New Global Survey Reveals Shift in Clinical Trial Priorities; Payment Efficiencies Emerge as Leading Concern for Sponsors, CROs and Sites
Nearly 800 clinical trial industry representatives from more than 50 countries shared top challenges and opportunities in Greenphire's market trends survey
KING OF PRUSSIA, Pa., Sept. 22, 2022 /PRNewswire/ -- Greenphire, the global leader in financial lifecycle management for clinical trials, today announced results from its 2022 annual market trends survey which examined top challenges and opportunities for sponsors, CROs, and sites across the globe. While survey respondents represented a variety of therapeutic areas, including cardiovascular, medical device, rare diseases, infectious diseases and oncology, responses across the board revealed payments as a central concern for all stakeholders.
A total of 784 industry representatives (274 from sponsors/CROs and 510 from sites) from 51 countries and regions, including the United States, the United Kingdom, Germany, France, Canada, Australia, and Poland participated in the study, which covered the most critical issues while conducting a clinical trial in today's dynamic, complex landscape.
Comparing data from Greenphire's 2020 and 2021 market trends surveys indicate there is a clear shift in focus for the research industry. Increasing the availability of patient convenience solutions was an immediate need to support sites in the wake of the pandemic; while still a priority cited today, gains have been made to increase flexible options for participation. However, 2022 numbers emphasize that grant payments are a high priority for sites across the globe. In fact, the survey showed the most important activity sponsors and CROs can do to enhance relationships with sites is to streamline site payments and invoicing.
Key highlights include:
"As technology continues to penetrate the trial industry, it's imperative not to lose sight of the fundamentals that keep clinical trials on track. Payments drive movement and the simpler and more efficient for sites, the more time they can spend enhancing the patient experience," continued Murphy.
You can access the full survey data here. Greenphire will also be hosting a webinar discussing the survey results on Thursday, September 22, 2022, from 12:00-1:00 PM EDT. Click here to reserve your seat.
Greenphire is the leader in global clinical trial financial process automation. Greenphire's best-in-class solutions optimize clinical trial performance by streamlining payment and logistical workflows from sponsors and CROs to sites and patients. Greenphire's EnvisiX™, eClinicalGPS, ClinCard and ConneX solutions easily handle any type of trial design and complexity, resulting in more accurate and compliant payments and simplified travel globally for both sites and patients. The choice of industry leaders worldwide, Greenphire provides better performance and better data, resulting in better trials. Learn more at www.greenphire.com.
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