Written by: John Meindl, Brad Parker and Evangeline Lalangas (Gray Reed & McGraw LLP)
Published by: American Health Lawyers Association (AHLA)
The phrase “Fair Market Value” (“FMV”) is often touted amongst healthcare attorneys, but depending on the context it has a specific, defined meaning. Importantly, however, FMV is often the driving factor in identifying whether a particular transaction is compliant with federal (and sometimes state) regulations. It is thus important to understand how the FMV concept relates to these below-listed laws. The following regulations utilize the FMV standard, albeit using slightly different approaches:
