βProblem
Right now, the process of patient recruitment and access to data is very inefficient.
Fragmentation. Every research organization builds a referral network on their own. Itβs very hermetic and excludes the vast majority of providers
Friction. Researchers face problems tracking referrals, compensation, keeping them engaged with additional benefits and providing enough volume of research projects
Fear. Compliance and data privacy concerns is what keeps many providers away from engaging in patient recruitment programs for e.g. data acquisition.
As a result of this situation:
Nearly 80% of all clinical studies fail to finish on time
Cost of patient recruitment is up to 40% of the cost of a clinical trial
It costs between 5-25k USD to recruit a patient for a trial
Patient recruitment for clinical trials and data acquisition is a $100B problem globally.
Last updated