Medidata believes its new solution alleviates a key pain point in the clinical trial payment process. Payment for clinical trial work is often burdened by slow reimbursement, calculation errors and inaccurate payments, putting financial strain on investigative sites, according to the company.
The solution, Medidata Payments, offers clinical researchers an end-to-end reimbursement tool to pay investigative sites in real-time.
For more information on Medidata, click here.
More articles on revenue cycle management issues:
Revenue cycle management — a four-step approach to developing an effective compensation plan for hospitals and health systems
Attorney: Site-neutral payments will increase cost for other payers
Norman Specialty Hospital in Oklahoma to close, eliminating 167 jobs