NYU Grossman School of Medicine’s Clinical Research Support Unit oversees the financial administration of clinical research studies. We provide support services for interventional and noninterventional studies funded from any source. In addition, we oversee the financial administration of studies supported by our industry sponsors. This oversight includes budget and payment negotiations, coverage analysis, and postaward management. Our staff also works closely with the research contracts division within Sponsored Programs Administration.

We assign clinical and therapeutic groups to a dedicated staff to ensure that projects are reviewed, processed, and coordinated through their life cycle in a timely manner, according to institutional policies and procedures. Through a dedicated postaward team, we manage all financial activities for industry-funded trials.

We partner with NYU Grossman School of Medicine’s dedicated research finance postaward team, which is responsible for bimonthly sponsor invoicing, financial analysis, and reporting of trial accounts. Our team also acts as a liaison with Research Finance Operations on pre- and postaward activities such as setting up accounts for all clinical research and clinical trial projects, general ledger management, revenue recognition, account closure, and residual distribution.