About the Course
Introduction
This CLE webinar will guide counsel in understanding the importance of FMV assessments in hospital-physician transactions as a way to ensure compliance with anti-kickback and self-referral laws.
Description
With an increasing focus on improvements in patient care, value-based reimbursement methodologies, bundled payments, costs management, and reduced third-party reimbursements, healthcare providers are exploring innovative ways to collaborate with physicians to deliver care. Healthcare providers are frequently using joint ventures, co-management arrangements, ACOs, and other arrangements to achieve these goals.
Almost every healthcare-related transaction involves FMV issues. For example, parties often must ensure that payments to referral sources are consistent with FMV to satisfy applicable Stark and anti-kickback law exceptions.
Over the last several years, FMV determinations have become a focal point in many government investigations and litigation, with litigants at odds about the basis and appropriateness of FMV comparisons.
Listen as our authoritative panel of healthcare attorneys and advisers examines the laws and regulations that have specific FMV requirements and recent court decisions that address and apply FMV principles. The panel will offer practical tips for obtaining, reviewing, and effectively using valuation reports and avoiding common FMV pitfalls.
Presented By
Mr. Bernstein has more than two decades of management experience in the provider and consulting settings and has more recently focused on strategic and valuation consulting services around provider relationships in the healthcare industry. As part of the Pinnacle leadership team, he directs our growing and highly talented team of valuation experts and leverages his extensive experience working closely with hospital systems, physician groups, ambulatory surgery centers, and other healthcare providers. Prior to Pinnacle, Mr. Bernstein was a managing director of transaction advisory services and the director of valuation services for two national healthcare consulting firms where he worked with clients including law firms, hospitals, ancillary service providers, physician practices, and life sciences clients.
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This 90-minute webinar is eligible in most states for 1.5 CLE credits.
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Date + Time
- event
Wednesday, September 2, 2026
- schedule
1:00 PM ET/10:00 AM PT
I. Laws and regulations
A. Stark law
B. Anti-kickback statute
C. Tax exemption issues
II. Court treatment
A. Recent decisions
B. Lessons learned
III. Valuation reports
A. Obtaining reports
B. Reviewing reports
C. Effectively using reports
D. Commercial reasonableness opinions
IV. Avoiding common FMV pitfalls
V. Key takeaways
The panel will review these and other key issues:
- What are the FMV requirements that must be met to comply with Stark and anti-kickback laws?
- What are the lessons from recent challenges of FMV in litigation?
- What steps can counsel take to avoid common FMV pitfalls?
Related Courses
Fair Market Value in Hospital and Physician Transactions: Complying With Anti-Kickback and Self-Referral Laws
Wednesday, September 2, 2026
1:00 PM ET/10:00 AM PT
Compensation Arrangements With “Rock Star” Physicians: Key Legal and Fair Market Value Considerations for Defensibility
Tuesday, September 22, 2026
1:00 PM ET/10:00 AM PT
