93% of Sites Rank Financial Transparency as Top System Need
Contact:
Mary D’Rozario
Director of Communications
Society for Clinical Research Sites
919.890.5513
mary.drozario@myscrs.org
FOR IMMEDIATE RELEASE
93% of Sites Rank Financial Transparency as Top System Need
Ellicott City, MD, September 6, 2017 – The Society for Clinical Research Sites (SCRS), in collaboration with Medidata (NASDAQ: MDSO), released a new white paper, Site Budget Development and Payment Systems: A Call for Transparency from Clinical Research Sites. The survey found 93% of sites rank financial transparency as a top system need. A complimentary copy of the white paper is available here.
The white paper reports the results of the survey on site needs in areas of payment terms, access to financial information, invoicing practices, budget negotiation and ease of use of technology systems to aid in these requests. Meeting these site needs builds a solid foundation of transparency that increases the efficiency of clinical trials.
“Sites expressed a clear desire for more ‘real-time’ transparent access to financial information,” said Christine Pierre, president of SCRS. “Regardless of the type of site or the number of years of experience, sites see the value in CROs and sponsors using systems that provide this level of information.”
“The success of global clinical trials today relies on efficiency, from the research phase to site payments, but achieving that end-to-end goal can be challenging,” said April Mulroney, managing director of payments at Medidata. “This paper demonstrates that sites value the effort that goes into meeting this goal.”
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About Medidata
Medidata is reinventing global drug and medical device development by creating the industry’s leading cloud-based solutions for clinical research. Through our advanced applications and intelligent data analytics, Medidata helps advance the scientific goals of life sciences customers worldwide, including over 850 global pharmaceutical companies, biotech, diagnostic and device firms, leading academic medical centers, and contract research organizations.
About SCRS
SCRS is a global trade organization founded in 2012 which represents almost 9,000 research sites in over 45 countries. SCRS’ mission is to unify the voice of the global clinical research site community for greater site sustainability. SCRS has become an active partner in industry-wide initiatives and dialogues focused on improving the clinical research enterprise. Sites and the companies that sponsor or support the work conducted at clinical research sites will benefit from membership and partnership. Our Voice. Our Community. Your Success. Join the community and collaborate with the global experts in site sustainability. Visit MySCRS.org.
