Mitigate Fiscal Risks in Clinical Trials

This webinar will discuss good clinical practices, core principles, and project management strategies applicable to financial aspects of clinical research during new biomedical product development process. Strategies and best practices to mitigate fiscal risks in clinical trials will be discussed i.e. coverage analysis, cost estimation, budgeting, and billing compliance.

Why You Should Attend:

This session is focused on processes and approaches to increase fiscal return and mitigate fiscal compliance risk for clinical trials. The ability to develop robust budgets, ensure billing compliance, and adherence to CMS regulations for clinical trials remains a challenge for many clinical sites, sponsors, and contract research organizations (CROs) . Lack of fiscal forecasting and unspecified billing compliance practices associated with clinical trials increases the risks of fiscal audits. A risk-based approach requires not only a strategy but tools to define key indicators to measure specific risks. This session is focused on strategies for covering true costs related to clinical research and distinguishing them from routine care charges, and providing methodologies to avoid false claims and/or wrongful billing.

Areas Covered in the Session :

  • Budgeting in Clinical Research
  • Learn how to perform Medicare Coverage Analysis
  • Define studies qualified for insurance reimbursement for experimental drugs and devices
  • Review device classification and applicable categories of devices for insurance reimbursement within Clinical Trial
  • Review different charges in Clinical Research (research–related versus routine care, billable to insurance)
  • Fiscal forecasting
  • Financial management on Clinical Research
  • Fiscal and billing compliance risk mitigation strategies
Who Should Attend:

  • New Project Managers
  • Project Managers with little or no drug development or clinical trial experience
  • Staff from Pharmaceutical Companies or Contract Research Organizations (CROs) involved with the management of clinical trials
  • New Clinical or other Project Team Leaders who will be managing projects
  • Managers unfamiliar with Clinical Project Management
  • New Clinical, Regulatory, and Department Staff who will design Clinical Trial Programs
  • Clinical Research Associates, Data Managers or others interested in transitioning into Clinical Trial Management
  • Project Team Leaders with limited direct clinical trial experience who will be managing drug development programs and supervising Project Managers
  • Grant Administrators


Marina Malikova

Dr. Malikova has over twenty years of experience in the clinical research field. She has managed Phase I – IV studies involving investigational drugs, devices and biologics. She has worked on Industry-sponsored and Investigator-initiated trials in the fields of Surgery, Cancer Diagnostics and Interventional Radiology.

Dr. Malikova graduated from the Institute of Biochemistry, Russian Academy of Science, in Moscow, Russia with a PhD in Biochemistry. She also holds a Master’s Degree in Clinical Investigation and Project Management Certification from Boston University.

In her current role as Executive Director, Dr. Malikova manages research efforts in 13 divisions of the Department of Surgery at Boston Medical Center. She is responsible for clinical trials and basic biomedical research operations, quality assurance, risk management, safety monitoring, strategic planning, and macro-management of research programs. She provides guidance and oversight to the Project Managers, Clinical Research Associates (CRAs), Clinical Research Coordinators (CRCs), and laboratory staff. She advises faculty/staff on protocol and informed consent writing; assists with BU IRB applications and submissions; provides oversight for data user agreements, cost coverage analysis and budgets development, contracts and licensing for clinical research; and ensures compliance.

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  • Login Information with Password to join the session, 24 hours prior to the webinar
  • Presentation Handout in .pdf format
  • Presentation from the Speaker
  • Feedback form
  • Certificate of Attendance
  • Recording access Information with Password to view the webinar, will be sent 24 hours after the completion of the Live webinar.
  • Presentation Handout in .pdf format
  • Certificate of Attendance