The Division of Hematology and Oncology has an outstanding opportunity for a Clinical Trials Budget Specialist to join their team in a limited-term appointment. About this Opportunity: Reporting to the Clinical Research Budget Manager, this position works closely with research faculty and staff and is responsible for clinical research budgeting and revenue cycle strategy, development and oversight. Specifically, this position oversees and negotiates optimal pricing and payment terms for investigator initiated and industry sponsored clinical trials, ensuring regulatory compliance and fiscal accountability. KEY RESPONSIBILITIES Clinical Trial Budget Development, Revenue Cycle, and Financial Risk Management: Perform comprehensive and independent review of all documents related to the research study funding, including study budget, protocol, consent form, contract, and other supporting documentation. In collaboration with Principal Investigators, identify and differentiate between research-specific procedures and standard of care. Using established systems and committees, seek appropriate prices quotes from University of Washington, Fred Hutch Cancer Center, and other partner institution service departments. Independently negotiate successful clinical trial budgets and payment terms with study sponsors. Coordinate with disease program research staff to ensure each study’s consent form delineates research care and standard of care. Coordinate with UW and FHCC offices involved in the review and negotiation of clinical trial budgets and contracts, including UW Clinical Research Budget and Billing office, the UW Office of Sponsored Programs, and the FHCC Research Implementation Office. Post Award Revenue Recovery: Perform comprehensive and independent review of patient activity, and in comparison to the Clinical Trial Agreement, perform complex financial reconciliations to ensure full revenue recovery. Identify invoiceable items in contracts and ensure regular invoicing and accounts receivable aging follow up. Use CTMS system, ONCORE, for financial reconciliation of studies that are operational in that system. Independently troubleshoot payment issues with sponsors in a timely manner. Identify and assist faculty to mitigate budget deficits, including communication with sponsor for amendments.
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Job Type
Full-time
Career Level
Mid Level
Number of Employees
11-50 employees