Many research clinic owners have ambitions of building large research centers. While that is a perfectly noble ambition, you must start out small and lay the foundation brick by brick. In this video I discuss how clinical trial site owners can start off small and scale their way up.
It may not be easy to open a clinical research site, but it's certainly not complicated. As a matter of fact, I believe you only need to concern yourself with 3 things. What 3 things? In this video I explain, but the quick answer is:
I recently interviewed Darshan Kulkarni and he taught me a new way to do business development for my clinical research sites and clients. In this video I walk you through this new strategy that is definitely worth giving a try.
I have been speaking to many potential clinical trial site owners lately, and they all naturally inquire about how to go about getting their first study. In this video I share some strategies for how to accomplish this. My consulting firm can also help with this as well for a small monthly fee.
Phase 4 studies are typically easier to recruit patients for, and conduct as a clinical research site. Novice sites and Investigators may be able to pad their CV's and experience by participating in these trials. Clinicaltrials.gov is free and lists thousands of non interventional trials.
With all the metrics that you can use in the business world to assess your company's performance, when it comes to clinical research sites, the most useful metric is profit per study. While profit per employee and profit per visit might be useful, I personally have not found any quite as helpful as profit per study.