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Medicaid Drug Rebate Program (MDRP) Summit 2025
September 15-17, 2025
Delivered as a Hybrid EventFairmont Chicago Millennium Park, Chicago, IL
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Day Three - CT (Central Time)

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Day Three - CT (Central Time)
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Showing 1 of 1 Streams
10:50am - 11:30amLive Stream
340B Topic TBA
11:35am - 12:15pmLive Stream
Operationalizing Fair Market Value (FMV): From Compliance Obligation to Business Enabler
  • Overview of the regulatory backdrop and market dynamics driving FMV requirements
  • Key process challenges including cross-functional ownership, data / documentation inconsistencies, and evolving engagement models
  • Common approaches to FMV governance, internal rate-setting vs. external benchmarks, determination of approach (e.g., Cost vs. Market), and the role of technology in workflow and audit readiness
  • Best practices for FMV processes to optimize contract authoring, enhance transparency and reduce risk
  • Lessons from real-world implementations including strategies to centralize data / models to a single source of truth for all rate-related information and access to historical assessments
  • Key takeaways for manufacturers to be operationally efficient and audit ready
  • Ritu Pandey - Senior Manager, Marbls
  • Justin White - Manager, Managed Markets Finance Governance, Novartis
Day Two
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