Case Study

Missed Revenue in Clinical Research: 1 Study, 10 Sites, $154,000 Caught

Missed Revenue in Clinical Research: 1 Study, 10 Sites, $154,000 Caught

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844.CKD.ESRD (844.253.3773) | Frenova.com Missed Revenue in Clinical Research: 1 Study, 10 Sites, $154,000 Caught By Uncovering Missed Revenue, Frenova Helps Its Networked Sites Succeed Background The survival of marginally profitable investigational sites concerns the entire clinical research industry, including sponsors. Traditionally, the business relationship between sites and sponsors has been complicated by inefficient processes and sites’ absence of personnel dedicated to properly managing research finances. While sponsor payment systems may be at fault, incomplete payment is also often caused by erroneous and/or incomplete invoicing by sites. Either way, sites routinely miss significant reimbursement opportunities. Is there a remedy? This case study shows how Frenova prev

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