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FMV Consulting Services for Pharma in the UK

A documented basis for HCP compensation.

Eunomia helps pharmaceutical and biotech teams develop and operationalise fair market value (FMV) frameworks for healthcare professional engagements. Our UK FMV consulting support connects compensation methodology, documented expertise, engagement scope and approval records with the way your teams contract and pay for services.

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Compliance specialists reviewing an engagement workflow

UK expertise · Practical delivery

Who this support is for

Compliance, Medical Affairs, Legal, Finance and operational teams in emerging biotech and established pharmaceutical companies. Support can be scoped for a UK engagement model or a multi-market framework with country-specific inputs.

When compensation decisions are difficult to explain

Different spreadsheets, inconsistent tiering and undocumented exceptions can leave teams unable to reconstruct why a fee was selected. A rate card alone does not explain the service, the time commitment or the evidence behind a decision.

From requirements to action

What you receive

Depending on the agreed scope, deliverables can include:

  • A documented FMV methodology with benchmark-source review and recorded assumptions.
  • HCP tiering criteria and rate-card governance for the agreed markets and engagement types.
  • Assessment templates, fee rationale and exception-approval responsibilities.
  • An implementation plan connecting the framework to contracting, payment records and stakeholder training.

Scope and turnaround

FMV projects typically take one to three months, depending on the number of countries covered. We agree the scope, required inputs and delivery timeline before work begins. Our focus is HCP compensation and engagement frameworks; we do not provide clinical-trial budget or pricing assessments.

What to bring to the first conversation

Start with the countries, stakeholder groups and engagement types you need to cover, your existing methodology and rate cards, and any known concerns. Benchmark availability and licensing are confirmed during scoping.

Discuss your requirements
Use the Pharma Compliance Readiness Checklist

What we can take on

Fair Market Value Consulting: scope of support

01

FMV methodology design and review

02

Benchmark source assessment and documented assumptions

03

HCP tiering criteria and supporting evidence

04

Rate-card governance and review processes

05

Engagement-level fee rationale and exception workflows

06

FMV policies, templates and stakeholder training

07

Connections between contracts, approvals and payment records

What this gives you

A traceable explanation of compensation decisions

Consistent assessment and escalation across teams

An FMV framework connected to everyday engagement workflows

The rules in the UK

What shapes fair market value assessment in the UK…

Confirm the applicable code and market scope before using an FMV process. The following UK reference informs the engagement review. Each summary links to its official source below.

ABPI Code, Clause 24: Contracted services

For arrangements within its scope, Clause 24.2 connects documented need and selection, advance written agreement, appropriate records and reasonable remuneration reflecting fair market value. It also addresses the risk of using an engagement as an inducement.

Primary references

Related project

Fair Market Value Methodology for HCP Compensation. Read the published project account for an example of methodology, tiering and rate-card work. The case study is not a public rate schedule or a guarantee of future results.

More reading: HCP FMV assessment guide and worksheet · FMV methodology case study

Rashmi Papneja

Your named lead

Rashmi Papneja

Founder, Managing Director and UK Compliance Lead

Meet the wider team

Questions, answered

Fair Market Value Consulting FAQs

What does pharma FMV consulting cover?

The scope can include methodology, source-data review, documented tiering, rate-card governance and engagement-level assessment. We agree the countries, stakeholder groups, activities and deliverables before work begins.

Is there one universal UK HCP hourly rate?

This service does not provide a universal rate. An assessment needs a documented methodology and relevant evidence for the specific services and market. The accompanying worksheet records the rationale and approvals; it does not calculate or certify an FMV rate.

Can you review an existing FMV framework?

Yes. We can review the methodology, evidence, tiering approach, exceptions and operating process, then agree priorities for updating and implementing the framework.

Does an FMV assessment approve the whole engagement?

No. Compensation is one part of an engagement decision. The applicable requirements, business need, selection, contracting and other controls still need their own review.

Can FMV workflows be automated?

Defined steps such as collecting evidence, routing approvals, recording exceptions and reporting can be supported through controlled workflows. Accountable reviewers retain the decisions and approved methodology.

How long does an FMV project take?

Eunomia’s FMV projects typically take one to three months, depending on the number of countries covered. We agree the scope, required inputs and delivery timeline before work begins.

Does Eunomia provide FMV assessments for clinical-trial budgets or pricing?

No. Our FMV services focus on HCP compensation and engagement frameworks. We do not provide clinical-trial budget or pricing assessments.

How do we start?

Bring your current methodology, engagement types, countries, rate cards and known concerns. We agree a focused review or a wider framework project. Share confidential records only through an agreed secure channel.

Tell us what is on your desk.

We will listen, ask a few questions and recommend the right scope—without obligation or pressure.

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