Medical Office Timeshare Appraisals by VMG Health
VMG Health helps simplify medical office timeshare complexity for fair market valuation. You’ll get our expert help – we handle physician compensation, real estate and medical equipment appraisal work streams with minimal involvement from management.
|VMG Health Medical Office Timeshare Valuations since 2014|
Medical Office Timeshares – Definition
Medical office timeshares refer to part-time medical office space lease arrangements between a tenant and a landlord. Medical office timeshares have become more prevalent as this type of arrangement provides a cost-effective way for medical providers to serve several geographic markets in a larger metropolitan area.
The Centers for Medicare and Medicaid Services (“CMS”) has established a new exception for medical office timeshares. In their “Proposed Policy, Payment, and Quality Provisions Changes to the Medicare Physician Fee Schedule for Calendar Year 2016”, they will permit timeshare arrangements for th euse of the office space, equipment, personnel items, supplies, and other services.
In its most basic form, a medical office timeshare is generally structured as a combined lease of some or all of the following:
- Medical office space
- Medical and office equipment
- Clinical and non-clinical staff
- Medical and office supplies
- Other items and services
Medical Office timeshares typically utilize partial space, are part-time in nature and are frequently structured as leases of specified blocks of time.
If you would like to discuss a specific medical office timeshare valuation issue or need, please contact John S. Trabold III, MAI or feel free to ask and expert.
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