FairRate™ is Fairmark's proprietary database of global fair market value (FMV) rates for healthcare professionals (HCPs). FairRate™ provides comprehensive global coverage.

FairRate™ includes FMV rates for over 200 physician and Healthcare Professional specialties. For each specialty in a country, FairRate™ provides:

• FMV hourly rate ranges for three tiers of expertise

• FMV Fee schedules for common activities

• FMV data provided in local currency

FairRate™ covers all major markets across five global regions: the United States, Europe, Asia/Pacific, the Americas, and the Middle East & Africa.

Our FMV Methodology

Fairmark derives its fair market value rates from salary data for full-time physicians and HCPs employed in clinical or academic settings.

FairRate™ does not incorporate industry benchmarking data from speaker and consultant contracts. This approach ensures that our FMV rates are based on actual compensation data free from potential conflicts of interest.

1) Why We Do Not Benchmark - 2 minutes

2) How we develop our FMV Rates - 2 minutes