Panel: Elevating Clinical Research Site Relationships with New Budget & Payment Paradigms

Session details:

In the current clinical trial landscape, sponsors and contract research organizations (CROs) are carefully considering how they can improve their relationships with clinical research sites. Elevating site support with comprehensive budgets and accelerated site payments has emerged as a key strategy in this effort. In this session, we will discuss questions that Sponsors should be asking, such as: 

• How will the study budget be negotiated and structured?
• Should we set up budget parameters that take into account cost drivers that may apply to potential sites including location and the inflation environment?
• Are there any costs that sites may incur that are not on the schedule of events, but should be included in the budget?
• What are the payment triggers and how do they align with available data sources?
• Are there any items that can be moved from an invoiceable cost to an automated item?
• What are the payment terms and will there be withholding?