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OSF HealthCare · 3 days ago

Clinical Research Billing Analyst l

Peoria, IL

Full-time

Onsite

Mid Level

$33.52/hr - $39.44/hr

3+ years exp

OSF HealthCare is dedicated to providing a comprehensive total rewards package for its Mission Partners. The Clinical Research Billing Analyst I plays a crucial role in overseeing the financial aspects of clinical trials, ensuring compliance with industry regulations, and providing financial insights for new research grants.

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Responsibilities

Overseeing the financial aspects of clinical trials within a highly regulated field

Compiling and analyzing diverse data, particularly focusing on Medicare Coverage Analysis (MCA), to ensure compliance with strict industry regulations

Collaborating with cross-functional teams to support study start-ups, aligning budgets with trial scopes and ensuring regulatory adherence

Reviewing MCAs against protocols to ensure accurate billing

Providing financial insights for new research grants, managing industry and grant funds post-award, and overseeing invoicing and cash flow for funded trials

Managing research financial data, conducting comprehensive analyses, and 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

Qualification

Medicare Coverage AnalysisClinical trial budget developmentRevenue cycle managementResearch AdministrationClinical Trial Management SystemsAccounts receivableAccounts payableAnalytical skillsCustomer ServiceTeam buildingChange managementTraining skillsBasic medical terminologyStrategic PlanningPolicy writingStandard Operating Procedure writingInterpersonal skillsCommunication skillsProblem-solving skillsProject Management

Required

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

Preferred

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