You may have heard of the phrase “fair market value”, but you may be asking yourself what is the fair market value of healthcare? In this video, an expert will go over what fair market value is and why it is important today. Essentially, a fair market value is the price of a service exchange between a buyer and seller, with both willing to buy and sell. Both parties within this transaction need to be made aware of all of the effects and facts related to the transaction they are completing. Fair market value requires companies to compensate third parties like physicians for the basic service they are providing. Video…
