KING OF PRUSSIA, PA — Greenphire, a global leader in clinical trial payment solutions, and Florence Healthcare, a pioneer in remote connectivity and workflow software for clinical trials, have announced a strategic technology partnership set to revolutionize the clinical research industry.
The collaboration aims to integrate two of the most popular software solutions in the sector, significantly improving study collaboration success worldwide. The partnership is expected to enhance speed, efficiency, and transparency – critical elements for thriving sponsor-site relationships.
Jim Murphy, CEO of Greenphire, explained the benefits of their integrated technology: “By merging our site payment technology with Florence, we aim to streamline processes for sites, leading to quicker payments and fewer tasks to manage. For sponsors and Contract Research Organizations (CROs), this means greater visibility into site activity and reduced end-of-study financial reconciliation. It’s a win-win for all stakeholders in clinical research.”
According to the Society for Clinical Research Sites 2023 Site Landscape Survey, site staff on average use at least six technology platforms in a single clinical trial. The survey also revealed that 41 percent of sites regard integrated and consistent technology in clinical research as a top necessity from sponsors and CROs.
The Greenphire-Florence Healthcare partnership addresses this need by minimizing manual administrative tasks such as data review and tabulation, and reducing the need to log into multiple software programs. This is expected to save significant time and effort for site staff.
Ryan Jones, co-founder and CEO of Florence Healthcare, emphasized their shared mission with Greenphire: “Sites are in need of trusted, interoperable solutions. With our site-centric approach, we aim to work with companies like Greenphire who share our vision of enhancing the site experience, providing transparency for sponsors, and significantly improving efficiency.”
This strategic alliance between Greenphire and Florence Healthcare is set to redefine the landscape of clinical research, offering a more streamlined, efficient, and transparent experience for all stakeholders involved.
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