Streamlining the HCP engagement process through complianceNOW®

Life sciences companies frequently engage with healthcare professionals (HCPs) to provide disease state or product education, speak on behalf of the company, and offer overall advisory insights. Engaging or interacting with these HCPs includes tasks such as selecting key opinion leaders (KOLs), initiating, negotiating and executing contracts, processing payment in accordance with FMV parameters, and ensuring compliance with strict spend transparency reporting requirements. However, these processes are frequently manual and laborious, requiring leaders in life sciences companies to navigate through disjointed systems and coordinate across multiple departments.

Join Baker Tilly for a live walkthrough of our complianceNOW technology tools that couple with Baker Tilly’s depth and breadth of healthcare industry experience and managed service to create one end-to-end HCP engagement and reporting solution. Throughout the demonstration, we will highlight the functionalities of our complianceNOW suite, encompassing fmvNOW®, kolNOW®, engagementNOW™, transparencyNOW™ and stewardshipNOW™ and illustrate how companies can effectively utilize these tools both independently and synergistically. We will specifically focus on how companies can use these tools to:

• Evaluate and plan business needs
• Enhance their relationships with HCPs through an improved customer experience
• Improve operational efficiency through streamlining reviews and approvals and achieving seamless cross-functional alignment
• Easily execute pre-engagement compliance controls through HCP selection, FMV determination, tiering and due diligence