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Pinnacle FMV Network

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Descriptive statistics regarding physician compensation are useful references in the setting of commercially reasonable compensation terms.  However, aggregated data often lack the specificity to accurately reflect an organization’s environment, market dynamics or particular business objectives.  In contrast, having access to actual deal terms from comparable organizations can be invaluable in business model development, negotiations as well as in determinations of fair market value.  While direct exchanges of contract information between health organizations may violate antitrust rules, access to blinded and validated information about particular physician contract arrangements can speed up development processes and inform decision-making without veering into anticompetitive behaviors.

The second element of the Pinnacle Physician FMV Program is the creation of a member network comprised of hospitals, health systems and others that contribute to a database of physician contract arrangements including:

Management service agreements
Joint ventures and under arrangements
Block leases
Highly specialized physician employment deals
Medical directorships and call coverage, and
Other unique hospital – physician ventures 

All information flowing through the network will be managed by Pinnacle to de-identify, validate and organize the information.  While participants in the network will not be able to identify other organizations, the database examples will provide information sufficient to make confident comparisons based on key demographic indicators.  When market examples do not exist in the database, members will be able to query other members (anonymously) on an ad hoc basis.  Membership in the network will require payment of an administrative fee and annual submissions of market arrangements.  The chief benefits of participation, among others, include: 

Unlimited access to the database
Knowledge of actual deal terms
Five annual ad hoc queries
Faster development of physician contract arrangements, and
More confidence in decisions regarding new or unique deals 

Join the network by July 1, 2007 to receive the Charter Member rate of $350.  Download and complete the Network Application and return it to: 

Pinnacle FMV Program Network at fax: 303.894.8066 

Network applicants will be contacted to verify information, arrange for payment and provide network instructions and training.  For more information about the Network, contact Dan Stech at dstech@medbizz.com or 303.390.1946.

 

 

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PhysicianFMV.com is a Product of Pinnacle Products & Innovation, LLC, a member of the Pinnacle Group, www.medbizz.com. ©Copyright 2007. Pinnacle Products & Innovation, LLC. All rights reserved.