Article | April 27, 2023

How To Budget For Site Payments Success

By Brenda Mull, Associate Director, Cost Benchmarking, IQVIA Technologies

GettyImages-1295902079 budget

Clinical trial planning involves more than just creating a protocol to prove the safety and efficacy of a new medication or device. Before launching patient recruitment and enrollment efforts, clinical operations teams must first set up a site budget to better predict, prepare, negotiate, and manage investigator grant payments for each research site conducting the clinical trial.

Not an easy task, ensuring sites are paid in a timely and consistent matter requires discussions with stakeholders in functions ranging from medical writing to clinical data management (CDM) to electronic data capture, as they all have a significant impact on the budget and payment process.

For site payments to run smoothly, learn why there needs to be a deliberate effort to bring these functions together, understand how each impacts the other, and agree on a path forward.

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