Fair-Market Value Compensation Rates for Cardiology KOLs – United States

$895.00$1,680.00

Fair-Market Value Compensation Rates for U.S. HCPs – Cardiology presents hourly and half-day flat compensation rates for four (4) Thought Leader levels based on the degree of influence. The analysis includes rates for six (6) specific activities. The data is presented by percentiles and outlines representative input directly from industry professionals involved in defining compensation levels for exchanges with KOLs. (Thought Leader Compensation US Cardiology).

Number of pages: 21
Format: Full Analysis, downloadable PDF
Published 2023

Price: Single-user $895 / Multi-users $1,680

Description

Thought Leader Compensation US Cardiology report presents fair-market value (FMV) hourly and half-day compensation rates for US-based KOLs in Cardiology, by percentiles, with averages, for six (6) activities, and for four (4) levels of Thought Leader influences (rare, international, national and local).

Activities include general consulting, speaking, and advisory board, both for commercial and scientific matters.

These defensible market-based rate data are built directly from industry compensation paid to Healthcare Practitioners (HCPs) and Thought Leaders (KOLs). All KOL FMV rates reports represent fair-market value established using our reliable methodology of collecting data from industry professionals involved in defining compensation levels for exchanges with KOLs worldwide.

Establishing fair-market value compensation rates will:

  • reduce the external perception of inappropriate inducement and limit regulatory and compliance risks.
  • provide an independent reference for negotiations with Thought Leaders (KOLs) and Healthcare Providers (HCPs).
  • refine and support the development of fee schedules that are aligned with market conditions.
  • competitively position the organization and support good business practices.

The data included in each report are an aggregate of collected data and not individual rates. In no event, companies and individuals who provided the data are identified to protect their identity.

Thought Leader Compensation US Cardiology Cardiology – definition.

Payments made to physicians and thought leaders have been under scrutiny for a few years and companies have been working to adjust their rates to level with industry standards.

Nothing in this study constitutes financial or legal advice and we provide the contents of the study for information purposes only. This study may not be lent, resold, hired out or otherwise disposed of by way of trade in any form of binding or cover other than that in which it is published, without the prior written consent of Arx Research.

INSIGHT
Research shows that less than 25% of pharmaceutical organizations begin working and involving Key Opinion Leaders during or before the clinical phase. Most – 63% – wait during phases 2 and 3 to start exchanging with Thought Leaders. Read on here KOL lifecycle involvement (arxresearch.com)

Use of Arx Research’s Copyrighted Materials

Research Methodology

Definitions
Therapeutic Area
Thought Leader Levels
Flat Rates
Hourly Rates

Flat Rates
Advisory Board Lead
Advisory Board Non-lead
Consulting Scientific / Clinical Content
Consulting Commercial Content
Speaking Scientific / Clinical Content
Speaking Commercial Content

Hourly Rates
Advisory Board Lead
Advisory Board Non-lead
Consulting Scientific / Clinical Content
Consulting Commercial Content
Speaking Scientific / Clinical Content
Speaking Commercial Content

Licensing Authorizations

Arx Research grants purchasers a non-exclusive, non-transferable license to access and use the report(s) as determined and allowed through the purchase of the report(s). Purchasers may not distribute, copy or reproduce in any fashion or format, any portion of the report(s) outside the limitations of the license without Arx Research prior written permission.

Single-User License:  The purchase of one copy of each report authorizes the use of the report(s) by one person

Multi-Users License: The purchase of this license for the same report(s) authorizes the use and dissemination of the report(s) for 2 and more users within a team or company.

 

Contact us for more details and benefit from multi-report purchase discounts.

 

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