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FAQs
How do I know the budgets created by Budget Builder are accurate?
Budget Builder uses a proprietary database to determine appropriate rates for study procedures. The pricing information is based on historical real-world data collected from hundreds of approved study budgets across therapeutic areas. This ensures the most accurate price levels for your study.
Will my specific information be shared with other sponsors or research sites?
No. All information in the database is kept in summary form with specific sites and studies remaining anonymous.
How will this affect my current budgets?
Budget Builder is not designed to increase or decrease budgets. It compares your budget data against market-driven pricing data to determine the most accurate budget for every clinical trial.
How do I know the information is current?
As new studies are performed, and Budget Agreements are finalized, pricing information in the Budget Builder database is continually updated to provide the most accurate picture of current market conditions.
Is there a limit to the number of budgets I can calculate?
No. Pricing is based on the number of budgets generated, starting at nominal rates for packages of 8 budgets. There is no limit to the number of packages that can be purchased.
How much does the service cost?
There are a variety of flexible pricing options designed to best suit individual needs. Single users can choose to pay a nominal fee ($575/year) for the first 8 budgets they prepare. Those who need additional budgets or want to purchase additional user access, may contact us on our toll-free number 877-989-7277 or via email at: buildbudgets@rapidtrials.com.
Is there technical support available?
Budget Builder has been carefully designed to provide an extremely user-friendly experience. However, should you find a situation that requires live technical support, we are available via e-mail or through a toll-free number during regular business hours 877-989-7277.
Can I view past budgets that I've calculated?
Yes. All budget files can be saved and stored into a confidential and secure online account providing a detailed study pricing history. This allows you to compare and continually evaluate what you have charged for study procedures against current market rates -- and keep prices consistent across therapeutic teams.
How long does it take to create an accurate budget?
Budget Builder takes about 20 minutes from beginning to end. Its six easy steps help guide the user through a comprehensive and systematic process.
Can I print the budget information in a "ready to use" format for site negotiations or presentations?
Yes. The system's readable formats make budgets simple to view or print for internal planning or discussions with sites.
Can budgets be customized by therapeutic area?
Because Budget Builder is organized by specific procedure codes each budget is customized not only for different therapeutic areas but for each individual study.
How many login names will I need to set up within my organization?
The number of login names is flexible based on the needs of the individual user. If so desired an organization can have a company-wide login or individual login names and password for each employee.
RapidTrials® is a division of Physicians Clinical Research Solutions Iinc. (PCRS)
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