Fair Market Value for Pharma and Device Companies

Independent FMV Support for Speakers, Consultants, Advisory Boards, and Investigator Engagements.

Not for hospitals, physician practices, or Stark Law compensation

Expert Providers of
Global FMV Solutions

Fairmark is a leading global provider of Fair Market Value rates for healthcare professionals consulting or speaking for pharmaceutical and medical device companies. We have been providing solutions to our clients since 2013.

Our HCP Fair Market Value data provides objective documentation from Fairmark’s team of published FMV Experts. Our team has successfully defended rates to court-appointed regulators.

HCP FMV rates from 3rd parties are a key element for complying with anti-bribery regulations like the US Anti-Kickback Statute and UK Anti-Bribery Act, as well as industry guidelines including: PhRMA, AdvaMed, and EFPIA Codes.

FairRate™, our comprehensive FMV database, covers over 200 Physician and allied HCP specialties in all major global markets (US, Europe, Asia Pacific, Americas, Middle East & Africa).

We also created the FairRate™ Calculator to determine fees for a broad range of speaking and consulting services. Consistent with best practices, we build our rates from salary data and exclude industry benchmarks.

FairTier™ addresses a company’s need to objectively determine a physician, or HCPs, FMV Tier - based on objective measures of the person’s expertise.

FairTier™ is a robust and validated tiering tool that is effective both within the US and within Europe, Asia, or Latin America.

Access to the tool is available for both one-off evaluations and bulk re-tiering initiatives.

 

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