Budget Building & Negotiations: An Organized Approach for Successful Trials

Date: Nov 18, 2021 12:00 PM EST

Developing a clinical trial budget for an independent or hospital-based research site can be an overwhelming task. The sheer amount of detail required to build an all-encompassing budget tends to require a unique skill set and careful meticulousness from the person in charge of negotiations on behalf of the site.


During this webinar, we will demonstrate our systematic approach to budgeting and negotiating, which can enable anyone to build a comprehensive budget that accurately captures site costs. We will also discuss dynamic and effective tips and tricks for navigating even the most difficult negotiations.

Learning Objectives

By attending this webinar, you will:

  • Understand how to determine study feasibility (i.e will we gain or lose money on this study).
  • Learn how to develop a comprehensive clinical trial budget based on real data. This includes accurately determining start-up/administrative costs as well as an accurate per-patient budget.
  • Learn how to navigate the negotiation process.
  • About the Speakers:

    Steven Sands

    Senior Research Financial Specialist

    Steven has spent the better part of the last decade working as a clinical research professional in various positions. This includes time spent as a study coordinator for a small oncology practice, a protocol monitor/data manager for a mid-sized CRO, and as a study coverage and compliance analyst for a large institution. Steven utilizes his diverse professional background and compliance skillset to build coverage analyses and negotiate budgets for sites around the country.

    GuideStar Research//www.instagram.com/guidestarresearch//www.facebook.com/AskGuideStar//twitter.com/AskGuideStar//www.linkedin.com/company/guidestar-clinical-trials-management+15047994400info@guidestarresearch.comsales GuideStar ResearchLorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.Homehttps://guidestarresearch.comWebinarshttps://guidestarresearch.com/webinarshttps://guidestarresearch.com/webinars/budget-building-negotiations-an-organized-approach-for-successful-trials