Cost of Compliance Rising for AHCs
The Association of Academic Health Centers (AAHC), a non-profit organization supports the nation's academic health centers, has released a paper reporting that its members are allocating higher amounts of funds towards increasingly burdensome clinical trial compliance requirements. The AAHC placed investing in compliance as its top priority and called the requirements essential for ensuring safe and effective trials. However, the AAHC stated the cost of compliance is a national issue facing the entire academic health center (AHC) enterprise. The report said that for a one-year period, some AHCs reported compliance costs increased as much as 70%. The paper is called Investing in Clinical Trial Compliance.
“The AAHC is actively pursing solutions to the complex cost issues through its Forum on Regulation,” said AAHC president and chief executive officer Steven Wartman, M.D.