Five Benefits of Using a Healthcare FMV Platform.

Five Benefits of Using a Healthcare FMV Platform.

Our FMD-MD™ platform is a unique, web-based physician compensation platform that allows hospitals and healthcare entities to receive affordable and reliable physician fair market valuations instantly.

Fairness and Consistency: A healthcare FMV platform can provide a standardized, objective approach to determining FMV for physician compensation, which can help ensure that compensation is fair and consistent across the organization.

Regulatory Compliance: FMV determination is required by various regulatory bodies, including the Anti-Kickback Statute and the Stark Law. Using a healthcare FMV platform can help ensure that organizations are compliant with these regulations.

Cost Savings: By using a healthcare FMV platform, organizations can potentially save costs by avoiding overpayment or underpayment of physician compensation.

Improved Physician Retention: When physicians are compensated fairly and consistently, they are more likely to remain with an organization long-term, reducing turnover and the costs associated with recruitment and training.

Improved Reputation: Demonstrating that physician compensation is fair and compliant with regulations can improve an organization’s reputation, which can be beneficial for attracting both patients and employees.

Overall, using Carnahan Groups FMV-MD™ platform can help your organization ensure that physician compensation is fair, consistent, compliant with regulations, and cost-effective.

OpenAI (2023) ChatGPT. (Accessed 24 April 2023).