"... I have been in the business for years and consider myself a savvy experienced negotiator. I learned more in one day than I would have ever imagined. The money investment has already paid for itself many times over in the last four contracts we've negotiated..."

-Mark Lacy, President, Benchmark Research

The Hidden Costs of Conducting Clinical Research at the Site

The Place, the Price, and More Details

Registration of $695 includes 1.5 day workshop, all materials, lunch on first day, and networking breaks.


December 8-9, 2010
Turf Valley Resort and Conference Center
Ellicott City, MD 

Rooms available for as low as $125 per night!                     Mention RxTrials and promo code TV270116 when you call or book online for the discounted rate.






The Challenge
In today's environment of increased regulatory compliance, decreasing economics, and growing competition, investigative sites are faced with greater and more complex site management objectives. Often sites are being asked to assume more and more tasks without adequate remuneration. As a result, sites are generating modest to no operating profits as they absorb these "hidden costs" of conducting and providing quality research.

The Solution

How You Will Benefit

  • Understand where the current budgeting process originated and why now is the time for change.
  • Identify hidden costs with each study, which can account for upwards of $10,000.
  • Recognize how poor payment terms conceal hidden costs
  • Gain a greater understanding of the other party's position regarding budgetary constraints
  • Learn to reach mutually agreeable solutions
  • Determine the costs of commonly occurring procedures - the "Hidden Costs" - generally not addressed in study budgets and that negatively affect enrollment
  • Develop and create study budget templates to yield efficiencies and cost savings
  • Learn how accurately and persuasively stating your position positively impacts your outcome
  • Learn how to nullify the top 10 negotiation road blocks
  • Case study of the cost benefit of conducting systematic and accurate study feasibility
  • Learn what qualities (and metrics - if you want to use this word) sites and sponsor should seek in each other 
  • Improve contract interpretation, including indemnification, payment terms, screen failure language and termination clauses
  • Discover fair contract language changes to reach a conclusion acceptable to all parties
  • Discuss the consequences of lack of compliance with a contract

Our Unique Learning Opportunities

  • Case studies enhance participants' understanding and application of the new knowledge they gain.
  • Tools provided to immediately and dramatically enhance your budgeting process.
  • Limited number of attendees provides a more intimate learning environment and allows for an interactive experience.

Who Will Benefit?

  • Budget and Contract Managers
  • Study Coordinators
  • Compliance Auditors
  • Quality Assurance Personnel
  • Investigators
  • Clinical Research Coordinators
  • Site Managers
  • Practice Managers
  • Independent Consultants

Click here to see the agenda.

 

100% Satisfaction Guarantee
Your satisfaction is 100 percent guaranteed - money back or credit. If you're not satisfied with the quality of this program, let us know in writing and we'll refund your registration fee or credit your tuition toward another RxTrials Institute learning event.

Our 1.5-day workshop will help identify the financial management practices that can be used to ensure all costs are identified and recovered. You will reclaim the cost of the workshop in the savings you realize from one successful contract negotiation!