As more regulations continue to squeeze the healthcare sector, ensuring compensation arrangements meet fair market value (FMV) standards is crucial for maintaining compliance and mitigating risk. With organizations growing and entering into more complex financial relationships, the need for scalable, consistent, and defensible FMV opinions and documentation is more important than ever—and they shouldn’t be difficult to get.
VMG Health’s automated and expert-supported solution, FMV-MD®, is designed to meet those needs, streamlining the FMV process while maintaining the depth and credibility expected from a trusted valuation partner. With transparent valuations, risk-modeling technology, and a team of experts to provide hands-on support, FMV-MD uncomplicates the FMV process and places control back in your hands.
The Value of FMV-MD
FMV-MD blends real-time automation with expert oversight, improving efficiency, reducing turnaround time, and bolstering critical documentation. Our solution provides users with rapid access to key data, instantly generated reports for low-risk opinions, and a streamlined process for enhanced workflow efficiency.
Defensible opinions don’t have to be out of reach; FMV-MD offers built-in risk assessments with each valuation, and its methodologies are continuously monitored by our industry experts to ensure compliance and accuracy at every turn.
FMV compliance and risk reduction are only the beginning: Expect risk reduction, quick turnarounds, enhanced documentation, and ongoing expert support. Our solution provides the support you need for confident negotiations, a centralized dashboard for managing your compliance workflow in one convenient location, and real-time updates to keep you informed and in control.
Real-World Results
Don’t just take our word for it—FMV-MD’s results speak for themselves. When deployed in healthcare organizations that need fast, reliable support, the solution can uncover significant cost savings on top of the accelerated timelines and instant FMV documentation it provides.
Case Study 1: Streamlining FMV Without Slowing Down
A national in-home healthcare provider was spending too much time and money on third-party FMV opinions—often with delayed results, high costs, and spotty documentation.
VMG Health provided much-needed support, reviewing the provider’s existing compensation setup and introducing FMV-MD. The software quickly generated FMV support for 94% of their agreements, flagging only the few that needed a closer look—eliminating waiting and guesswork.
The results are unmatched: faster workflows, stronger documentation, and an estimated $675,300 in value delivered—just by cutting down reliance on manual valuations. Now the provider has FMV documentation in place for every arrangement and a streamlined, scalable process they can count on.
Case Study 2: Enterprise-Wide Compliance & Cost Savings
A growing health system needed to modernize its FMV process, which had become costly and inefficient amid continued provider expansion. VMG Health stepped in to assess the system’s compensation arrangements—spanning on-call, medical directorships, and clinical roles—and introduced FMV-MD. Along with its instant FMV opinion generation, the software identified outlier arrangements that needed additional review, empowering the health system to focus expert resources where they were needed most.
This strategic shift resulted in an estimated $165,000 in annual valuation savings while ensuring enterprise-wide FMV adherence, faster turnaround times, and a more scalable, compliant approach to provider compensation.
Long-Term Benefits
FMV-MD offers lasting impact by creating a scalable framework that can be applied across departments and service lines, no matter the organization’s size or complexity. As your practice grows, the solution supports expansion while maintaining a strong compliance posture. Through the establishment of a consistent, repeatable process, FMV-MD reduces administrative burden and allows teams to focus on more strategic priorities instead of manual valuation tasks.
Conclusion
FMV-MD’s unique blend of automation and expert insight empowers organizations to manage FMV compliance with consistency and ease. Measurably increase value by lowering valuation costs, strengthening compliance, and boosting confidence in your compensation decisions.
It’s time to uncomplicate the FMV process. Revolutionize your compliance strategy with FMV-MD: Contact us to see how our solution can transform your valuation process.
