The Financial Landscape of Clinical Trials: Challenges and Solutions for Sites
Clinical trials are the backbone of medical advancements, bringing new treatments and therapies to market. However, managing the financial aspects of clinical trials is a complex challenge for research sites. From budgeting and invoicing to tracking payments, financial mismanagement can lead to significant revenue loss, impacting a site’s sustainability. In this blog, we’ll explore common financial challenges faced by clinical trial sites and practical solutions to streamline site finances. Common…