The COVID-19 pandemic has accelerated provider and patient adoption of telemedicine. By one measure, the volume of telemedicine visits covered by private insurance increased by over 2,800% in December 2020 relative to December 2019. This drastic increase in telemedicine utilization has been accompanied by increased scrutiny—the Office of Inspector General is currently auditing Medicare Part B telehealth claims to determine if they met requirements for billing.
This webinar will explore the current principles of telemedicine valuation, while discussing the wide diversity of arrangements that we have valued. We will also review the common pitfalls related to agreement/transaction structure and payment amounts that we have encountered through our valuation work. The webinar will spotlight new trends in telemedicine valuation, particularly the new and growing digital services and assets that healthcare providers are buying and selling.
- Understand the importance of valuation in the context of telemedicine arrangements and transactions
- Develop familiarity with the principles of value in the context of telemedicine
- Identify the characteristics of digital arrangements and transactions that implicate the Stark Law and Anti-Kickback Statute
- Catalogue the current and future telemedicine arrangements and transactions that will require opinions of fair market value
- Spotlight valuation pitfalls in telemedicine arrangements and transactions
Luis Argueso is a Partner in the Denver office.
Argueso’s area of practice involves the appraisal of healthcare businesses and the valuation of healthcare provider compensation relationships. He has been providing valuation and consulting services since 2008. Mr. Argueso is a national subject matter expert in the valuation of compensation arrangements between hospitals and medical groups which staff and medically direct hospital-based service lines such as: anesthesiology, emergency, hospitalist, and radiology departments. He also is a thought leader in the fair market value and commercial reasonableness of telemedicine businesses and service arrangements. Based on this expertise, Argueso has provided consulting to clients for improving the efficiency, quality, and compliance of telemedicine and hospital-based service arrangements.