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Are
Payment Terms Impeding Enrollment Goals
From Being Met?
June 26, 2-3pm Eastern
Click
here to Register online
Michael
Jay, MA, Vice President, RxTrials
Attend
this audio conference and learn from
this industry expert who is known for
his comprehensive understanding of the
financial aspects of conducting clinical
research.
The
majority of sites participate in only
one study, and only 25% of sites have
been participating in clinical trials
for more than five years. This keeps
the site side in a constant state of
“greenness”. Why is turnover
so high? One reason must surely be the
slow and late payments from Sponsors/CRO’s,
cited as the number one operating concern
for research sites in a recent poll.
The
speaker will cover:
- How
slow and late payments from sponsors
are a research site’s number
one operating concern.
- The
average time of a research site’s
Accounts Receivable is 120-140 days.
- Only
16% of Pharmaceutical companies pay
early or on time
- How
sites are borrowing against their
line of credit more and more to cover
the gap between service provided and
receipt of sponsor payment
- IRB
reports that they receive a bankruptcy
notice from a research site at a rate
of one per month.
About
the Speaker:
Michael Jay is vice president at RxTrials,
Inc. Since joining RxTrials in 2001,
he has successfully negotiated and executed
hundreds of clinical research contracts.
He is recognized in the industry for
his comprehensive understanding of the
financial aspects of conducting clinical
research. He also advises hospitals,
private practices and research sites
on financial and contractual operational
activities. He is frequently invited
to speak at national research conferences.
Price
*LIVE
audioconference (includes slides, trial
subscription and CD of the conference):
$399 (after June 21, $450)
*Additional sites per company: $295
*Non-profit/Govt,/Academic: $325
*CD only (includes slides and trial
subscription): $325
(Sharing of lines prohibited)
What
you will receive:
•
Speaker PowerPoint presentation •
Free CD recording of the briefing •
Free TRIAL subscription to BioResearch
Compliance Report •
Certificate of attendance (pending completion
of evaluation form)
Click
here to Register online
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Click
here to Order the CD!
For
any questions or concerns please call
703.779.8777 |
