Imagine having your physician contract's salary cap suddenly questioned by regulators due to outdated benchmarks. In this episode, hosts Conrad Meyer and Rory Bellina from Chehardy Sherman Williams take you inside the world of Fair Market Value (FMV) in physician contracting. They break down how reliance on generic benchmarks—like the 50th percentile MGMA data—can lead to disputes with CMS and create compliance headaches for healthcare organizations.

Listeners will gain a clear understanding of FMV as an objective measure used to set physician compensation and avoid regulatory conflicts. Drawing on real-world case studies, Conrad and Rory reveal the pitfalls of using oversimplified or outdated contractual formulas and offer actionable strategies for reviewing and updating compensation benchmarks. They share expert tips on engaging FMV specialists, conducting regular audits, and incorporating robust legal reviews to safeguard contracts against costly disputes.

This conversation is a must-listen for healthcare executives, legal advisors, and contracting professionals looking to protect their organizations from regulatory challenges and ensure competitive, compliant compensation structures. Plus, get a sneak peek into our next episode where we explore high-stakes cases of healthcare fraud and the financial fallout of regulatory missteps.

Tune in now to learn how to secure your contracts and navigate the evolving landscape of FMV determinations in physician compensation.