Clinical Research Billing Analyst l

OSF Healthcare System•Peoria, IL

20d•$34 - $39•Remote

About The Position

As a pivotal member of our clinical research team, the Clinical Research Billing (CRB) Analyst I plays a crucial role in overseeing the financial aspects of clinical trials within our highly regulated field. This role involves compiling and analyzing diverse data, particularly focusing on Medicare Coverage Analysis (MCA), to ensure compliance with strict industry regulations. Collaborating with cross-functional teams, the Analyst supports study start-ups, aligning budgets with trial scopes and ensuring regulatory adherence. Additionally, they meticulously review MCAs against protocols, ensuring accurate billing. Beyond these responsibilities, the Analyst provides financial insights for new research grants, manages industry and grant funds post-award, and oversees invoicing and cash flow for funded trials. They manage research financial data, conduct comprehensive analyses, and provide essential education and support to research operations staff regarding finance, billing processes, policies, and regulations. This role also involves spearheading special projects and quality assurance initiatives for timely invoicing and efficient monetary tracking.

Requirements

Bachelor's degree in Biological/Life Sciences, Business Administration, Finance/Accounting, or other closely related field.
Three years healthcare, research (clinical and/or administration), general finance/accounting, and/or business administrative experience.
Excellent interpersonal and communication skills
Solid computer skills, including proficiency with Microsoft software
Strong analytical and problem-solving skills, with the ability to be detail oriented
Proficient in Microsoft Office Suite
Demonstrated ability to gather, assemble, interpret, and use complex data to develop actionable steps that will improve processes and optimize results
General understanding of medical terminology
Demonstrated ability to train individuals and provide education to small groups
Team building and change management
Customer Service

Nice To Haves

Research Administration and Regulations within our niche industry Medicare Clinical Trial Policy, Medicare billing rules, Medicare Coverage Analysis within our specialized regulatory framework.
Clinical trial budget development & negotiations
Research related Electronic Medical Record (EMR)
Revenue cycle management
Research-related coding with a deep understanding of our industry's coding standards.
Accounts receivable and Accounts payable experience
Service line profitability and margin reporting
Project Management/Strategic Planning Policy/Standard Operating Procedure/Working Process Writing/Maintenance
Experience in large, multicenter health system
Any research-related certification
Basic knowledge and understanding of the regulatory, operational, logistical, and administrative requirements of clinical research studies.
Clinical Trial Management Systems (CTMS) and/or other research software systems.
Basic knowledge of research regulations (e.g. IRB, FDA, OHRP, GCP, etc.)

Responsibilities

Overseeing the financial aspects of clinical trials
Compiling and analyzing diverse data, particularly focusing on Medicare Coverage Analysis (MCA)
Collaborating with cross-functional teams
Supporting study start-ups, aligning budgets with trial scopes and ensuring regulatory adherence
Meticulously reviewing MCAs against protocols, ensuring accurate billing
Providing financial insights for new research grants
Managing industry and grant funds post-award
Overseeing invoicing and cash flow for funded trials
Managing research financial data
Conducting comprehensive analyses
Providing essential education and support to research operations staff regarding finance, billing processes, policies, and regulations
Spearheading special projects and quality assurance initiatives for timely invoicing and efficient monetary tracking