The Hidden Costs of Conducting Clinical Trials at the Site: Budgeting for Subject Activities and Total Study Budgeting
$79.00 (Non-Member Price)
$0.00 (SCRS members – Included as member benefit, no additional cost)
Course Description: In today’s environment of increasing regulatory compliance, decreasing economics, and growing competition, investigative sites are faced with greater and more complex site management objectives that impact the study budget. Often sites are being asked to assume more and more tasks without adequate remuneration. As a result, sites are generating modest to no operating profits as they absorb these “hidden costs” of conducting and providing quality research. This presentation is being offered as a preview of a 5-part series that SCRS will give in winter 2018.
This presentation will present a pricing case study on a per-subject budget presented to a site, and the challenges that sites face when using that budget to cover all of the costs of conducting that trial. Learning Opportunities
- Case studies enhance participants’ understanding and application of the new knowledge they gain.
- Tools and techniques will be provided to immediately and dramatically enhance your budgeting process.
Presenter: Michael Jay Senior, Project Manager, SCRS
Michael Jay has successfully negotiated and executed hundreds of clinical trial contracts and is recognized in the industry for his comprehensive understanding of the financial aspects of conducting clinical trials. In his role, Michael also advises hospitals, private practices and research sites on financial and contractual operational activities. Michael is a frequent speaker at both the national and local clinical research conferences around the United States and Canada on the topic of clinical research budgeting and on all aspects of clinical trial management at the site level. He has spoken for organizations such as SCRS, FDA News, ACRP, DIA, SCOPE and the Society of Research Administrators.
Please note: SCRS will send out information on how to access the webinar the morning of the event.
The Society for Clinical Research Sites, Inc. is accredited as a provider of continuing nursing education by the American Nurses Credentialing Center’s Commission on Accreditation.
To obtain your contact hours for this webinar:
- The webinar must be watched in its entirety.
- The post-webinar survey immediately following this webinar must be completed in its entirety.
- Your contact hour certificate will be sent to you within 30 days of you viewing this webinar.
- The contact hour certificate will be sent to the email address provided when you registered.
Planners, presenters, faculty, authors, and content reviewers do not have any relevant financial relationships with any commercial interest. This webinar does not imply any endorsement of products or services by the Society for Clinical Research Sites or ANCC. The materials and recording of this webinar will be available for one year as an archive, but will not award any contact hours.