Original Publish Date: June 07, 2016
Clinical Trials are an inventive way to bring several treatment options to a private physician practice that they would not otherwise have to offer. Most importantly it provides new therapy options to clinicians to offer to their patients. Providing cutting edge Clinical Trials offers patients and their families’ new approaches to their medical conditions as well as provide free treatment alternatives.
Clinical trials add a collaborative approach to patient care between the research professional, managing clinician, the patient and his/her family. While it entails additional efforts on all parties involved, the outcomes and contribution to further clinical research is impressive.
From the clinician’s perspective, Clinical Trials bring an additional service to the patients with an associated revenue stream. They can add significant revenue to a practice if the clinicians and support staff endorses the service, help refer into it, and support the administrative load associated with conducting trials.
If a practice wants to get involved in Clinical Trials, it is advised to find experienced, qualified staff, or a proven clinical research management company with solid experience and superior outcome results. Clinical research is an industry where experience in both conducting and managing the trials is imperative. Protocol compliance is of the utmost importance. In addition, success in recruiting appropriate and compliant patients that will participate in the studies is an indication of successful management and results in pharmaceutical sponsors’ willingness to work with you.
Several factors need to be considered in the decision to bring clinical research into your group:
From a Sponsor’s (pharmaceutical company) perspective, they are looking for sites where experience exists and successes can be achieved. The objective of a Clinical Trial is to determine the safety and effectiveness of new treatment options (drugs, devices, technology, etc.). Therefore, they are looking for reliable data and lots of it. As such the sites that they are willing to work with must meet the following criteria:
Like anything, to be successful in Clinical Trials in a physician practice the number one priority is commitment. Adding Clinical Trials to the compliment of services offered in the practice is an exceptional way to assist patients with their continued care and maintenance of their medical conditions. It offers alternatives to patients that many other practices cannot provide. The journey of setting up Clinical Trials in a practice can take some time due to study and patient recruitment, but once the practice gets started into managing Clinical Trials, it is a steady flow of revenue and options for patient care.
Cindy manages and consults on all aspects of physician practice operations, including human resources, staffing, scheduling, accounts receivable, accounts payable, debt financing, physician compensation models, and budgeting. Her specialties include practice management consulting, practice growth strategies, physician EMR implementations, and collection management.
Cindy also oversees the strategic and operational aspect of Ohio Clinical Research Partners (OCRP), a clinical trial management company.
Cindy joined Medic Management Group, LLC in 2000 and help to start OCRP in 2006 She has more than 30 years of experience in the health care industry.
Cindy received her Master of Business Administration in accounting and finance from Case Western Reserve University and her Bachelor of Arts in political science from the University of Michigan.
Contact Cindy at email@example.com