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fmvNOW™

Direct access to FMV hourly rates across different KOL tiers and countries, and throughout current and past years.
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fmvNOW™

  1. Whitepaper
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    Life sciences industry outlook for 2023 and beyond

  2. Webinar
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    Life sciences industry forecast for 2023 and beyond

  3. Case Study
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    Emerging biopharmaceutical company establishes FMV rate report with self-service application

  4. Webinar
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    Minimizing risk through effective engagement with KOLs and stakeholders

  5. Article
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    Automating the traditional KOL tiering process for life sciences companies 

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    What’s next after receiving 510(k) regulatory clearance from the FDA?

  7. Article
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  8. Whitepaper

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  9. Webinar
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  10. Article
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    Identifying and engaging with KOLs after receiving 510(k) regulatory clearance from the FDA

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  12. Whitepaper
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  13. Press Release
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    Baker Tilly Helps Solve The Fair Market Value Quandary With New Online Tool

  1. David Gregory

    David A. Gregory

    Principal

  2. Mark Scallon

    Mark Scallon

    Principal

  3. Darren R. Jones

    Darren R. Jones

    CIA

    Principal

fmvNOW™ is a self-service portal, providing direct access to fair market value (FMV) hourly rates across key opinion leader (KOL) tiers, which is provided to our clients as the delivery mechanism of the output of the overall HCP FMV rate analysis. Additionally, our application provides recommended activity fees based on standard activities. All of this information is provided through dashboards within the web-based application and in downloadable reports.

    fmvNOW™ features

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    Establishing FMV is not always an easy task. To help you and your life sciences organization establish FMV rates for engagements with healthcare professionals (HCPs), as well as non-HCPs, our fmvNOW™ tool is here to help. fmvNOW™ aids in protecting your company’s and product’s value through a variety of unique features with our novel application.

    • Report deliverables – In addition to the provision of calculated rates within the application, fmvNOW™ allows the user to export the hourly rates and activity fees in two formats: PDF and Excel. In addition, the application includes a Methodology Report PDF, which provides our documented methodology, defensible to any inquiring regulatory body.
    • Globalization – fmvNOW™ houses FMV rates from across the world, leveraging country-specific regulatory rates and guidance recommended by any country-specific industry associations. Within the tool, you are able to convert rates from the country’s local currency to USD and EUR.
    • Accessibility – fmvNOW™ is a self-service portal available 24/7 beginning with the conclusion of the FMV analysis completed for your company. Upon gaining access to the tool, you are able to manage and add additional users within your organization at no extra cost.
    • Usability and support – fmvNOW™ features an intuitive interface with support features to connect you to one of Baker Tilly’s FMV specialists.
    • Annual rate updates – The rates contained in fmvNOW™ are updated annually to ensure you always have the most current rate information.