Budget Analyst, Clinical Studies

Job Description

Job Description

General Summary :

The Clinical Research Budgets Analyst will be responsible for the timely and accurate preparation and maintenance of budget templates for sponsored clinical trials, including the comparative review against budgets offered by study sponsors and then set-up of study payments milestones in the Clinical Trial Management System.

• Main responsibilities include, but are not limited to, the review of New Study routing forms and essential study start-up documents, provide accurate patient cost descriptions for the ICF to be submitted to the IRB, the itemized cost analysis and interpretation of clinical protocols into budgets milestones, and update budget, milestones, and ICF information as necessary per contract / protocol amendments.
• Will manage large volume workflow across multiple research programs, each of which function differently.
• Work closely with coverage analysis team, contract analysts, regulatory team, program managers and internal finance groups.
• Communicate with Contracts Analysts to integrate study budget information into clinical trial agreements; may initiate or participate in contract negotiation process.
• Independently initiate or update the coverage determination for each study as applicable and communicate specific study billing structure to the clinical teams and service providers.
• Participate in the administration of study-subject related billing as needed and provide support with the auditing of billing records.
• Collects and maintains complete records and statistics on expenses and payments; regularly monitors compliance of clinical expense to pre-determined budget / billing plan and / or budgets and agreements.
• Establishes and promotes positive working relationships within both ORA and the research departments, throughout the hospital and between other institutions involved in clinical research.
• Responsible for the set-up of study payments milestones and Billing Instructions grids using Microsoft Applications (Excel) and / or the Clinical Trial Management System.
• Provides support to individual physician investigators and develop internal cost analysis for investigator initiated trials.

Required : Must have Experience with billing and negotiating with the sponsors.