Rave Grants Manager

Rave Grants Manager manages the entire investigator grant life cycle of clinical trials. The solution provides Sponsors and CROs with a comprehensive, data-driven way to quickly and accurately develop investigator grant budgets and efficiently conduct the site budget negotiation process.

All are driven by Medidata’s PICAS database, the clinical benchmark and cost database of purely negotiation investigator grants. The PICAS database contains a large volume of procedures covering almost all therapeutic areas, indications and phases. It allows for establishing and setting fair market value (FMV) for investigator grant budgets to ensure consistent and accurate budgets.

Key Benefits

Optimal Planning and Execution
Effectively align budgets with corporate strategic objectives.

Timely Study Startup
Streamline budget planning and site negotiation. 

Financial Scenario Modeling
Measure study complexity along with site and patient burden.

Effective Financial Analysis
Leverage fair market value benchmarks and identify key drivers from data with the PICAS database.

Key Features

Can you tell if you’re overpaying for procedures? Is site budgeting slowing down your process?

It’s time for a change with Rave Grants Manager.

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Learn More


Achieve Clinical Trial Financial Health

The financial health of your clinical trials depends on the successful management of your grant life cycle. See how you can streamline your budget building and negotiation processes with Medidata’s Rave Grants Manager to ensure visibility, accuracy, and transparency across the entire investigator grant life cycle.

Fact Sheet

Supporting the entire investigator grant life cycle

Establishing and setting fair market value (FMV) for investigator grant budgets is crucial; however, with little guidance and various sources, it can be difficult to be objective, reasonable, and accurate. 

Learn how Rave Grants Manager can provide benchmarks that are accurate and ensure you are meeting FMV requirements. Unlike other solutions that just support one part of the budget process, Rave Grants Manager supports the entire lifecycle of the investigator grant.

Product Video

Intro to Rave Grants Manager

Using Rave RTSM’s configurable Direct to Patient functionality, sites can now create individualized patient shipments and provide investigative products for patient visits whether they are site-based, home-based, or a hybrid combination.

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