Thursday
December 5, 2024
Financial Foundations: Budgeting For Sustainability & Profitability
Launching oncology trials as a new site requires a strong grasp of financial management to ensure sustainability and profitability. This discussion offers a comprehensive overview of financial considerations tailored for emerging oncology research sites. Through practical insights and case studies, participants will leave with the tools and knowledge needed to navigate financial challenges and build a foundation for long-term success.
Learning Objectives:
– Analyze key cost drivers and develop effective budgets for oncology trials.
– Craft a site-specific P&L statement to assess financial viability and sustainability.
– Differentiate between profit and non-profit needs to optimize financial strategies and margins.