Billing Analyst

4 weeks ago

Peoria, United States Medix™ Full time

POSITION SUMMARY: The Clinical Research Billing (CRB) Analyst 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.

REQUIRED QUALIFICATIONS:

  • Education: Bachelor Degree in Biological/Life Sciences, Business Administration, Finance/Accounting, or other closely related field.
  • Experience: 3 years healthcare, research (clinical and/or administration), general finance/accounting, and/or business administrative experience.

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.
  • 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.

PREFERRED QUALIFICATIONS:

  • 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
  • Electronic Medical Record (EMR)
  • Revenue cycle management
  • Coding with a deep understanding of our industry's coding standards.
  • Accounts Receivable and Accounts Payable experience
  • Cost accounting and analysis
  • Service line profitability and margin reporting
  • Project Management/Strategic Planning Policy/Standard Operating Procedure Writing/Maintenance
  • Experience in large, multicenter health system
  • Certified Research Administrator (CRA), Certified Pre-Award Research Administrator (CPRA), Certified financial Research Administrator (CFRA), Clinical Research Contract Professional (CRCP), Certified in Healthcare Research Compliance (CHRC), Clinical Research Coordinator (CCRC), Certified Clinical Research Professional (CCRP), or ACRP Certified Professional (ACRP-CP)

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