CMS issued the revised Stark III Regulations to be effective as of December 4, 2007. The text of the regulations is accessible at the link below, and the Med Law Blog will publish a number of short posts over the next two months highlighting certain changes prior to that effective date.

The subject of today’s post is the fair market value exception for compensation. CMS has eliminated the compensation survey provision for fair market value compensation. The use of national studies and attempts to define the fair market value compensation for relevant local market proved to be overly burdensome.

Future posts will deal with the changes for the definition of a physician group for the ancillary services exception, warnings regarding the use of shared facilities, and the allowable physician practice restrictions for recruiting arrangements.