Electronic data capture (EDC) has been an available solution for data management in clinical trials for the past decade. During this time, EDC has proven to be more efficient, straightforward, and less expensive than the alternative: paper.
Efficient use of resources is especially important to Early Stage and Phase I studies, where budgets are small and timelines are tight. With a simple switch to EDC, the valuable resources of time, money and effort spent on paper can be re-allocated to drive more innovations to market. However, many organizations still turn to paper.
Paper is free, right? Not so. There are many hidden costs associated with paper source documentation:
- The paper itself costs money
- Paper must be printed, shipped, stored, and eventually shredded
- Study changes require reprinting, reshipping, and more shredding
- Monitors must travel to sites to do Source Data Verification
A study done for BioMed Central reveals an average total cost per patient to be up to $497.42 using eCRFs vs. $1,641.22 using paper1. Medrio also did its own breakdown of a Phase I study to compare the cost of doing the study on paper as opposed to the m1 platform. The paper study cost 31% more than using Medrio’s m1 platform, which has an extensive feature set that provides a special advantage to those performing early phase trials.
How does Medrio help save so much money? Medrio requires zero programming and can be set up in about a week, less time than it would take to print and ship paper forms. The cloud interface allows users immediate access to study documents, CRFs, and study data, all in one location. After completion of a study, Medrio offers a database archive on secure servers at no extra cost, making the studies available for quick and seamless retrieval, and eliminating the cost of permanent storage. Finally, its ease of use makes the transition from paper as painless as possible.
Why not choose the best and most reliable method of data capture? Check out the graphic below to see how much you could be saving by converting from paper. Speak to one of our representatives today and see how easy it is to switch to Medrio!
1. Anaïs Le Jeannic Céline Quelen, Corinne Alberti and Isabelle Durand-Zaleski, “Comparison of two data collection processes in clinical studies: electronic and paper case report forms,” BMC Medical Research Methodology 2014, 14:7, doi:10.1186/1471-2288-14-7.