Pre-tiered database of global KOLs - kolNOW®
kolNOW® is an on-demand, self-service portal that streamlines the process of evaluating the expertise of key opinion leaders (KOLs) used in consulting engagements.
In order to comply with anti-kickback and anti-bribery regulations, life sciences companies must determine accurate FMV rates when engaging with KOLs for consulting activities. Fueled by our database of millions of pre-tiered KOLs, life sciences companies can readily and confidently apply the fair market value (FMV) compensation rate to any specific KOL.
Discover the benefits of kolNOW
Detailed tiering methodology
Backed by a robust industry-leading database and our powerful tiering algorithm, our Methodology Report provides users with a detailed breakdown of tiering methodology.
Pre-determined tiers
Algorithms are used to apply this tiering methodology to our database of over four million healthcare professionals (HCPs) in order to eliminate biases or human error. If for some reason a physician is not in our database, or if there are questions regarding an existing KOL’s tier in our tool, our team of specialists can manually evaluate to reassign or verify.
Usability & accessibility
kolNOW’s user-friendly design and on-demand, self-service access allows users to readily retrieve reports based on physician name or specific search criteria. In addition, companies can add and manage users within their organization at no additional charge.
Ongoing support
Baker Tilly’s team of tiering specialists are here to support you if any questions arise.
Annual updates
Pre-calculated tiers are updated on a periodic basis to account for changes in the HCPs’ experience so that rankings are kept accurate.
Integration into fmvNOW®
Seamlessly integrates into Baker Tilly’s FMV tool, fmvNOW. If subscribed to both tools, the platform will rank both the HCP’s tier and assign an FMV rate for any KOLs whose specialties fall within your fmvNOW rate card.
Helping support your compliance strategy
To ensure fair compensation, companies use tiers to evaluate a physician's expertise, considering factors like experience, employment history, research, and industry involvement. This evaluation process, known as KOL tiering, can be tedious, costly, and prone to human error.
Featured insights
Streamlining FMV compliance: Automating KOL tiering in pharma consulting
Learn how Baker Tilly helped a top global pharmaceutical company determine key opinion leader (KOL) tiers across different regions in which they operate using a novel automated tiering database.
Medical device company uses automation tool to establish fair market value rates across different markets
Learn how Baker Tilly helped a large global medical device manufacturer establish fair market value (FMV) rates across different regions in which they operate using a novel FMV rate tool.
Automating the traditional KOL tiering process for life sciences companies
This article discusses the traditional KOL tiering method for life sciences companies and how automation of this process can reduce costs and eliminate human bias and error.
Emerging biopharmaceutical company establishes FMV rate report with self-service application
This case study highlights how an emerging biopharmaceutical company efficiently and effectively established a compliant fair market value (FMV) rate program with the help of fmvNOW, an online, self-service application.
Baker Tilly solves time-consuming KOL tiering process with new online platform
Introducing kolNOW, Baker Tilly’s new comprehensive tool that provides life sciences companies with a more efficient way to assess key opinion leaders based on their level of expertise and ensure adequate screening.