Unknown

Dataset Information

0

Financial management of large, multi-center trials in a challenging funding milieu.


ABSTRACT: BACKGROUND:Randomized clinical trials that have public health implications but no or low potential for commercial gain are predominantly funded by governmental (e.g., National Institutes of Health (NIH)) and not-for-profit organizations. Our objective was to develop an alternative clinical trial site funding model for judicious allocation of declining public research funds. METHODS:In the Vitamin D and Type 2 Diabetes (D2d) study, an NIH-supported, large clinical trial testing the effect of vitamin D supplementation on incident diabetes in 2423 participants at high risk for diabetes, a hybrid financial management model for supporting collaborating clinical sites was developed and applied. The funding model employed two reimbursement components: Core (for study start-up and partial efforts throughout the study, ~40% of the total site budget), invoiced by sites, and Performance-Based Payments (for successful enrollment of participants and completion of follow-up visits, ~60% of the total site budget), automatically issued to the sites by the Coordinating Center based on actual recruitment and visits conducted. Underperforming sites transitioned to Performance-Based Payments only. RESULTS:Recruitment occurred from October 2013 through December 2016, requiring one additional year than the 2-year projection. Median enrollment at each site was 88 participants (range 29-318; 20 to 205% of the site target). At the end of year 1, study-wide recruitment was at 12% of the target (vs. 50% projected) and 12% of the total grant award was invested. The model constantly evaluated sites' needs and re-allocated resources to meet the study enrollment goal. If D2d had issued cost reimbursement subaward agreements and sites invoiced for their entire budget, 83% of the award would have been spent for all study activities over the first 4 years of the trial compared to 65% of the award spent (US$26M) under the hybrid model used by D2d. CONCLUSIONS:It is feasible to foster a hybrid financial management approach to steward limited available public funds for research in a dynamic and consistent way that does not compromise the trial's scientific integrity and ensures conservation of funds to complete recruitment and continue to follow up participants.

SUBMITTER: Lovegreen O 

PROVIDER: S-EPMC5934907 | biostudies-literature | 2018 May

REPOSITORIES: biostudies-literature

altmetric image

Publications

Financial management of large, multi-center trials in a challenging funding milieu.

Lovegreen Olivia O   Riggs Danielle D   Staten Myrlene A MA   Sheehan Patricia P   Pittas Anastassios G AG  

Trials 20180503 1


<h4>Background</h4>Randomized clinical trials that have public health implications but no or low potential for commercial gain are predominantly funded by governmental (e.g., National Institutes of Health (NIH)) and not-for-profit organizations. Our objective was to develop an alternative clinical trial site funding model for judicious allocation of declining public research funds.<h4>Methods</h4>In the Vitamin D and Type 2 Diabetes (D2d) study, an NIH-supported, large clinical trial testing the  ...[more]

Similar Datasets

| S-EPMC4785062 | biostudies-literature
| S-EPMC4107123 | biostudies-literature
| S-EPMC2806366 | biostudies-literature
| S-EPMC3228708 | biostudies-literature
| S-EPMC5898520 | biostudies-literature
| S-EPMC4570903 | biostudies-literature
| S-EPMC8751485 | biostudies-literature
| S-EPMC8508581 | biostudies-literature
| S-EPMC7446809 | biostudies-literature
| S-EPMC8138996 | biostudies-literature