BFMV works with hospitals that compensate private practices for resident preceptorship during specialty rotations in affiliated community-based residency programs. Resident rotations are structured to provide comprehensive training across a variety of specialties. Internal medicine residents, for example, rotate through core areas such as general medicine wards, intensive care units (ICUs), and ambulatory clinics, as well as subspecialty areas like cardiology, neurology, or o

The decreases to work relative value units (“wRVU”) for most physician services in the Final Rule [1] for the 2026 Medicare Physician Fee Schedule (“MPFS”) will largely offset the reimbursement bump from the conversion factor (“CF”) rate increases for physicians in many specialties. While the 2026 CF rate for Alternative Payment Model Qualifying Participants (“QPs”) is 3.77% higher than the 2025 CF, and the rate for non-QPs is 3.26% higher, a standard 2.5% wRVU decrease appl

Since 2019, BuckheadFMV has conducted a national direct-to-physician call coverage survey . The survey provides meaningful data that informs fair market value appraisals and helps the industry better understand the physician burden factors associated with unrestricted call coverage arrangements. A key objective of the survey is tracking the relationship between unrestricted call coverage responsibilities and physician compensation across different specialties. In a retrospec

There are many situations where it makes sense to pay physicians on an hourly basis for services provided. Hourly compensation arrangements work well when a relatively short or definitive amount of time is being compensated. They are also suitable for arrangements where physician time, rather than physician output or production, is the valuable resource. Typical Hourly Compensation Arrangements Medical Directorships Medical directorships lend themselves well to hourly compens

Despite Stark Law enforcement seeming to have gone relatively quiet, according to a recent article by The National Law Review (NLR), the strict liability statute’s six-year lookback period is ticking, and renewed compliance scrutiny is expected before those periods expire. With significant penalties at stake, the NLR article recommends that providers take advantage of the lull to reduce risk and review their compliance practices regarding physician arrangements and designate

The Centers for Medicare and Medicaid Services (“CMS”) recently issued the Final Rule announcing the 2026 policy changes for Medicare, including Part B issues and payments under the Physician Fee Schedule (“MPFS”), many of which take effect in January. According to the CMS Fact Sheet , “the calendar year (CY) 2026 MPFS final rule is one of several final rules that reflect a broader Administration-wide strategy to create a more equitable health care system that results in be

In August 2025, BFMV issued the latest edition of its Physician Leaders Compensation Report . The report is based on Form 990 data filed by nonprofit hospitals and health systems across the country. It includes statistics on compensation paid to physicians in leadership positions in hospitals, medical groups, and other types of organizations. In the clinical realm, a physician’s specialty is a primary determinant of compensation. BFMV researched the clinical specialties of

Radiology groups tend to have lower operating expense margins than many other types of practices. Because many radiologists work in hospitals, imaging facilities, or from home-based offices, they typically incur lesser expenses for building, equipment, or staff compared to physicians practicing in other specialties. Still, despite their relatively lower cost of doing business, radiology group operating expenses, such as they are, should be factored into fair market value opin

BFMV has a new home base in the Newnan historic district at 29 Jackson Street. The Folk Victorian, Reconstruction Era house was constructed in 1870, with an addition built on later in the twentieth century to update the home with a modernized kitchen and bath. The original craftsmanship and charm have been preserved and maintained for generations to come. We are enjoying this new chapter of BFMV’s shared history with Newnan. Some Newnan History Around the Time of our New Offi

The outlook for ABA therapy centers nationwide is quite robust, which has attracted significant investor interest. As healthcare valuation experts, we’ve seen an increase in the number of ABA-related engagements given the consolidation activity in the market. Valuators need to understand the unique business aspects related to ABA and comprehend how these companies differ from other healthcare providers – even those in the behavioral healthcare space. What is ABA Therapy? ABA

In August 2025, BFMV analyzed Form 990 data filed by nonprofit hospitals and health systems across the country to find compensation paid to Chief Medical Informatics Officers (CMIOs). A CMIO is a licensed physician in a senior leadership role responsible for developing and implementing an organization’s clinical information systems. Form 990s include compensation data for officers, directors, trustees, and employees of an organization whose reportable compensation from the o

BFMV’s Cost of Physician Staffing Services, 2025 (“CPSS”) includes data sourced from government contracts with 95 physician staffing companies located across the country. These companies supply government healthcare providers, such as VA hospitals or clinics, with the medical personnel necessary to fill temporary physician vacancies. The companies included in the CPSS also provide these services to non-government clients. When a physician staffing firm becomes a government co

BFMV recently released the 2025 Physician Leaders Compensation Report . Our primary interest in undertaking this study was tracking physician executive titles and pay trends. Here are seven key takeaways from the report. 1. The most common physician executive titles are Chief Medical Officer and Medical Director. Interesting to note the high representation of CMOs. According to the American Association for Physician Leadership , the role of CMOs is changing and increasingl

Every year, BFMV conducts a national direct-to-physician call coverage survey. This project offers valuable insights that inform our fair market value appraisals. It also provides valuable information to participating physicians, who receive free access to the results. The direct-to-physician feature of our call survey differentiates it from other physician compensation surveys. In its inception, we wanted a survey that helped us better understand the off-site/unrestricte