Medidata has introduced a new component of its cloud-based clinical research platform that enables contract research organizations and clinical trial sponsors to calculate and disburse reimbursements.
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.
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