What Makes Healthcare FMV Different
The difference between a Healthcare Fair Market Valuation and a Fair Market Valuation in other industries is that in the healthcare industry there are regulations in place that are specific to it, while those other industries don’t necessarily need to abide by them.
In a Healthcare FMV, you can’t take into consideration the number of patients in a unit, a hospital, and other factors. It all goes back to what is in the best interest of the patient. Financial aspects of the transaction should not overshadow what is important to patients. This is why it is so important that a Healthcare FMV be performed by a competent advisor is a healthcare practice’s best defense against the potential of being severely penalized.
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