What are the responsibilities and job description for the Clinical Research Billing Analyst l position at OSF HealthCare?
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Expected pay for this position is $33.52 - $39.44/hour. Actual pay will be determined by experience, skills and internal equity. This is a Salaried position.
Overview
POSITION SUMMARY:
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.
Qualifications
REQUIRED QUALIFICATIONS:
Education:
Bachelor’s degree in Biological/Life Sciences, Business Administration, Finance/Accounting, or other closely related field.
Experience:
Three years healthcare, research (clinical and/or administration), general finance/accounting, and/or business administrative experience.
- Licensure/ Certification: N/A
- Other Skills/ Knowledge:
- 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
PREFERRED QUALIFICATIONS:
Education: N./A
Experience:
- 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
Licensure/ Certification:
Any research-related certification
Other Skills/ Knowledge:
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.)
OSF HealthCare is an Equal Opportunity Employer.
Salary : $34 - $39