Clinical research study budgeting & billing is highly complex and often misunderstood. In this course, presenters aim to teach learners the best practices for building a clinical research study budget and identifying the downstream impacts on the organization & patient experience. This course will cover pre-award & post-award topics to allow learners to wholistically understand coverage analysis, budget development, and clinical billing & sponsor invoicing.
Learners should walk away with an understanding of the fundamentals of budget development, including sponsor negotiations, direct & indirect costs, and budget templates. Areas of focus will include study documents & budget alignment, billing compliance & ethical considerations, effective negotiation practices, post-award financial management, & technology integrations. The mini-intensive will include real-world scenarios utilizing case studies and exercises to allow attendees to experience hands-on learning.
Intended Audience
This intermediate level program is intended for mid-level clinical research professionals, including research coordinators and administrators, with limited exposure to clinical research budget & billing. Attendees should have a basic understanding of what defines a clinical research study.
Learning Objectives
- How To: successfully approach a clinical research study budget from “cradle to grave” & obtain a broad understanding of clinical research study budget development and overall financial & billing compliance
- Identifying institutional resources & stakeholders impacted by clinical research
- Review and understand the downstream effect of systematic impact on organization revenue & patient experience