Comprehensive FMV Management for Enhanced KOL Engagement
Medispend’s FMV data management solution ensures consistency across your organization when tiering KOLs and calculating FMV rates. It features customizable and auditable workflows that streamline the rate exception process, along with actionable analytics that provide insights into your engagements, driving more-informed business decisions. delivery platform, supporting MSLs in becoming trusted advisors to their KOLs. Beacon features have been uniquely designed by MSLs for MSLs – ensuring ease of use and increasing field medical utilization and adoption of the latest technology.
Cost-effectiveness
Store global FMV rates across all specialties and activity types
Innovative Technology
Perform KOL background investigations (i.e., Google search, LinkedIn, CV, publications, etc.)
Industry Expertise
Tier KOLs based on any data points relevant to your business (i.e., HCP/KOL profile and background data, specialty, location, etc.)
Scalability
Utilize embedded sanctions/debarment checks to inform KOL/HCP activity selection
Customizable and Auditable Workflow to Simplify FMV Exception Reviews
Our customizable workflow allows organizations to manage the exception review process and provide approvals from within the solution. This provides a complete, easily accessible audit trail for all FMV rate exceptions.
Gain Full Transparency into Engagements Through Advanced Analytics
Our built-in insights give compliance a 360-degree view of the organization’s entire HCP/KOL engagement program:
- What consultants are we using?
- What FMV rates are they being paid?
- What exceptions have we approved?
- What is the percentage increase between our existing rates and our new rates?