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Strategies for optimizing HCP engagement to improve efficiency
June 10 @ 1:00 pm – 2:00 pm EDT
Streamlining processes and utilizing analytics for global success
Engaging with healthcare professionals can be a challenging process due to complexities with identifying, nominating, contracting and managing engagements, along with handling payments and ensuring compliance with global regulations. Nonetheless, identifying scalable solutions and utilizing analytics to streamline the HCP engagement process can help companies navigate these complexities and emerge stronger in the increasingly regulated landscape both in the U.S. and abroad.
Join Baker Tilly for an informative webinar where our team will discuss the intricacies of engaging with HCPs and the importance of having robust internal controls throughout this process, including KOL tiering – an often overlooked yet critical aspect of managing HCP engagements effectively. Our professionals will also discuss how embedding internal controls and leveraging robust data assets can both ensure more effective compliance and improve the experience of your HCP consultants. Additionally, we will address the complexities surrounding tax obligations related to cross-border HCP engagement, including the importance of financial support and practical guidance on 1099 reporting, both of which are vital for maintaining compliance and facilitating streamlined operations.
Who should attend
- Life sciences professionals in compliance, finance, commercial operations, medical affairs and legal
Presenters
- Darren Jones, Principal, Life sciences practice leader
- Soo Johnson, Principal, CPA
- Samantha Sutherland, Director
- Mario Prohasky, Director
Learning objectives
- Identify key complexities in the process of engaging with HCPs
- Learn how to apply scalable solutions and data analytics to enhance efficiency and effectiveness of the HCP engagement process across diverse regulatory environments
- Examine the role of robust internal controls and understand their impact on operational success
- Understand the financial and tax-related responsibilities inherent in HCP engagements, including strategies for effective 1099 reporting and ensuring compliance
