PYA offers a resource for academic medical centers, hospitals, physician practices, and other organizations looking to initiate a clinical trial. The PYA Clinical Trial Financial Activation Readiness Checklist helps organizations avoid delays, unanticipated costs, budget shortfalls, risk, and lost revenue by addressing key areas in the financial success of a clinical trial:
- Regulatory
- Operational
- Staffing
- Technology
- Compliance
These dependencies can influence study costs, reimbursement, revenue capture, resource utilization, and overall financial performance. The non-exhaustive checklist helps organizations move beyond budgeting and work toward a comprehensive level of financial readiness.
Download the Clinical Trial Financial Activation Readiness Checklist
PYA Healthcare Advisory professionals help clients prepare for and execute financially successful clinical trials. Learn about PYA’s Clinical Research Administration Office and our Healthcare Advisory Services.
Learn more:
- Research Compliance in Today’s Healthcare Environment: Five Compliance Challenges and How to Address Them
- Clinical Trial Budget Negotiations: Five Opportunities to Strengthen Lifecycle Financial Viability
- Clinical Research Operations: Five Overlooked Opportunities to Improve Performance
Download PYA’s helpful resource: Building and Sustaining Research Compliance Programs.
