The Pennsylvania CPA Journal published an article by Advisory Partner David Glusman about the unique challenges of healthcare valuations.
The Pennsylvania CPA Journal
By David Glusman, Partner, Advisory Services
Fair market value in health care transactions is governed by traditional valuation principles and methodologies, but it is also governed by extensive federal regulations, guidance, and case-specific advisory opinions issued by the U.S. Department of Health and Human Services Office of Inspector General.
When performing an engagement in which a CPA is providing an opinion regarding fair market value, AKS and Stark Law compliance requires determining whether the consideration and other terms are “commercially reasonable.”