Patients can't compare prices, can't read their bills and can't take their records with them. An interventional radiologist proposes price-tagged orders, shared savings accounts and portable patient records.
|Articles|April 9, 2010
Q&A: Determining fair market value
The rule of thumb for fair market value hasn't applied for some time, if ever.
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Q: Does the rule that the fair market value of a practice is worth one times the net income still apply?
A: No, that rule of thumb hasn't applied for quite some time, if ever. If any rule of thumb applies, it is that fair market value equals two to two-and-one-half times the dividends as defined by IRS Revenue Ruling 59-60.
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