Case Study: Medical University of South Carolina improves research participant payments and 1099 compliance with Greenphire ClinCard

Medical University of South Carolina eliminates $420,000 in annual check-processing costs with Greenphire Patient Payments

The Medical University of South Carolina (MUSC) faced a significant compliance and operational challenge when mandated to track all participant remuneration for IRS 1099 reporting. The process was entirely manual, relying on a mix of petty cash, gift cards, and checks, creating a heavy administrative burden and risk of non-compliance. Seeking a solution, MUSC discovered the ClinCard system from vendor Greenphire through peer recommendations from other academic medical centers.

Implementing Greenphire’s ClinCard solution automated and centralized participant payments. This provided the necessary 1099 compliance and eliminated vast inefficiencies. The university quantified the annual cost of issuing manual checks alone at $420,000, with total management costs approaching $1 million. By switching to ClinCard, MUSC saved substantial resources, improved the participant experience, and enhanced its standing as an efficient clinical trial site, with over 100 studies actively using the Greenphire system.

Medical University of South Carolina