| 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.
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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.
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