Advanced Site Management: Finance and Productivity Enhanced Business Practices for Clinical Research Programs (Dec, 2017)

Advanced Site Management: Finance and Productivity Enhanced Business Practices for Clinical Research Programs is organized by Society of Clinical Research Associates (SOCRA) and would be held during Dec 07 - 08, 2017 at The Westin Las Vegas Hotel Casino and Spa, Las Vegas, Nevada, United States of America. This CME conference has been approved for 12.5 CME credits.

Course Objective:
The goal will be accomplished through lecture, case study, practical application and hands-on experimentation facilitated by experienced clinical research professionals. Information and practical application recommendations will be discussed regarding all of the functions of the research site related to finance, productivity, budgeting, billing, and executive reporting.

Learning Objectives:
Upon completion of this course the attendee should be able to:
• Describe the role of financial management in medical research
• Discuss current trends in the clinical research industry
• Discuss the foundational principles required to build a profitable research site
• Explain effective processes for implementing billing systems and assuring billing compliance including relevant CMS (Centers for Medicare & Medicaid Services) billing regulations
• Demonstrate an ability to conduct billing analysis on research protocols
• Describe techniques for assessing study costs and reviewing sponsor budgets
• Describe tools to assist in clinical trial budget negotiation
• Demonstrate an ability to calculate the complete cost of a research study
• Demonstrate an ability to understand the contract negotiation process
• Discuss revenue recognition models and tools
• Describe methods for assessing study performance and revenue positions and for enhancing cash flow
• Describe methods for managing research program accounts receivable and business office reporting requirements
• Discuss issues and challenges related to managing expenses at the clinical research site
• Describe methods of calculating the profitability of a clinical research program
• Demonstrate an ability to develop a research budget
• Demonstrate an ability to use spreadsheets in managing financial aspects of clinical trials
• Describe issues related to reporting the results of a research program to executive management