This article highlighted all about the role of CTO in helping today’s modern medical rsearch facility. It is very important to note that hospitals and other medical aid providers can just run on blessings and patients will. It needs a great amount of funding to seek the situations and further to make things better for the patients. In the era of COVID-19 pandemic people got frustrated as the financial stability of each and every institution in the world just got destroyed. Keeping a CTO may put some extra cost and ,many will argue that it is not a vital part of the management but it has a big role up there.
For the 21 mid-size cancer centers with annual CTO budgets ranging between $8 million and $12 million, a median of 245 clinical trials were open, and a median of 498 patients enrolled.The median cost for each trial enrollee was $17,363. This cost was primarily due to salary support for CTO employees, as trial accrual averaged five patients for each full-time employee. Industry-sponsored clinical trials accounted for a median of 45% of the total annual CTO budget, compared with a median of 4% from national cooperative groups.
At the end it is fair to say that margins must be respected to keep the system running.
https://ascopubs.org/doi/full/10.1200/OP.20.00871
