Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / medical-director-fmv-analysis.docx
medical-director-fmv-analysis.docx
Parties
Harkness LLP
Officer Arbor Health Technologies Inc
Arbor Health Technologies Inc
Associates LLP
Northbridge Valuation Advisors LLC
Ridgeline Capital Advisors LLC
Westbrook Hale LLP
The Halsted Accounting Group LLP
Dates
May 19, 2023
January 24, 2023
December 12, 2022
August 15, 2022
January 19, 2021
Amounts
$11.4
$501.28
$1.92
$214.3
$130.7
$185
$18.2
$10.9
$45,000
$60,000
Obligations
Because these ancillary services constitute DHS under the Stark Law, the referral relationship between the medical director and the entity to which the referral is made (AHT) creates a financial relationship that must be protected by a Stark Law exception
FMV Legal Standard Under both the AKS personal services safe harbor and the Stark Law personal services exception, physician compensation must be consistent with FMV
Significantly, CMS confirmed that FMV must be assessed at the time the parties enter the arrangement and that FMV must be determined "without regard to the volume or value of referrals or other business generated by the referring physician for the entity furnishing the DHS
However, this approach is only viable where there is a legitimate, commercially reasonable need for additional medical director hours — an assessment that must be made on an arrangement-by-arrangement basis