Putting profits to work in CR side of business

September 2011
Clinical Trials Administrator;Sep2011, Vol. 9 Issue 9, p103
The article discusses that clinical research groups should pay attention to their profit margins when reviewing proposed budgets sent by sponsors. It highlights that Piedmont Hematology Oncology Associates of Winston-Salem, North Carolina discovered it was operating at a loss when it analyzed profit and loss statements in 2000. Don McCall, research manager for the firm, states that all costs should be taken into consideration before accepting a budget for a clinical trial.


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