Summary
In October, the Centers for Medicare and Medicaid Services (CMS) released its newly proposed updates to the Stark regulations that included an overhaul of the definition of fair market value (FMV) for regulatory compliance purposes. Surprisingly, CMS pointed to a whole new framework for FMV and valuation practice in general. To help practitioners prepare for the new paradigm, Tim Smith will do a deep dive into the proposed redefinition of FMV and how CMS now proposes to view valuation under the Stark law. It will examine CMS’ new definition in light of the valuation body of knowledge across the four major valuation disciplines, including business, compensation, M&E, and real estate valuation. Learn to identify missteps and positive steps in the proposed regulations, highlighting the apparent paradigm shift in the government’s thinking on standard valuation practice for regulatory compliance purposes.
Reconciling FMV with Investment Value: What’s Up with the Proposed Redefinition of FMV by Healthcare Regulators?
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