The second edition of RealTime Reports examines how clinical research sites are pricing services billed back to sponsors, highlighting key trends such as document storage fees, eSource platform costs, and effective negotiation strategies that help secure fair compensation for eClinical technology investments. Additionally, the report breaks down preferred invoicing practices, fee standardization, and best-practice insights directly from top-performing sites. By leveraging these findings, sites can benchmark their current practices, refine negotiation approaches, and strategically adjust pricing to support sustainable growth and overall profitability.
Key Findings:
The majority of respondents represent well-established clinical research sites, with over 10 years of experience.
Cost-based and market-based pricing models dominate how sites determine pricing for services billed back to sponsors. Sites tend to adjust their pricing on a per-study basis or annual basis, showing that pricing strategies are often tied to specific study requirements. This approach indicates that sites generally prioritize tailoring pricing to the unique demands of each study, allowing them to account for variations in study complexity, resource needs, and sponsor expectations.
There is a blend of physical and electronic document storage methods among sites, with electronic document storage options gaining increased adoption. Many sites are transitioning to electronic systems due to their efficiency, security, and ease of access, which support compliance with regulatory standards.
Many charge fixed fees for document storage or bundle the costs into overall trial management fees. Single sites, AMCs, and hospitals with over 10 years of experience are leading in cases where document fees exceed 100% of costs.
Sites prefer monthly or per-visit invoicing as their primary billing methods. While some sites choose to bundle costs into a single charge, others itemize services depending on the sponsor’s contract. This reflects the diverse approaches sites are taking to establish predictable cash flows.
Although only 37% of Single-Site respondents currently use eSource exclusively, an encouraging 47% are considering the transition. This highlights a rising awareness of the advantages of advanced electronic data collection methods.
When sponsors initially deny reimbursement requests, collaboration is the preferred method for resolving disputes. However, if sponsors remain unwilling, some sites walk away from the study to protect their financial interests, while other sites take a firm stance, negotiating for better terms.
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookies PolicyCookie settingsACCEPT
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.