Proliferating
funding and financial support forClinical Trials
Proliferating
funding and financial support forClinical Trials
From Site Selection to Closeout, we ensure your clinical research payments are taken care of with our site financial services so that you can focus on the growth of your clinical research site.
Your End to End Solution
Efficacity prices out and negotiates your clinical research budgets, builds them in a CTMS, and financially manages your revenue.
- Multiply your revenue, accounting for every possible cost.
- Leverage the budgets of other research sites in HCOL areas.
- Ensure every dollar is accounted for in your clinical research payments.
- As Customized and Transparent as desired.
Unlock Your Site's Financial Potential
At Efficacity, we draw on our team’s experience negotiating over hundreds of budgets with sponsors to advocate for more competitive rates. We push back on the ‘fair market value’ feedback that could be limiting your budget potential, ensuring you receive the funding your research deserves.
Ensure
Financial Security for Sites
We proactively ensure that sponsors honor the terms of their contracts. By thoroughly reviewing and negotiating better terms, we work to secure more favorable conditions that protect your interests and ensure you are compensated fairly. Our goal is to help you optimize financial performance, avoid payment delays, and ensure you’re paid more consistently and on time — allowing you to focus on your research.
- Minimum of seven team members on your account, scaling with growth.
- Reliably handling budgets, negotiations, CTMS template building, invoicing, and payment reconciliation.
- Never worry about your incoming clinical research revenue again.
How it Works
Consultation
Schedule an initial consultation to discuss your clinical research site’s financial needs. Our experts will gather the necessary information to provide tailored financial solutions.
Budgeting and
Negotiation
With our site financial services, we create comprehensive budgets for each research project and negotiate with pharmaceutical companies to maximize funding for your site.
REVENUE Management Made Easy
Utilize our skills in Clinical Trial Management Systems (CTMS) for seamless research revenue cycle management. We handle invoicing, payment reconciliation for site payments, accounts receivable, and expense tracking throughout the project.
Pricing
At Efficacity, we offer a flexible pricing structure designed for all research sites. With our percentage-based model, you are only billed when payments are received for your clinical research efforts, ensuring a risk-free, results-driven approach.