College of Medicine Sees a Cost and Resource Savings in Moving from Cash to ClinCard
The Risk and Drain of Patient Reimbursement
Like many research institutions around the world, one of the nation’s premier institutions for medical education, basic research and clinical investigation issues stipends to keep its clinical trial participants engaged throughout their studies.
Issuing stipends to clinical trial participants seems simple enough – pay the subject for their time and be on your way. Unfortunately, it’s not that simple. Distributing cash and checks can be extremely time-consuming, particularly when you are conducting numerous studies with hundreds of participants.
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