fair price

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fair price

Healthcare Blue Book's recommended price for healthcare services, which is based on the typical fee that providers in a particular region of the USA accept as payment from insurance companies. The fair price is generally regarded as the ceiling that one must pay, regardless of the provider’s actual charge.
References in periodicals archive ?
ASC Topic 820 defines fair value as "the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.
For liabilities, the ED proposes that fair value be based on the amount that would have to be paid as of the measurement date for someone else to assume them (rather than extinguish them).
The MSCI Indexes with IDCo Fair Value Pricing are calculated using fair value evaluated prices as of the close of the New York Stock Exchange provided by Interactive Data's Fair Value Information Service.
Inflating the fair value estimate of recognized gain contingency.
GAAP and IFRS have minimal differences limited to measuring the fair value of investments in investment companies and deposit liability; and to disclosure requirements pertaining to Level 3 of (he fair value hierarchy and nonpublic entities.
Unrealized profits--revaluation of assets and liabilities at the balance date to their up-to-date fair value can lead to recognition of unrealized gains.
It is important to continually monitor nonperformance risk to ensure that fair value measurements are regularly updated in consideration of each counterparty's current credit quality.
REITs and other operating real estate companies will be required to value Real Estate using an acceptable valuation methodology including discounted cash flow approach, comparable sales approach, and/or replacement cost approach to determine the fair value at each reporting date.
GAAP rules for measuring the fair value of assets and liabilities reported in financial statements resides in the Financial Accounting Standards Board's Accounting Standards Codification 820 (ASC 820), Fair Value Measurements and Disclosures, which was originally published as FASB Statement 157, Fair Value Measurements, in September 2006.
Although international regulating bodies aim to extend the practice of using fair value for the valuation of all the elements of the balance sheet, regardless of the companies' field of activity, valuation systems based on fair value are still a rather controversial issue.