Patient recruitment & acquisition

One clinic that is known to diversify the contract clinical test services provider, had bought the universal patient retention and recruitment firm. The acquisition keeps on the consolidation of a patient recruitment service market.





The financial terms have not been disclosed for a private equity-backed contract, which the clinic CEO characterized as the “small-to-middle-sized” given employee headcount. The clinic then will be totally integrated to the recent business division.





The key for the management to be capable of demonstrating that the shared values of a clinical trial place network that is going to be continued to grow and expand as well—with the patient recruitment engine can provide the better reliability and the predictability in gathering those patient enrollment targets.





Traditionally, the patient recruitment services had been primarily used to rescue under the enrolling studies. The acquisition gives the clinic the chance to change the paradigm and apply the more analytical and inclusive approach in attaining the patient recruitment goals through utilizing their own site network with working research centers hand-chosen by the sponsors. It might be the compelling value proposition that is for the CROs and the pharma.





The top secret-sauce is building this to an integrated present. It is not an additional. When the clinic committed to enrolling many patients, they will use all the things that have at the disposal to locate, screen and enroll the eligible patients.





The acquisition contains affiliates which the marketing division that is directing the social media and the internet-based technologies. The clinic that specializes in areas like orphan disease and the exclusive patient populations for the hard-to-recruit tests, also gives the lost-to the follow-up services that minimizes the quantity of patients that are dropping out of the studies and had established relationships with over 30 global patients communities. An acquisition will also support some other business segments, with offering patient recruitment abilities as an adjunct to the medical imaging services.





The industry experts anticipated any further consolidation of the patient recruitment service market. The acquired patient recruitment services provider will more effectively compete towards the other major CROs together with organically enhanced patient recruitment service areas.





The post-acquisition will continue to operate being a different business unit. The company might sell services to sponsors and to the largest CROs which will directly compete for business. In the contrary, the group will be totally integrated to the clinic. Since the company concentrates in the niche areas, this will only compete with traditions in some areas where abilities overlap.





The integration is anticipated to run smoothly and the companies may collaborate on the present study opportunities where a sponsor company had chosen both site network and the patient recruitment services.





The studies can be used to pilot integrating services together and to demonstrate the value of the combined offering and this is the key. It is not being able to make it once. It is being able to perform it consistently and to attain or exceed the enrollment targets of the studies that had been involved in.

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