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The concept of Fair Market Value

  1. Why is the concept of Fair Market Value important in healthcare transactions? How is it different in the healthcare context than other industries?
  2. Why is it important to document the process and results of your fair market value analysis?
  3. Explain the concept of “commercially reasonable” and why it is used in evaluating healthcare transactions.
  4. Why would the government be concerned about patients getting freebies? When might it be in the government’s best interest to allow such gifts and to prohibit such gifts?
  5. Using the LEIE Database, find one provider from Fort Worth and one provider from Dallas that is currently excluded from participating in Federal Healthcare programs.