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Jim Murphy, CEOGreenphire’s primary objective is to eliminate the administrative, financial and logistical burdens that sites and participants face throughout the life of a clinical trial. In doing so, the firm empowers investigators at clinical research sites to focus on research and patient care by automating financial workflows that are otherwise error prone and labor intensive. “Clinical trials pave the way for scientific advancement and our job is to ensure the investigative sites are not limited by the heavy administrative burdens so often present in clinical research,” explains Murphy. To achieve apt optimization, Greenphire’s solutions introduce centralized control and visibility into workflow and funds management, while preserving the flexibility that is essential when supporting a global clinical trial eco system.
On the participant side, Greenphire’s automated payment solution, ClinCard, reduces the administrative burden on the study coordinator and provides participants with a preferred, flexible payment method all while giving sponsors complete financial visibility. Greenphire’s personalized travel solution, ConneXTS, handles travel and logistic support for study participants, caregivers and family—from booking airfare and hotels to car rentals, specialized car services and more—for an optimal clinical trial experience. The firm’s robust automated investigator site payment software, eClinicalGPS, enhances payment workflows for improved transparency and accuracy while making it possible to pay investigative sites more frequently, addressing the critical cash flow challenges that negatively affect trial productivity.
With continuous improvement in our DNA, we ensure development of the best end-to-end workflow and activity-triggered payment solutions
Greenphire’s client-base comprises a spectrum of life science companies, including most of the world’s top pharma companies and CROs. Greenphire aims to help their pharma and biotech clients transform their site payment workflows and establish a more site-centric approach. After adopting eClinicalGPS, one of Greenphire’s sponsor clients was able to reduce its average payment frequency from greater than 90 days, to less than 30 days globally, and in some cases every two weeks. By automating and streamlining their site payments process, the sponsor has experienced significant workflow optimization resulting in improved accuracy and reduced workload for sites and internal stakeholders around the world.
With similar success stories for every enterprise sponsor client and high market adoption, Greenphire stands at the forefront of automated payments for clinical research by providing insights, expertise, and proven workflow optimization strategies to maximize the efficiency of clinical trials. Understanding that ‘one-size does not fit all’, the firm has achieved success through its maturity and ongoing commitment to evolve. By engaging and listening to their clients and sites, Greenphire has the ability to adapt, delivering solutions that offer regional workflow flexibility and system inter-operability to fit the unique and varying requirements of individual stakeholders and enterprise-wide initiatives. “Feedback drives our innovation machine, and with continuous improvement in our DNA, we ensure development of the best end-to-end workflow and activity-triggered payment solutions,” concludes Murphy.
Greenphire and Florence Healthcare Announce Technology Partnership
Wednesday, November 22, 2023
KING OF PRUSSIA, Pa.,-- Greenphire, the global leader in patient convenience and financial lifecycle management for clinical trials, and Florence Healthcare, the leading site enablement platform used by 18,000 connected research sites in 55 countries, today announced a technology partnership that integrates two of the most popular software solutions in the industry.
With speed, efficiency and transparency serving as critical focus areas for every successful sponsor-site relationship, this partnership will improve study collaboration success globally.
"By integrating our site payment technology with Florence, sites will have fewer activities to manage and will be paid more promptly. Sponsors and CROs will benefit from greater visibility into site activity and less end-of-study financial reconciliation," said Jim Murphy, CEO, Greenphire. "It's a win-win for all clinical research stakeholders."
On average, site staff utilize at least six technology platforms on any given clinical trial; according to the Society for Clinical Research Sites 2023 Site Landscape Survey, 41 percent of sites said that integrated and consistent technology in clinical research is a top need from sponsors and CROs. A key benefit of the Greenphire-Florence Healthcare partnership is reducing site time and effort on manual, administrative work such as data review and tabulation as well as the need to log into multiple software programs.
"Sites want trusted solutions which are interoperable," said Ryan Jones, co-founder and CEO, Florence Healthcare. "With our site-centric mentality, it is our goal to work alongside companies such as Greenphire who embrace the same mission of improving the site experience and providing transparency for sponsors while at the same time dramatically improving efficiency."
Together Greenphire and Florence Healthcare have validated their technology partnership with numerous industry sponsors and sites. The integration will be available on studies leveraging both platforms; if you are interested in learning more, please request a demo
Greenphire Celebrates 10th Year as Inc. 5000 Honoree, 9th Year as Philadelphia Business Journal
Monday, September 09, 2024
KING OF PRUSSIA, Pa--Clinical trial solutions software innovator Greenphire has been honored with numerous 2024 awards, including a "Best Place to Work" designation from Philadelphia Business Journal for the ninth time and designation as one of the Inc. 5000 for the tenth time. These awards are in addition to the "Best Overall Patient Engagement Service" MedTech Breakthrough award Greenphire received earlier this year.
"Receiving theInc. 5000 designation for a tenth year in 2024 is a huge achievement," said Greenphire CEO Jim Murphy. "There’s a lot of competition to be counted amongst the fastest growing American companies, and this award acknowledges the immense impact of our clinical trial solutions and success of our company."
"We create measurable value and efficiencies for sponsors, CROs, sites, and patients all over globe thanks to our incredible team’s energy, passion, creativity and dedication," Murphy continued, "and we’re thrilled to again be honored as a ‘Best Place to Work.’"
Greenphire is also a finalist for two Timmy Awards: "Best Tech for Good" and "Best Tech Work Culture." Final award results will be announced in the fall.
Delve deeper into the groundbreaking initiatives, cutting-edge technology, and unparalleled service enhancements at Greenphire.com.
Company
Greenphire
Management
Jim Murphy, CEO
Description
Applies unique domain expertise, technology and experience to deliver pioneering solutions that enable greater control, transparency, predictability, and efficiency for all clinical research stakeholders
