ELLICOTT CITY, Md., Oct. 27, 2016
ELLICOTT CITY, Md., Oct. 27, 2016 /PRNewswire/ -- The Society for Clinical Research Sites released a Site Payment White Paper on October 15, 2016 at the Global Site Solutions Summit. The white paper documents five burdens the current site payment structure places on sites and solutions to address these issues. Additionally, the paper outlines further burdens that will be examined over 2016-2017 by the SCRS payment initiative working group.
This white paper comes four years after SCRS published a previous white paper on the same subject, and finds that the same issues are still at play. However, advances in technology such as near 100% adoption of electronic data capture (EDC) for Phase III studies mean that the time is suitable for some of these burdens to be lifted.
"We have legacy payment processes that haven't changed since data was collected on paper case report forms 20 years ago," said Christine Pierre, President of SCRS. "Meanwhile the profit margin at sites has continued to go down and equally as alarming is the finding from the 2017 SCRS Site Landscape survey that 66% of sites have less than 3 months operating in the bank. Sites must be paid in a timely manner from when the data is entered and this working group advocates for payments within 30 days."
Learn more about the findings and advocate for change by familiarizing yourself with the Site Payment white paper. Download the paper here.
SCRS is a global trade organization founded in 2012 which represents over 4,000 research sites in 54 countries. SCRS' mission is to unify the voice of the global clinical research site community for greater site sustainability. SCRS has become an active partner in industry-wide initiatives and dialogues focused on improving the clinical research enterprise. Sites and the companies that sponsor or support the work conducted at clinical research sites will benefit from membership and partnership. Visit MySCRS.org.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/site-payment-white-paper-released-by-the-society-for-clinical-research-sites-300352486.html
SOURCE Society for Clinical Research SitesPR Newswire
Last updated on: 27/10/2016
PharmiWeb.com is Europe's leading industry-sponsored portal for the Pharmaceutical sector, providing the latest jobs, news, features and events listings.
The information provided on PharmiWeb.com is designed to support, not replace, the relationship that exists between a patient/site visitor and his/her physician.