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Safe space. How you can define fair market value for medical-office building lease agreements with hospitals

Safe space. How you can define fair market value for medical-office building lease agreements with hospitals

Mgma Connexion 7(4): 46-9, 1

When entering into office-space lease agreements with hospitals, physician practice administrators need to pay close attention to the federal antikick-back statute and the Stark law. Compliance with these regulations calls for adherence to fair market value and commercial reasonableness--blurry terms open to interpretation. This article provides you with a framework for defining fair market value and commercial reasonableness in regard to real-estate transactions with hospitals.

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