MRM 505: Financial Management of Research

This course provides an in-depth analysis of clinical research financial regulations, budget process, clinical trial revenue cycle, and patient remuneration. This course describes the significance of ensuring that the investigator and study team are integrated into the financial components of the study to mitigate the risks associated with non-compliance with research billing regulations. Students will understand and be able to apply concepts of financial management, decision-making, and quality assessment to health systems and be able to develop broad policy statements concerning research management. Strategies for developing operational efficiencies and establishing communication channels to enhance sponsor reimbursements will also be discussed.