Redefining fair market value under Stark Law Question Title * 1. The Centers for Medicare and Medicaid (CMS) redefined fair market value in the Stark Final Rule, with a determination of general market value applying to: Purchase of an asset Compensation for services Rental of equipment or office space A and C All of the above Question Title * 2. CMS stated the use of survey data to determine fair market value (FMV) in compensation is: A good starting point and has some utility in determining FMV Does not allow for securing a physician with a unique skill set A guideline for meeting the CMS bright line rule A and B All of the above Question Title * 3. In regard to physician compensation, the final rule stated: Compensation can increase if the value of referrals increases Compensation cannot vary based on the volume or value of referrals There is no formula to calculate compensation based on volume or value Employed physicians can receive productivity bonuses based on the volume or value of referrals Question Title * 4. Which of the following material changes to the PFS will have a potential impact on determining FMV? Increase in wRVU values for outpatient evaluation and management (E/M) codes Add-on codes for incremental time spent with a patient based on complexity Decrease in the Medicare conversion factor All of the above Question Title * 5. CMS redefined FMV in the Stark Final Rule to clarify its meaning in regard to specific transactions. This means: The value represents an arm’s length transaction, consistent with general market value The value solely depends on the utilization of survey data or specific percentiles within the data The value is the result of bona fide bargaining between a well-informed buyer and seller A and C All of the above Question Title * 6. The economic impact of the 2021 Medicare PFS means practices must weigh compensation arrangements in the context of: The need for provider retention Financial sustainability Market competitiveness A and B All of the above Submit