Clinical Research Site Payment Study
Source: Greenphire
![Clinical Research Site Payment Study Clinical Research Site Payment Study](https://vertassets.blob.core.windows.net/image/8924b93b/8924b93b-cd09-44b0-9d70-ae10ccbb07f4/375_250-clinicaltrial_concept2.jpg)
In March of 2016, Greenphire conducted a study of research sites across the country in an effort to further understand:
- The current processes related to reconciling payments at research sites
- The level of satisfaction at research sites around receivables
- The impact that reconciling payments from sponsors / CROs has on the site's ability to conduct a clinical trial
Key takeaways from the survey include:
- A site’s desire for automation - the survey revealed that 85 percent of sites would prefer to work with CROs or sponsors that automate their payment processes
- Preferred payment frequency – 80 percent of sites prefer to be paid monthly vs. quarterly
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