In today’s video, I dive into a grab bag of viewer questions. There are several interesting topics discussed such as Clinical Trial StartUp Costs, the necessity of having appropriate insurance in place for your clinical research company, regulatory issues, recruitment topics, how to get more studies for your organization, and last but not least, why hustle is so important in clinical trials! I hope you find at least one valuable idea in this video.
So many people have been emailing me questions in regards to what it costs to open up a new research clinic. For the first 6 months of opening up, you have to expect that you will only have expenses and no income. The key to this entire strategy is to survive this initial 6 months while enrolling study participants on a consistent basis and keeping sponsors and cro’s happy by entering your data in a timely manner and keeping your queries down to a minimum. Through my own firm, I help Sites launch successfully by obtaining a sufficient amount of studies, training staff, creating SOP’s, and providing recruitment assistance. I hope this video provides some help for you and feel free to reach out to me anytime!
The answer, for the most part is YES! There are some exceptions, particularly with cancer studies but the rest of trials out there do not require the participant to have any insurance. In fact, the study participants’ insurance should never be billed even if a hospitalization or other such medical treatment is required due to an adverse event while participating in the study. Under these circumstances, the Sponsor of the study will pay for all medical expenses related to the trial.
When it comes to the clinical research industry, we are all vying to get attention. Whether it be attention from study participants, sponsors and cro’s or even physicians, we are in the eyeballs business! In this quick video I share a strategy for how to get your Facebook post noticed by more people.
This video explains why an in-office pre-screening works much better at study enrollment than just emailing an Informed Consent Form to a potential study participant. It may seem obvious but still not done as much as it needs to be!
In this video I answer a viewer’s question on what a trial master file is when it comes to a clinical research study. Essentially, this is where all the regulatory documents for a clinical trial are held, maintained and updated as needed at the Site level as well as at the CRO and Sponsor level. Let me know if I am missing anything here. Thanks for watching!