sites avoid pitfalls  
The Six Common Pitfalls Of Study Budgeting

According to research, one third of all sites that participate in a clinical trial never participate in another trial. This is largely attributed to lack of accurate budgeting.

  No uniform system in place to determine accurate study budgets
  Lack of competitor pricing data from similar clinical trials
  Insufficient information about hidden cost categories and expense add-ons
  Gross underestimating of procedure costs over a lengthy and complex study
  Lack of procedure cost comparisons to alternative sources of revenue, i.e. Medicare
  No method of tracking historical budget data across multiple protocols without massive audit of paper-based Budget Agreements

Budget Builder helps sites avoid these common budgeting pitfalls with the most accurate and comprehensive budget data available.

 

 

RapidTrials® is a division of Physicians Clinical Research Solutions Iinc. (PCRS)
copyright © 2008 -- All Rights Reserved.