Colpitts Clinical has managed over $5 million in trial expenses just in the past year alone. Manage your trial smarter with Reloadable Prepaid Cards that reduce administrative hassle and reassure patients that they won’t be waiting weeks or months for reimbursement.
Patients receive instructions with their card on where it can be used, and information about what expenses are approved by the trial sponsor. If it’s required that a patient extend their involvement in the trial, we can simply reload their card so there is no lapse in available funds.
Colpitts Clinical now services a number of leading biotechnology, pharmaceutical organizations and CRO’s. We understand the importance of providing a personal and confidential service to the patients when organizing their travel and expense reimbursement.
For patients outside of North America there is an additional payment solution. We can support electronic bank transfer should a country offer limited service on MasterCard acceptance.
Stipends are separate from per diem/reimbursement expenses and often go by other names, i.e., “milestone payment”, “compensation” and “lost wages.” Stipends are taxable if a participant is paid over $600 in a calendar year.
Colpitts Clinical manages all aspects of these services including: