Compensating Investigators: A Guide for Sites
If your site could use a top-notch consultant to walk you through the ins and outs of compensating clinical trial investigators, consider the Compensating Investigators: A Guide for Sites management report.
Like a great consultant, it is designed to answer all your compensation questions and successfully guide you through the multitude of decisions you must make and the steps you need to take.
There are countless factors to take into consideration when calculating fair market value, figuring out what services to cover, how to cover costs and the seemingly endless details a contract must address. Any missteps and you may run afoul of the federal Anti-Kickback Statute, the False Claims Act or other laws that carry hefty penalties.
Using real-world examples of how a major research institution — Stamford Hospital — sets budgets for investigator payments, this guide gives you the information you need to determine investigator compensation, set your organization’s investigator compensation policy and adjust for unique situations.
Compensating Investigators walks you through how to establish exactly what services the investigator will provide, whether other sources will cover these costs (e.g., trial budget), the fair market value of the services and how compensation intersects with federal regulations and Medicare reimbursement.
It empowers you to set compensation policy, explaining the pros and cons of creating a master plan that compensates all investigators in the same way vs. varying compensation by specialty, therapeutic area or geographic location, as well as various compensation models.
- How to determine fair market value
- Three types of services for which investigators should be paid — and who pays for them
- Federal laws impacting compensation, including the Anti-Kickback Statute and the False Claims Act
- Definition of relative value unit (RVU) and its relationship to Medicare reimbursement
- Legal implications of improperly compensating investigators
- Compensation models
Take the guesswork and distress out of clinical trial investigator compensation. Compensating Investigators: A Guide for Sites has everything you need for success.
Who Will Benefit
- Clinical research coordinators (CRCs)
- Site directors
- Budgeting/planning staff
- Legal/contracting staff
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