VMG Health’s Compensation Valuation division has been honored to provide fair market value (FMV) opinions for hundreds of organizations within the healthcare industry across a wide variety of arrangements. With over 30 years of experience partnering with our clients, we’ve witnessed the growing administrative burden and rising costs of managing the FMV process. Getting FMV opinions in healthcare should be a straightforward process, ensuring reliability and compliance without unnecessary complications. We’ve listened, we’ve learned, and our industry experts created FMV-MD™ to simplify and streamline the process for you.
FMV-MD™: Redefining Efficiency with Reliable FMV Solutions
FMV-MD™ is a specialized software solution designed to streamline and standardize the valuation management process. This platform serves as a centralized hub where healthcare organizations can document, manage, and track FMV of provider service agreements.
FMV-MD™ was developed to solve for the major roadblocks to an efficient FMV process:
Workflow Management for the FMV Opinion Process
FMV-MD™ puts you back in control of the FMV opinion process. The platform’s workflow management capabilities help organizations establish and maintain consistent processes for handling valuations. Key features include:
- Customizable workflow templates that align with organizational requirements
- Automated task assignments
- Notifications for when contracts are set to expire
- Clear visibility into process bottlenecks and status updates
- Built-in approval chains and documentation trails
Centralizing Data & FMV Processes
We know from experience how hard it can be to establish and maintain a centralized approach to contracts and FMV opinions in healthcare. That’s why FMV-MD™ provides organizations with a unified platform that eliminates the need for multiple, disconnected systems. By centralizing the valuation data and processes, organizations can:
- Maintain a single source of truth for all valuation-related information.
- Access historical data and documentation from one secure location.
- Reduce data redundancy and inconsistencies across the organization.
- Ensure all stakeholders work with the most current information.
Faster FMV Opinions
FMV-MD™ accelerates the valuation process through:
- Automated calculations and data processing
- Pre-populated templates and standardized forms
- Real-time collaboration tools
- Instant access to historical data and comparable values
- Automated report generation for low-risk opinions
Credible & Compliant Results
FMV-MD™ was developed to be an efficient, automated solution backed by the valuation experts you trust. This software utilizes compliant valuation methodologies for determining FMV and is continuously monitored by our valuation professionals. Key features of the software include:
- Stoplight methodology that easily explains arrangement risk through green, yellow, and red opinions
- Built-in guard rails and validation checks to ensure compliant valuation results
- Regular updates to reflect changes in valuation methodologies
- Professional reports supporting each valuation opinion generated
What Are Clients Saying?
FMV-MD™ users report that the software transforms how their organizations handle valuation needs. Our secure and compliant FMV solution provides them with comprehensive control over their compensation process while significantly reducing compliance costs. One health system indicated saving tens of thousands of dollars by reducing outside consulting needs. The platform provides instant access to market data, enabling more informed decision-making across the organization. When it comes to determining fair market value, FMV-MD™ stands out as the most efficient approach available. With proven valuation methods that have stood the test of time, users benefit from direct access to industry experts who can provide guidance and insights whenever needed.
Revolutionizing Your Valuation Management
FMV-MD™ transforms how healthcare organizations approach the FMV opinion process. By streamlining workflows, centralizing data, and ensuring credible, compliant results, our innovative platform empowers healthcare organizations to save time, reduce costs, and maintain compliance with confidence.
Getting reliable FMV opinions in healthcare shouldn’t be difficult. Let FMV-MD™ revolutionize your valuation process. Contact VMG Health to explore how our comprehensive solution can address your organization’s unique challenges and set a new standard for efficiency and effectiveness.