The Internal Revenue Service said Modern Health Care Services overpaid physicians for their practices.
The company denied the charges.
Type of practice Appraisal* Sale price
Orthopedic $6.8 million $6 million
Neurology $2.9 million $2.6 million
Otolaryngology $3.8 million $2.5 million
Urology $1 million $500,000
Ophthalmology None done $479,000
* Company-obtained appraisal
Sources: IRS, court documents