Imaging centers commonly bill for services globally and negotiate compensation rates with radiologists as a percentage of collections or net revenues. The Fair Market Value of compensation rates for professional radiology services can vary substantially from market to market.
Physician practices often have to bring in surgical specialists to work part-time when there are special medical needs. There are referral relationships between generalists and specialists, so it is important to ensure that financial relationships are consistent with Fair Market Value (FMV).
Healthcare spending in the United States is projected to surpass $3.82 trillion in 2019. Many Americans have preconceptions about how this 18.7% of our GDP will be spent. (more…)
Physician needs analysis is a tricky endeavor, but it is necessary for recruitment assistance, not-for-profit hospital community needs reporting, and anti-trust market analysis. The core of this analysis is focused on ratio of physicians-to-population for target specialties within the primary and secondary service market.
The ratio of Work-to-Total RVUs is an excellent proxy for normalized compensation-to-collections ratios. But what do you do when physician collections are not normal? (more…)
The Provider Utilization & RVU Analysis Data subscription is massive with 687,000 healthcare professionals. Here are three real uses for the data.
A huge wave of 1,800 new ambulatory surgery centers opened between 2003 and 2007. With an average life cycle of 10 to 12 years, that generation of ASCs is winding down, and a new generation of ASCs is beginning. It is time to start developing Ambulatory Surgery Center Pro Formas again. (more…)
Healthcare spending in the United States is projected to surpass $3.67 trillion in 2018. Many Americans have preconceptions about how this 19.5% of our GDP will be spent. (more…)
The U.S. Bureau of Labor Statistics will start surveying compensation for 15 different physician specialties starting in 2018. This change is part of an update to BOLS’ Standard Occupational Classification codes. (more…)
The persistent presence of out-of-network benefits in employers’ health plans has resulted in continued disputes between insurers and providers over pricing. Ultimately, when insurers and providers end up in court, everyone wants to know the Fair Market Value of payment for services. (more…)
Professional healthcare management arrangements have a long history, dating back to the founding of HCA and Tenet Healthcare in the 1960s. These arrangements are now widespread. Health systems and professional management companies are managing hospitals, physician practices, and joint ventures. (more…)
A non-compete provision is a contractual agreement wherein one party agrees not to compete with another party for a set period of time. The growth in physician employment over the past decade has given rise to increased litigation risk stemming from employment contracts and practice sale agreements. (more…)
During this webinar, guest speaker Emily A. Johnson of law firm McDonald Hopkins discussed regulatory issues affecting pathologists and clinical laboratory businesses.
By Perry Bacalis, Carr Healthcare Realty
The current commercial real estate market has been dramatically affected by the economy in the past several years. This has resulted in a very favorable environment for tenants, as landlords are extremely motivated to attract new tenants and retain existing ones—especially high quality tenants such as medical practices. (more…)
Healthcare spending in the United States surpassed $3.4 trillion in 2016. Many Americans have preconceptions about how this 19% of our GDP is spent. (more…)
Approximately half of the community hospitals in the United States are not-for-profit organizations. These hospitals have also elected to operate exclusively for charitable purposes, having secured substantial tax benefits by being recognized accordingly as tax-exempt under Internal Revenue Code section 501(c)(3). In this article, attorneys Carlene Y. Lowry and Craig R. McPike of the law firm Snell & Wilmer in Phoenix discuss special joint venture topics pertaining to not-for-profit charitable organizations. (more…)