SOURCE: PFS Clinical

PFS Clinical

October 07, 2015 13:30 ET

City of Hope Turns to PFS Clinical to Mitigate Regulatory and Financial Risk With Clinical Research Coverage Analysis and Budget Standardization

MIDDLETON, WI--(Marketwired - Oct 7, 2015) - PFS Clinical, which offers turnkey administrative solutions that address the key pain points of establishing and running a clinical trial office, has been engaged by City of Hope to provide Coverage Analysis (CA) to ensure its clinical research trials remain compliant with complex Medicare billing regulations. To further mitigate financial risk and increase revenues, PFS Clinical also standardized City of Hope's budget processes to ensure proper capture of all billable costs. The PFS Clinical team also worked with City of Hope's CA team to alleviate document discrepancies and reduce staff-associated overhead expenses.

"We are pleased that City of Hope continues to recognize the value of leveraging our expertise and considerable experience to manage the complex and constantly changing regulatory environment," said Teddy Solomon, Lead Budget/Coverage Analyst at PFS Clinical. 

He adds, "Another benefit is the unbiased voice and third-party credibility PFS Clinical lends to the coverage analysis process. This enables organizations to balance internal needs with regulatory mandates to remain both profitable and compliant."

City of Hope is an independent research and treatment center for cancer, diabetes and other life-threatening diseases. Designated as a comprehensive cancer center, the highest recognition bestowed by the National Cancer Institute, City of Hope is also a founding member of the National Comprehensive Cancer Network, with research and treatment protocols that advance care throughout the nation. City of Hope's main hospital is located in Duarte, Calif., just northeast of Los Angeles, with community clinics throughout southern California. It is ranked as one of "America's Best Hospitals" in cancer by U.S. News & World Report. Founded in 1913, City of Hope is a pioneer in the fields of bone marrow transplantation and genetics.

PFS Clinical, a PharmaSeek Company, provides services that set clinical trial programs on solid, compliant ground. Utilizing their team of experts, PFS Clinical focuses on maximizing per-patient budgets and the administrative items paid by the sponsoring organization -- often including its own services. The PFS Clinical staff operates remotely to limit disruptions and delays during the partnership onboarding period. Partnering with PFS Clinical will decrease study start-up timelines, overhead costs, and internal training, while allowing personnel to focus their attention to quality patient care.

PFS Clinical clients include academic medical centers, hospitals, dedicated research sites, multi-specialty practices and trial/site management organizations. Staffed by skilled research professionals, PFS Clinical's suite of services include coverage analysis, revenue cycle management, budget and contract negotiation, claims review, corporate marketing, study advertising, patient recruitment, and business development. For more information visit www.pfsclinical.com.

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