What CR sites need now is Financial Management 101

July 2011
Clinical Trials Administrator;Jul2011, Vol. 9 Issue 7, p73
The article suggests that clinical research (CR) sites need to follow best practices of financial management in order to survive difficult economic times. It mentions that Aspen Clinical Research in Orem, Colorado uses quarterly payments initially and then switches to monthly payment cycles. Included are comments from Aspen's chief executive officer, Jon Ward, and Bobbi Tafara, director and owner of Suncoast Clinical Research in New Port Richey, Florida.


Related Articles

  • Review: patient reminder or recall systems improve immunisation rates. Szilagyi, P.; Vann, J.; Bordley, C. // Evidence Based Medicine;Jul2003, p124 

    The article features a study that investigates the effectiveness of recall or patient reminder systems in enhancing the immunization rates of patients in Minnesota. Researchers performed randomized controlled trials on 40 selected studies to determine the different methods used in reminding...

  • Coding for Clinical Trials. Parman, Cindy C. // Journal of Oncology Management;Nov/Dec2004, Vol. 13 Issue 6, p7 

    Although CMS reimburses for routine care associated with clinical trials. it is essential that the correct diagnosis code, modifier, and, where necessary. HCPCS Level 11 procedure code he assigned to accurately report these qualifying trial services. Remember that not all insurance payors will...

  • Managing Clinical Trials -- Frustration or Bliss? Willenberg, Kelly M. // Journal of Oncology Management;Nov/Dec2004, Vol. 13 Issue 6, p24 

    The proper financial administration of clinical trials is becoming a major priority and necessity for involved institutions. The Office of Inspector General in the Department of Justice is sharpening its radar on this growing field. Institutions involved in the conduct of a clinical trial need...

  • Tips for a more useful, accurate CR budget.  // Clinical Trials Administrator;Jul2011, Vol. 9 Issue 7, p76 

    The article offers information on how to improve financial management of a clinical research (CR) site by focusing on a useful and most accurate budget. It discusses the tips offered by Steven Ziemba of Phoebe Putney Memorial Hospital in Albany, Georgia for calculating true productivity costs,...

  • The devil is in the detail - a multifactorial intervention to reduce blood pressure in coexisting diabetes and chronic kidney disease: a single blind, randomized controlled trial. Williams, Allison F.; Manias, Elizabeth; Walker, Rowan G. // BMC Family Practice;2010, Vol. 11, p1 

    Background: About 30-60% of individuals are non-adherent to their prescribed medications and this risk increases as the number of prescribed medications increases. This paper outlines the development of a consumer-centred Medicine Self-Management Intervention (MESMI), designed to improve blood...

  • Effects of computer reminders on complications of peripheral venous catheters and nurses' adherence to a guideline in paediatric care--a cluster randomised study. Förberg, Ulrika; Unbeck, Maria; Wallin, Lars; Johansson, Eva; Petzold, Max; Ygge, Britt-Marie; Ehrenberg, Anna // Implementation Science;1/27/2016, Vol. 11, p1 

    Background: Reminder systems in electronic patient records (EPR) have proven to affect both health care professionals' behaviour and patient outcomes. The aim of this cluster randomised trial was to investigate the effects of implementing a clinical practice guideline (CPG) for...

  • Public Sector Retiree Health Care Benefits: A View from the American States. Coggburn, Jerrell D.; Daley, Dennis M.; Kearney, Richard C. // Public Personnel Management;Summer2012, Vol. 41 Issue 2, p219 

    This paper reports findings of a survey on retiree health care benefits in the American states. It begins with an overview of the challenges the states face following the reporting of their unfunded liabilities for other (non-pension) post employment benefits, as required by GASB 45. Next, it...

  • Research sites can improve compliance by forming centralized CT operations.  // Clinical Trials Administrator;Nov2010, Vol. 8 Issue 11, p121 

    The article offers information on the impact of research sites to improve staff's study operations and regulatory compliance by forming centralized clinical trial (CT) office. It states that centralized CT offices can supervise compliance and billing issues and render support services, to...

  • Cutting product cost via value analysis. Passarelli, Mike // Healthcare Purchasing News;Oct2012, Vol. 36 Issue 10, p52 

    The article report on a successful cost cutting initiative featuring the use of value analysis which was implemented at Lawrence & Memorial Hospital in New London, Connecticut in an effort to meet health care reform requirements. The role that Data Leverage Group LLC played in helping the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics