Developing Clinical Study Budgets for Sponsors

Course Description

In an environment where studies are becoming more challenging to execute and taking more resources and time than anticipated, it is key to develop a solid and flexible budget to allow for study execution challenges. In developing a budget it is critical to address all standard line items such as reimbursement for procedures, but how can the oversight and follow-up time be accurately calculated? How does Fair Market Value (FMV) criteria factor into budget development? What questions should be asked to determine additional, unwritten, study expectations? What are some key elements leading to delayed budget negotiation and approval? This web seminar will address the fundamentals of budget development and considerations for ensuring that budgets are developed fairly to ensure that sites are appropriately reimbursed for study expectations.

Learning Objectives

• Discuss the elements of Fair Market Value (FMV)
• Review key questions and items to address prior to developing the budget
• Review techniques and tools for use in budget development at the sponsor and site level

Who Should Attend

• Sponsor and CRO representatives in the following roles:
• Project Managers
• Clinical Research Associates
• Clinical Research Associate Managers
• Contract and Budget Management Personnel
• Directors in Clinical Operations
• Site Managers
• Principal Investigators
• Study Coordinators
• Site Budget and Contract Representatives

Instructor

Mary L. Veazie, M.B.A., CPA, CHC, CHRC

Click here for complete trainer biographies

Registration Fees

$735

Includes up to 20 participants at one site. All participants (up to 20) are eligible for “Certificates of Attendance,” and accreditation, provided that accreditation requirements are met. For groups larger than 20 or for additional sites, please call +1 781.972.5400 or toll-free in the U.S. 800.856.2556 for pricing.

Note: Due to COVID-19, we understand that most teams cannot currently dial-in together. As such, we are able to offer additional logins at a highly reduced rate. Please contact Barnett Customer Service at +1 781.972.5400 or toll-free in the U.S. 800.856.2556 to register with your additional participants requiring login credentials. Or email Customer Service at: customer.service@barnettinternational.com 

Accreditation Information

Barnett International is accredited by the Accreditation Council for Pharmacy Education as a provider of continuing pharmacy education.  Participants will receive 2 hours (0.2 CEUs) of continuing education credit for full participation, including the completion of a pre-test, post-test, and program evaluation.  Barnett International will issue a receipt of completion for earned CEUs within three weeks of program completion.  ACPE#: 0778-0000-21-049-L04-P. Released: 8/21.   

Hold this course at your company! For more information, contact Naila Ganatra at +1 215.413.2471.