Professional Services
Budget Negotiation
Budget negotiation is a time-consuming component in clinical trial startup. Rely on Advarra’s expertise, resources, and quick turnaround times to help ensure you achieve your funding goals.
Average Negotiation Results
- Budget negotiation timeline: 36 days
- Per-patient cost increase: 66%
- Study startup budget increase: 199%
Why Choose Advarra for Budget Negotiation?
Turnaround Times
The industry average of negotiation timelines is 109 days. Advarra significantly reduces these timelines to just 30-45 days – a reduction of up to 72%.
Budget Increases
While the industry average for budget increases is just 8% per patient and 17% for startup costs, Advarra consistently secures increases of 50% per patient and 150% for startup costs.
Workload Alleviation
Advarra manages the complex, time-consuming negotiation process, reducing site workload while keeping you informed, so you can focus on other trial activities.
Testimonials
We were very happy with the coverage analysis and budget negotiation services provided by Advarra. We were amazed at the transitioning process of these requests to budget set-up, which will reduce study startup timelines.
Advarra has been able to significantly increase our clinical research budget funding, while drastically cutting our time dedicated to the budget process. We especially love how Advarra is able to cover the costs of their own fees.
