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Grand Canyon University Fair Market Value Discussion

 

I’m studying for my Health & Medical class and don’t understand how to answer this. Can you help me study?

What do you see as the pros and cons of obtaining fair market value analyses on the compensation paid to physicians, especially when the market rates are benchmarked against national standards? How could this information be used in negotiating rates with physicians? What other components would you need to include in forming the contract with the provider?