Stacy Smith • Mar 03, 2023

That's right, you get money from us, NOT the other way around

As alluded to last time, you, as a research participant, will get paid if you participate.  Hopefully this sounds good to you and encourages you to consider a research study.  It should.  It's intended to at least "keep you whole" by giving you back money you may have spent or not received because you had to pay to travel to us, give up hours at work etc.  Don't worry, we won't entice you to take wild risks in exchange for lots of dough.  The amounts vary but are based on 1) how long we expect you to be at the clinic for your visit  2) what annoying procedures you may need to have (lab tests, ECGs etc) and, (in special cases) if you had to travel from far away, special extra amounts to cover for distant travel .


The bad news  - Your government considers it "income" (don't get me started) and, if you make more than $600 in a year, we have to send you a 1099 tax form showing that income. 


The good news - We pay you literally as you leave the clinic, each and every time.  We use debit cards that work wherever such cards are accepted AND can easily be converted to cash.  Each time you visit, we put money on your card for you to spend as you see fit. 


Lastly, all of our research studies are overseen by an ethics committee known as an Institutional Review Board.  The purpose of this board is to protect your rights and safety as a research participant.   One of the many functions of this Board is to ensure that we do not "coerce" participants by offering excessive amounts of money.   


So, you won't get rich but you shouldn't lose money by participating in a research study.  Call, text or email us to find out more.

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