More bang for your buck: 7 reasons why outsourcing your clinical trial recruitment can save you money
25 August 2023
Overview | Introduction
Though clinical trials are the driving force behind medical breakthroughs that benefit us all, recruitment remains a significant hurdle for getting clinical trials underway and with the right participants. And delays in recruitment can extend clinical trial timelines and increase associated costs, including personnel salaries, equipment maintenance, and facility rentals. One way you can surmount your recruitment challenges without straining your budget is by outsourcing this task to a company specialising in clinical trial recruitment and management services, such as Evrima Technologies. Armed with a wealth of expertise in participant engagement and enrolment strategies, as well as scalable solutions that can be tailored to individual clinical trial objectives, companies specialising in clinical trial recruitment can help you optimise your resources, curtail risks, and accelerate enrolment. In this blog post, we will provide 7 reasons why collaborating with a dedicated recruitment partner can help you save money across the lifecycle of your clinical trial, usher in a new era of streamlined and budget-friendly clinical trial recruitment, and ultimately advance medical breakthroughs.
Reason one: Reduced overhead costs
Developing and maintaining an in-house recruitment team requires significant investment in personnel, training, infrastructure, and technology. Outsourcing your clinical trial recruitment can eliminate these fixed costs and allow you to pay for services as they are needed. For instance, through Evriquest, our clinical trial recruitment services, we offer a tailored suite of service options to help you hit your individual trial recruitment targets, including pre-screening support, strategic marketing campaigns, and access to our Evrilink platform, which provides full visibility on your clinical trial recruitment progress. By outsourcing your clinical trial recruitment, you can mitigate your overhead costs while accessing top-tier, solutions-based recruitment services.
Reason two: Efficient resource allocation
By outsourcing your clinical trial recruitment, you can allocate your internal resources more efficiently. Instead of diverting your manpower and expertise towards recruitment, you can focus on ensuring your trial is conducted ethically, adheres to rigorous scientific standards, and ultimately contributes to improved patient outcomes. As such, by focusing on core activities like designing the study protocol and managing data collection and analysis, you can optimise your labour costs while advancing medical knowledge through well-executed trials.
Reason three: Faster enrolment, quicker results
As the saying goes, time is money. And by outsourcing your clinical trial recruitment to a company renowned for enrolling participants quickly and accurately, you can shorten the time it takes to complete your trial. Curtailing your trial's duration can, in turn, reduce associated costs, such as site maintenance, monitoring, and administrative expenses, while expediting results - thereby aligning swift trial timelines with leaner budgets. In fact, we recently collaborated with Dare BioScience to help them recruit participants for a Phase 1 study testing an investigational product for dysmenorrhea. We deployed a multi-channel marketing campaign as part of our Evriquest services and recruited an ample number of right-fit participants three weeks ahead of schedule.
Reason four: Access to expertise and best practices
Companies specialising in clinical trial recruitment bring a wealth of experience, knowledge, and resources in finding and engaging protocol-specific patient populations. Likewise, they often have access to a diverse pool of potential trial participants due to their extensive databases and collaborations with healthcare providers and patient advocacy groups. As such, by collaborating with a company of this nature, you can leverage their expertise and networks to enhance the reach and precision of your recruitment efforts. This not only expedites the journey to medical breakthroughs, but it also curtails the associated costs.
Reason five: Avoiding trial delays
Delays in recruiting right-fit participants can extend clinical trial timelines and increase associated costs. Companies specialising in clinical trial recruitment can use their understanding of market dynamics, data-driven insights, and access to proven strategies to comfortably navigate recruitment challenges and optimise patient enrolment. For instance, our Evrilink clinical trial software solution allows users to produce real-time, de-identified reports of their recruitment progress, so they can make data-driven decisions about their recruitment efficiencies. As such, by outsourcing your recruitment efforts to a company of this nature, you can minimise the risk of enrolment delays, safeguard against potential financial consequences, and accelerate the path to valuable patient outcomes.
Reason six: Scalable solutions
Companies specialising in clinical trial recruitment generally offer scalable solutions that can encompass, and adapt to, different phases of the recruitment process, such as pre-screening support, targeted marketing campaigns, participant engagement platforms, and advanced data analytics. As such, by outsourcing your clinical trial recruitment to a company of this nature, you can ramp up efforts when needed without unnecessary fixed costs.
Reason seven: Regulatory compliance
Companies specialising in clinical trial recruitment typically have experience in navigating the ethical and regulatory landscape governing patient recruitment, including informed consent procedures and privacy regulations. As such, outsourcing your recruitment efforts to a company of this nature can prevent costly delays, fines, or even legal repercussions that can arise from non-compliance.
Final thoughts | Summary
In the dynamic landscape of clinical trials, where time and precision are paramount, recruiting patients efficiently is critical for success. As we have shown in this blog post, recruitment challenges can cause delays, extend timelines, and amplify associated costs. You could save money by partnering with a company specialising in clinical trial recruitment and leveraging their expertise, networks, and scalable solutions to avoid trial delays, allocate resources efficiently, reduce overhead costs, and recruit participants quickly, accurately, and in accordance with the relevant ethical and regulatory standards. In particular, our clinical trial recruitment services, Evriquest, affords a tailored suite of solutions-based service options, such as marketing campaigns and pre-screening support, to help you get your clinical trial underway, with the right people, sooner.