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| Health Care Auditing Strategies |
| June 2008 |
| Examine FMV for physicians in administrative roles |
| Placing physicians in paid positions for administrative roles requires great care because failure to set compensation at fair market value (FMV) could result in criminal or civil penalties based on healthcare fraud and abuse laws. If an agreement between a physician and healthcare organization is audited by federal or state healthcare authorities, the analytical process and documentation to justify the payment of FMV will be essential in defending the physician's compensation level. |
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