The New Stark FMV is a Game Changer: The Rejection of “Survey Says” for Stark-Compliant Physician Compensation

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Training Event Transcripts
September 15, 2022
Timothy R. Smith, CPA/ABV
physician compensation, fair market value (FMV), healthcare, stark law, compensation


This two-part BVR webinar series provides a critical and in-depth assessment of the new definitions of fair market value under the regulations for the federal physician self-referral law commonly known as “Stark.” Many in the healthcare valuation industry have viewed the updated definitions, along with new commentary from the Center for Medicare & Medicaid Services (CMS), as promoting “business as usual” for healthcare valuation practice. Timothy Smith, however, begs to differ. Smith was a major public commenter to CMS during its recent update of the Stark regulations on FMV matters. After spending significant time analyzing CMS’ new definitions and commentary, he believes these updates usher in critical changes in how accepted valuation principles and practices are used to determine Stark FMV. Smith believes the new Stark FMV is an overall game-changer for healthcare valuation.
The New Stark FMV is a Game-Changer, Part 2
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