Greenphire, a provider of payment technology for the clinical trial industry, announced a strategic partnership with ERT, a provider of high-quality patient safety and efficacy endpoint data collection. The partnership will integrate Greenphire's ClinCard System with ERT's electronic patient reported outcomes (ePRO) technology. The goal is to link patient reporting to compensation to enhance patient engagement and compliance.
This partnership will enable sponsors and CROs to offer real-time compensation to patients for compliance with study protocols by linking their ePRO activity to a ClinCard personal debit card. In addition to using Greenphire's system to compensate participants with stipends for site visits, clients can customize out-of-office reimbursement for patients' time and effort based on the specific requirements of each protocol.
Read the full release here.