Clinical Trial Podcast | Conversations with Clinical Research Experts

Clinical Research Billing for Small to Medium Sites with Kristi Etchberger

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Feb 23, 2022
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ADVICE

Four Pillars of Research Billing

  • Manage clinical research billing by focusing on negotiation, expense tracking, invoicing, and collections.
  • Use a CTMS to improve billing accuracy and reconcile discrepancies with EDC data.
ADVICE

Negotiate Budgets by Procedure

  • Negotiate budgets on a per-procedure basis to ensure all costs and overhead are covered.
  • Use experience and industry standards to benchmark procedure costs for fair pricing.
INSIGHT

CRO Flexibility on Budgeting

  • CROs allow procedure budget negotiation per site to accommodate regional and operational cost differences.
  • This flexibility helps sites cover diverse procedure costs like MRI scans and imaging centers.
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