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Financial Issues in Clinical Trials Small Group Session

Financial Issues in Clinical Trials. Learning ObjectiveThis interactive small group discussion will focus onthe issues regarding the various costs of ClinicalTrials. From budgeting, managing time andeffort and billing issues.. Financial Issues in Clinical Trials. -Billing and Collection Proc

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Financial Issues in Clinical Trials Small Group Session

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    1. Financial Issues in Clinical Trials Small Group Session Jamie Caldwell, MBA Director Office of Research Services for the Health Sciences Loyola University Chicago at the Medical Center

    2. Financial Issues in Clinical Trials Learning Objective This interactive small group discussion will focus on the issues regarding the various costs of Clinical Trials. From budgeting, managing time and effort and billing issues.

    3. Financial Issues in Clinical Trials -Billing and Collection Processes -Notification of Clinical Trial Form -Inpatient vs. Outpatient -Plan Code Authorization

    4. Financial Issues in Clinical Trials Tracking Revenue/Accounts Receivables - Invoicing -Revenue by Detail -Accounts Receivable Report

    5. Financial Issues in Clinical Trials Financial Reporting/Closeout -Process Account Closeout Form -Process IRB Closeout Form -Return unobligated balance to sponsor -Residual Balances

    6. Financial Issues in Clinical Trials Billing and Collection Process The Billing and Collection Process at Academic Medical Centers (AMC’s) has become a major concern for many Administrators who are responsible forthe bottom line.

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