The organization SERVICIO MADRILEÑO DE SALUD (SERMAS) is the administrative and management structure that integrates every public hospital and every public health service of the Madrid Regional Health System. SERMAS (beneficiary) is the legal representative of Hospital Universitario La Paz and delegates authority to Hospital’s General Director to manage research projects. Fundación para la Investigación Biomédica del Hospital Universitario La Paz is the administrative research body of Hospital Universitario La Paz. Collaboration between SERMAS (Hospital) and Foundation is carried through a prior collaboration agreement, by means of which the latter handles the financial and administrative aspects of the Hospital’ involvement in research projects, including all issues relating to the employment and payment of additional personnel, purchase of equipment and consumables, etc. The Foundation is situated in the premises of the Hospital.
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