes: Making one deal at a time Reacting separately to each physician’s situation is one of the biggest mistakes hospital executives make. […]
In an era of declining reimbursement, decision makers have become more worried that their organizations cannot continue to sustain the losses in their employed physician network. This has lead to numerous calls from decision makers asking our firm to evaluate all aspects of their employed network, from the overall strategy, to how the individual practices […]
“But what should I be doing NOW?” Several CEOs have asked us that question, as they struggle with how to make an effective transition from a market that incents volume to one that incents quality and efficiency. We can’t stress enough the importance of preparing NOW for the new incentive structure. Those that aren’t are […]