SCRS Launches Collaboration to Alleviate Site Financial Burdens
The Society for Clinical Research Sites (SCRS) has kicked off the Site Payment Initiative, an endeavor that will bring sites, sponsors and CROs together to tackle financial struggles sites frequently name as pain points.
Initially, the program intends to address multiple financial challenges encountered by sites during trials, including holdback payments, delayed payment frequencies and taxes on patient stipends, among others. The initiative looks to ensure that sites receive 100 percent of earned revenue, see monthly payments instead of quarterly payments, and enable participants to receive allowances untaxed.
“Many of these payment and financial challenges have unfortunately burdened sites for decades,” Allyson Small, SCRS’ chief operating officer, said. “A unified voice to advocate for the financial needs of sites and patients is still very much needed, and we are confident that now is the time to enact change. By working with this group of motivated sites and industry partners, we hope to enhance sustainable practices that benefit clinical research as a whole.”
Stakeholders interested in taking part in the program should contact SCRS at firstname.lastname@example.org.