The Complete Guide to Fair Market Value Under the Stark Regulations

Published in collaboration with American Association of Provider Compensation Professionals (AAPCP), this timely new Guide by healthcare valuation expert Timothy Smith delivers a critical and in-depth assessment of the new definitions of fair market value (FMV) under the recently updated regulations for the federal physician self-referral law – the Stark law.  The updated regulations make critical changes in how accepted valuation principles and practices are used to determine Stark FMV. One unique feature of this new Guide is that it provides the actual text of the public comments the Center for Medicare & Medicaid Services (CMS) responded to in the preamble commentary to the final Stark regulations. The Guide makes it easy for readers to understand the full extent of all issues brought to CMS in response to the agency’s proposed regulations on FMV. The Guide also presents CMS’ summary of these public comments and its responses to them. There is an entire section devoted to the examination all of the CMS commentary on various topics and issues, along with insightful analysis and discussion of its implications for healthcare valuation practice.