Definitions for regulatorybinder
reg·u·la·to·ry·binder

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1. RegulatoryBinder

   RegulatoryBinder saves hospitals time and money spent on research documentation.RegulatoryBinder developed a non-beta, non-MVP, functioning product with multiple paying contracts. RegulatoryBinder is raising capital to generate more revenue faster.Clinical research is an essential driver of medicine, economic growth, and hope for the sick and ill. The Clinical Trials Transformation Initiative and Institute of Medicine, however, have recently said that clinical research is a “paper-based, slow, & costly” “burden” on hospitals already under increasing cost-constraints.The average physician spends approximately three weeks annually managing hundreds of printed pages of regulatory documentation stored in three-ring regulatory binders. Each physician recreates their own documents as there is no standard on how to keep regulatory documentation. Physicians are using post-its, fax, and mail to communicate. This represents a $50B documentation opportunity cost, that if used to perform procedures, would roughly double the total hospital net income. RegulatoryBinder has developed a novel SaaS solution that enables staff to reduce the time spent on research documentation by 33%, resulting $15B in potential annual savings. Only RegulatoryBinder is designed for hospital regulatory binders - not industry. Only RegulatoryBinder bundles compliance services to ensure that users’ online binders are compliant with FDA eRecord regulations from their very first login. Existing software can take $3-5M and over 1 year to customize, validate, and implement.RegulatoryBinder is collaborating with academic leaders to simultaneously release the first open hospital standard on how to store a regulatory binder. Academic leaders have already presented on this concept nationally to great reception.This solution will enable hospital sites to store regulatory documentation 33% more efficiently (est. from current users) and increase their funding from differentiating the quality of their site. Not all studies are required to submit to the FDA, but the initial studies in our system that do, have met FDA electronic (i.e. eCopy) requirements. RegulatoryBinder’s target market is the 350 US academic hospitals, representing a $1B market, based on our existing $3-5k annual user subscription fees (assumes 1,000 users per hospital, estimated from current customers). A larger market exists in US urban hospitals as well as the research sites of industry and contract research organizations (CRO) globally.RegulatoryBinder’s target clients are hospital clinical research offices that consist of a core group of 5-20 clinical research staff end-users whose primary job is to manage regulatory binders. RegulatoryBinder has been reaching Midwest offices directly through customer referrals, conferences, and cold-calls/emails. RegulatoryBinder is targeting a national audience through academic publication of non-proprietary aspects of our regulatory binder standard. RegulatoryBinder will also release a limited number and duration of public, hospital-regulated, basic user promotional subscriptions to drive interest. A similar software, REDCap, has reached 800 research centers in just 4 years. By continuing to provide value, we will then convert these centers into much larger enterprise hospital clients, to increase revenue and profitability. RegulatoryBinder has a strong team led by a serial entrepreneur and developing eRecord regulation expert, currently on sabbatical from a dual MD and PhD program for clinical research to pursue this full-time. RegulatoryBinder has minority founders and an advisory board with extensive experience in starting, growing, and exiting early-stage startups, particularly in healthcare IT subject to 21 CFR Part 11 regulations.

How to pronounce regulatorybinder?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

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   Veena

   Indian

   Priya

   Indian

   Neerja

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   Zira

   US English

   Oliver

   British

   Wendy

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   Fred

   US English

   Tessa

   South African

How to say regulatorybinder in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of regulatorybinder in Chaldean Numerology is: 8

2. Pythagorean Numerology

   The numerical value of regulatorybinder in Pythagorean Numerology is: 5

References

1. ^ CrunchBase
   https://www.crunchbase.com/organization/regulatorybinder