Benchmarks and tools

Clinical research site financial statistics

Hand writing notes on a printed budget sheet next to a calculator, navy binder, and coffee mug
Short answerSCRS surveys show 88% of sites say screen failures are not sufficiently covered, 74% name more robust sponsor budgets as their top need, and 53% regularly pay for recruitment from their own funds. 23% of sites reported 31% to 40% of their invoices overdue by more than 90 days, and 38% saw profits decline in 2023.
Bar chart showing 88% of sites say screen failures are not covered, 74% need more robust budgets, 53% pay for recruitment themselves, and 38% saw profits decline

Budgets and margins

StatisticFigureSource
Sites saying screen failures are not sufficiently covered88%SCRS
Sites whose top need is more robust budgets74%SCRS 2023
Sites with a profit decline in 202338%SCRS
Sites with under $1 million in gross revenue37%SCRS
Sites regularly paying for recruitment from own funds53%SCRS 2024
Sites saying screen failure terms never or rarely cover actual screen fails42%SCRS 2024

Payments and cash flow

StatisticFigureSource
Sites with 31% to 40% of invoices overdue more than 90 days23%SCRS via Clinical Leader
Sites whose operating capital declined34%SCRS via Clinical Leader
Sites with monthly payment agreements (2023)51%IntuitionLabs, citing SCRS
Most common holdback (2023)10% to 14% of earned revenueIntuitionLabs, citing SCRS
Example academic indirect rate for industry studies39% (Penn Medicine)Penn Medicine

The sponsor side

StatisticFigureSource
Direct cost per day, Phase III$55,716Tufts CSDD
Direct cost per day, Phase II$23,737Tufts CSDD
Cost of a site enrolling one patient over 30 monthsAbout $130,000Phesi

What does this mean for a site?

Site revenue follows enrolled patients. When enrollment is slow or unpredictable, every other financial problem gets worse: unpaid screen failures, self funded recruitment, and studies that never earn back startup costs. A steady, predictable patient source is a financial strategy, not just a recruitment tactic. See the revenue per patient calculator.

Get your study in front of the right local physicians

TrialNotice builds a physician referral pipeline around one active study. We identify relevant local physicians within driving distance of your site, send study aligned direct mail, follow up by email and LinkedIn, track engagement with recipient level QR codes, and route warm responses into your site team's workflow.

Talk to TrialNotice

Sources

  1. Society for Clinical Research Sites, Site Finances White Paper (2024)
  2. Society for Clinical Research Sites, 2023 Site Landscape Survey White Paper
  3. Clinical Leader, "The Results Are In: Survey Reveals Barriers and Opportunities In Site Sustainability"
  4. SCRS 2024 Global Site Landscape results, Site Solutions Summit
  5. IntuitionLabs, "Clinical Trial Site Payment Benchmarks 2026" (citing the SCRS 2023 Site Landscape Survey)
  6. University of Pennsylvania Perelman School of Medicine, Budget Preparation and Development
  7. Tufts CSDD, "Quantifying the Value of a Day of Delay in Drug Development" white paper (2024)
  8. Applied Clinical Trials, "Phesi Report: Assessing Single Patient Investigator Sites in Cancer Clinical Trials"