Health Care Industry Brochure

Fair Market Value 2.0:  Continuous Physician Arrangement Auditing & Analytics

How risky are your physician arrangements?

Physician arrangements can be a prominent source of compliance risk to health care organizations, especially as the Office of Inspector General aggressively scrutinizes physician relationships with hospitals to identify Anti-Kickback Statute and Stark Law violations. Historically, fair market value (FMV) and commercial reasonableness studies have been costly and time-consuming.

That’s why we developed FMV 2.0 to help organizations assess and quickly reduce risk—usually in just 60 to 90 days. We understand you want a compliance program that identifies risk, operates efficiently and saves you time and money. Even better, you’d like the ability to effectively scrutinize your contracts and reduce the need for FMV studies.

How does it work?

Piqued your interest? Contact an advisor below and let's set up a time to discuss your organization's needs.

Frequently Asked Questions

What size of organization benefits from FMV 2.0?

Generally, FMV 2.0 is most beneficial for organizations with more than 100 physician arrangements.

How much time is required?

Data extraction, mapping and analysis usually can be completed within 60 to 90 days of being engaged.

How often is the information updated?

BKD can update the risk analysis on a quarterly or semiannual basis. In addition, we can issue a provisional score for new arrangements.

Can you model potential arrangements to assess risk?

Yes, BKD can leverage the model inputs to calculate an expected risk score.

Can you assist with complex, high-risk arrangements?

If your organization has complex, high-risk arrangements—or if FMV 2.0 identifies a high-risk arrangement—BKD’s professionals can perform a FMV study and provide a written assessment.

Randy Biernat

Partner
317.383.4000

Bryan Callahan

Director
317.383.4000

University of Kansas Hospital Authority

“BKD brings extensive expertise to the table, providing trusted advisors with whom we can dialogue through challenging issues to reach the correct conclusions. The firm always responds to pressing deadlines, and the entire team—from partners to staff—is willing to put in the time it takes to get things done right.”

— William H. Marting, Senior VP & CFO
University of Kansas Hospital Authority

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