Abstract
Create your own fee schedules by exploring fair-market value benchmarks for 20 therapeutic areas and multiple specialties:
Fair-market value has been a notoriously difficult concept to master,
especially since there are no defined regulations or procedures for
calculating thought leader compensation. With state compliance guidelines
changing almost on a daily basis, and the potential introduction of federal
guidelines on the horizon, thought leader management executives are
understandably overwhelmed.
Cutting Edge Information' s newest report cuts through the regulatory confusion
and provides clear procedures for calculating fair-market value compensation.
Backed with real-world metrics from more than 40 top pharmaceutical,
biotechnology and medical devices companies, Thought Leader Compensation:
Establishing Fair-Market Value Procedures provides relevant case studies and
best practices to guide your thought leader management team. The report
provides compensation ranges for various specialties in 20 different
therapeutic areas.
Study participants included vice presidents and directors of medical affairs,
product directors and managers, marketing consultants, thought leader
development managers and MSL team leaders. The fair-market value benchmarks
contained in this study are aggregate data collected directly from executives
at participating companies. Click here for more information on the study' s
methodology.
Table of Contents
- Thought Leader Development Structure Metrics
- Percentage of companies with dedicated thought leader development
departments
- Percentage of companies with dedicated MSL programs
- Functional oversight of thought leader development departments
- Annual salaries for physicians by specialty
- Fair-market value benchmarks
- Average and median minimum and maximum hourly rate for thought leaders
- by provider category
- Primary care provider
- Specialist
- Subspecialist
- Surgeon
- Expert-in-field
- Allied health professional
- by company size
- by therapeutic area
- Average and median additional fees paid for delivering a promotional
speech
- by provider category (see above)
- by company size
- by therapeutic area
- Average and median additional fees paid for delivering a
scientific/educational speech
- by provider category (see above)
- by company size
- by therapeutic area
- Average and median additional fees paid for leading an advisory board
(chair)
- by provider category (see above)
- by company size
- by therapeutic area
- Average and median additional fees paid for moderating an advisory board
- by provider category (see above)
- by company size
- by therapeutic area
- Average and median additional fees paid for participating in an advisory
board
- by provider category (see above)
- by company size
- by therapeutic area
- Average and median additional fees paid for authoring a manuscript
- by provider category (see above)
- by company size
- by therapeutic area
- Average and median additional fees paid for authoring an abstract
- by provider category (see above)
- by company size
- by therapeutic area
- Additional breakdowns of all of the above metrics included for these
primary care provider subcategories:
- Family practitioner/general practitioner
- Pediatrician
- OB/GYN
- Internal medicine
- Physician assistant
- Nurse practitioner
- Dual degree
- Professional healthcare educator
- Medical doctor (other)
- Compensation spending limits
- For individual thought leaders
- By company size
- Travel compensation limits
- For individual thought leaders
- By company size