Safe space. How you can define fair market value for medical-office building lease agreements with hospitals.
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.
Murray
Chuck
C
Medical Cities Inc., Dallas, USA. cmurray@medicalcities.com
D006761:Hospitals; D007860:Leasing, Property / Q000458:organization & administration*; D008494:Medical Office Buildings / Q000191:economics*; D020443:Practice Valuation and Purchase / Q000379:methods*; D014481:United States