Survey launches on Tuesday, April 8, 2025

As part of our commitment to delivering accurate and insightful market research, Cutting Edge Information (CEI) is launching the annual Fair Market Value Survey of Payments to Healthcare Professionals (HCPs) to assess Fair Market Value (FMV) trends across various healthcare provider categories.

If your company engages with HCPs—including physicians, allied healthcare professionals, and life sciences research professionals—this survey provides an opportunity to contribute to industry standards.

Survey responses, along with rate cards, form the foundation of our data analysis for FMVConnect. FMVConnect is CEI’s comprehensive database of hourly rates paid to HCPs for various activities and services. It is a reliable and objective source of HCP compensation data.

Refreshing the database on an annual basis is essential. Rates fluctuate due to evolving policies, regulatory changes, technological advancements, and global events. New data ensures the analysis remains up to date and reflective of current market conditions.

Who Should Participate?

We welcome responses exclusively from pharmaceutical, biotechnology, and medical device companies, particularly professionals in:

  • Regulatory Affairs
  • Compliance
  • Legal
  • Finance roles responsible for HCP engagements

Sharing your company’s HCP compensation data through the survey is a straightforward process. Your first-hand experience in setting hourly rates will contribute meaningfully to promoting compliance and transparency in HCP compensation. As a thank you, participants are eligible to receive a complimentary set of FMV rates of their choosing.

Your company’s participation will help maintain the integrity of our FMV database, ensuring it:

  • Provides an objective third-party reference for contract negotiations with key opinion leaders (KOLs), medical specialists, and other healthcare stakeholders.
  • Captures the full range of rates across therapeutic specialties, geographic regions, tiers of KOL experience, and various engagement types.
  • Reinforces the life sciences industry’s commitment to transparency and regulatory compliance.

How to Participate

The survey is open to qualified individuals from all sizes of pharmaceutical and medical device companies. It is designed to:

  • Take less than 10 minutes to complete.
  • Be accessible via computer or mobile device.
If you have not yet received an email invitation to participate, please click here to determine your eligibility. The survey opens on Tuesday, April 8 and takes approximately 10 minutes to complete. All responses are confidential, and data will be anonymized prior to analysis.

Your insights are essential in shaping FMV data that supports fair and compliant compensation practices. We appreciate your contribution to this important initiative.

Confidentiality Statement

Cutting Edge Information adheres to rigorous confidentiality standards. All information shared via our FMV survey is strictly confidential. No information will ever be divulged to another party. No individuals nor individual responses will ever be identified, nor will any company names. Any quantitative or qualitative data provided will be used solely for the purposes of Cutting Edge Information’s FMV database. The FMV database contains the summary results of the Cutting Edge Information team’s analysis, not individual rates.

About FMVConnect

The FMV rates submitted via our surveys serve as the foundation for FMVConnect: the most expansive and defensible market-based rate data in the world. From a compliance perspective, we believe our rates are more defensible than salary-based rates because they are built directly from industry rates paid to HCPs instead of proxy metrics. CEI’s fair market value rates are established using a globally consistent methodology that relies on the data collected annually from life sciences companies around the world.