Literature DB >> 24661748

Financial management of a large multisite randomized clinical trial.

Alice J Sheffet1, Linda Flaxman, MeeLee Tom, Susan E Hughes, Mary E Longbottom, Virginia J Howard, John R Marler, Thomas G Brott.   

Abstract

BACKGROUND: The Carotid Revascularization Endarterectomy versus Stenting Trial (CREST) received five years' funding ($21 112 866) from the National Institutes of Health to compare carotid stenting to surgery for stroke prevention in 2500 randomized participants at 40 sites. AIMS: Herein we evaluate the change in the CREST budget from a fixed to variable-cost model and recommend strategies for the financial management of large-scale clinical trials.
METHODS: Projections of the original grant's fixed-cost model were compared to the actual costs of the revised variable-cost model. The original grant's fixed-cost budget included salaries, fringe benefits, and other direct and indirect costs. For the variable-cost model, the costs were actual payments to the clinical sites and core centers based upon actual trial enrollment. We compared annual direct and indirect costs and per-patient cost for both the fixed and variable models. Differences between clinical site and core center expenditures were also calculated.
RESULTS: Using a variable-cost budget for clinical sites, funding was extended by no-cost extension from five to eight years. Randomizing sites tripled from 34 to 109. Of the 2500 targeted sample size, 138 (5·5%) were randomized during the first five years and 1387 (55·5%) during the no-cost extension. The actual per-patient costs of the variable model were 9% ($13 845) of the projected per-patient costs ($152 992) of the fixed model.
CONCLUSIONS: Performance-based budgets conserve funding, promote compliance, and allow for additional sites at modest additional cost. Costs of large-scale clinical trials can thus be reduced through effective management without compromising scientific integrity.
© 2014 The Authors. International Journal of Stroke © 2014 World Stroke Organization.

Entities:  

Keywords:  carotid endarterectomy; carotid stenting; clinical trial; cost factors; economics; stroke

Mesh:

Year:  2014        PMID: 24661748      PMCID: PMC4107123          DOI: 10.1111/ijs.12259

Source DB:  PubMed          Journal:  Int J Stroke        ISSN: 1747-4930            Impact factor:   5.266


  7 in total

1.  Stenting versus endarterectomy for treatment of carotid-artery stenosis.

Authors:  Thomas G Brott; Robert W Hobson; George Howard; Gary S Roubin; Wayne M Clark; William Brooks; Ariane Mackey; Michael D Hill; Pierre P Leimgruber; Alice J Sheffet; Virginia J Howard; Wesley S Moore; Jenifer H Voeks; L Nelson Hopkins; Donald E Cutlip; David J Cohen; Jeffrey J Popma; Robert D Ferguson; Stanley N Cohen; Joseph L Blackshear; Frank L Silver; J P Mohr; Brajesh K Lal; James F Meschia
Journal:  N Engl J Med       Date:  2010-05-26       Impact factor: 91.245

2.  Organizing the Carotid Revascularization Endarterectomy versus Stenting Trial (CREST): National Institutes of Health, Health Care Financing Administration, and industry funding.

Authors:  Robert W Hobson; Virginia J Howard; Thomas G Brott; George Howard; Gary S Roubin; Robert DG Ferguson
Journal:  Curr Control Trials Cardiovasc Med       Date:  2001-07-13

Review 3.  Progress and problems for randomized clinical trials: from streptomycin to the era of megatrials.

Authors:  Lutz Hilbrich; Peter Sleight
Journal:  Eur Heart J       Date:  2006-07-26       Impact factor: 29.983

4.  Interventions to increase enrollment in a large multicenter phase 3 trial of carotid stenting vs. endarterectomy.

Authors:  Mary E Longbottom; Jamie N Roberts; Meelee Tom; Susan E Hughes; Virginia J Howard; Alice J Sheffet; James F Meschia; Thomas G Brott
Journal:  Int J Stroke       Date:  2012-05-28       Impact factor: 5.266

5.  Design of the Carotid Revascularization Endarterectomy vs. Stenting Trial (CREST).

Authors:  A J Sheffet; G Roubin; G Howard; V Howard; W Moore; J F Meschia; R W Hobson; T G Brott
Journal:  Int J Stroke       Date:  2010-02       Impact factor: 5.266

6.  NINDS clinical trials in stroke: lessons learned and future directions.

Authors:  John R Marler
Journal:  Stroke       Date:  2007-10-25       Impact factor: 7.914

Review 7.  Using a business model approach and marketing techniques for recruitment to clinical trials.

Authors:  Alison M McDonald; Shaun Treweek; Haleema Shakur; Caroline Free; Rosemary Knight; Chris Speed; Marion K Campbell
Journal:  Trials       Date:  2011-03-11       Impact factor: 2.279

  7 in total
  1 in total

1.  Proportional constrained longitudinal data analysis models for clinical trials in sporadic Alzheimer's disease.

Authors:  Guoqiao Wang; Lei Liu; Yan Li; Andrew J Aschenbrenner; Randall J Bateman; Paul Delmar; Lon S Schneider; Richard E Kennedy; Gary R Cutter; Chengjie Xiong
Journal:  Alzheimers Dement (N Y)       Date:  2022-04-05
  1 in total

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