Contact us about Fair Market Value
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Pinnacle Fair Market Value: Simplify physician compensation
Determining appropriate and compliant physician salaries can be complicated. Diverse factors like the Stark Law and inconsistent internal payment policies can make it difficult to confidently approach physician compensation negotiations. Until now.
The Pinnacle Fair Market Value (FMV) program dramatically reduces the complexity of establishing physician fair market value. It also reduces the need for third-party consulting reviews (average ROI is 300%). Our program gives you more control over the process by providing powerful tools and proprietary information to help you make defensible decisions about physician relationships. The Pinnacle Fair Market Value Program is available in several formats:
NEW: Fair Market Value (FMV) Online
New online tool! Save thousands in consulting fees by instantly securing Physician Fair Market Value opinions for 60+ physician specialties. Get instant opinion letters; search our proprietary database, and much more.
Fair Market Value (FMV) Workbook
Our proprietary Workbook profiles FMV payment ranges for general employment, medical directorships and call arrangements for 60+ physician specialties. Use the data in the workbook to establish compensation terms, negotiate contracts and support compliance efforts while eliminating the need for costly consulting reviews. All published FMV payment ranges constitute our third-party opinion.
Fair Market Value (FMV) Network
The Pinnacle Fair Market Value Network is our national clearinghouse for data on hospital and physician relationships. Participating hospitals submit data on a range of professional service arrangements from employment and medical directorships to joint ventures and stipend payments. Data are validated, de-identified, and then offered to other participating hospitals through the network database.
You can access our network to gather real-time information about comparable arrangements at other hospitals and systems. Our proprietary data can help you with reviews, FMV determinations, strategic planning and development activities that comply with antitrust considerations.
Fair Market Value (FMV) Consulting
If your organization has a complex and sensitive arrangement for which data is not readily available, such as highly specialized physicians, one-of-a-kind clinical programs or recruiting challenges, Pinnacle can provide analysis and insight through our expert consultative and coaching services. Our consulting engagement includes rigorous review, analysis, and close coordination with hospital staff and legal counsel. The result is a focused opinion of fair market value along with an evaluation of related strategic issues.
Fair Market Value (FMV) Training/Coaching
The Pinnacle Fair Market Value program was created to make your job easier. As part of the program, we offer in-depth training in our methods so your internal staff can begin to evaluate commercially reasonable and compliant compensation arrangements on their own. In addition to our training session, your staff can also take advantage of coaching while they get comfortable using our resources. The ultimate goal is FMV self-sufficiency for your staff backed by our industry-leading data and tools.
The Pinnacle Fair Market Value program is endorsed by VHA Mountain States and by the Washington and Oregon hospital associations.
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