With the rapid growth in physician alignment strategies, implementing an efficient and consistent internal methodology for determining physician compensation is essential for compliance purposes. VMG Health has applied over 15 years of experience in healthcare valuation and has considered nine national surveys in creating FMV Tools. These Tools allow health systems to quickly establish compensation levels for employed and contracted physicians in various roles based on systematic and unbiased guidelines.
Physician Services Available Through FMV Tools
• On-Call Coverage
• Medical Directorship
• Quality Committee Member
• Department Chair
• Chair/Member of Board
• Chief Executive Officer
• Chief Medical Officer
• Chief Quality Officer
• Medical Affairs Executive
• Service Line Director
• Vice President
FMV Tools produces a formal opinion outlining pertinent value drivers for the subject arrangement. Each FMV opinion is also accompanied by a thorough FMV Reference Report which outlines the data and methodologies for deriving each of the four major Tools, or service categories: clinical services, medical directorships, physician executive positions and on-call coverage.
Healthcare Valuation Experience
VMG Health has over 50 professionals concentrated on healthcare valuation and has obtained national recognition for determining physician compensation through highly reputable publications and organizations, such as: HFM Magazine, Compliance Today, American Bar Association and American Health Lawyers Association. VMG Health also provides full Fair Market Value opinions for every type of service arrangement in healthcare.
Download our 2-page pdf about FMV Tools.