[Remote] Financial Analyst I OCR

Note: The job is a remote job and is open to candidates in USA. Advocate Aurora Health is the third-largest nonprofit, integrated health system in the United States, created from the combination of Advocate Aurora Health and Atrium Health. The Financial Analyst I OCR role involves reviewing complex study protocols and developing coverage grids, as well as supporting the financial management of clinical trials. Responsibilities • Reviews complex study protocols, sponsor agreements, informed consent forms and related documents as needed to determine whether a study is a qualifying clinical trial • Develop coverage (billing) grids in OnCore • Analyzes Medicare benefit policies, coverage determinations, and medical practice guidelines related to study specific interventions (e.g., physical exams, labs, radiological scans, etc.) • Collaborates with the Principal Investigator and the clinical research team to finalize the MCA and designate funding sources for research costs • As needed, develops a comprehensive cost analysis for the clinical research study when preparing the initial study budget • Maintains a library of information on standards of care, National Coverage Decisions (NCDs), Local Coverage Determinations (LCDs), etc • Stays abreast of Medicare, sponsor and other federal policy and regulatory issues • Works with the Principal Investigator and the clinical research team to develop an internal budget that includes all costs applicable to the study • Develops detailed final budgets by identifying all activities, tests and procedures to be performed during the conduct of the study based on the protocol, study calendar and other study documents • Creates visit schedule and budget in OnCore • Negotiates with sponsors to reach agreements appropriate to the costs of the trial (as needed) • In collaboration with Research Billing Team, reviews patient care charges associated with each clinical research study on a periodic basis • Works with Special Billing and Department post-award personnel in to ensure that charges for all patient procedures are treated appropriately • Supports the study team in the financial management of clinical trials originating from federal, foundation, and industry funds by performing all accounts receivable functions • Generates and sends invoices to study sponsors • Tracks and monitors receivables from sponsors, including pass-through fees and milestone payments • Generates reports to project study financials • Reconciles payments received to OnCore and CORE Connect (Oracle Cloud institutional financial system) • Notifies Financial Services of appropriate study account to receive payment • Resolves any financial issues with sponsor as needed • Ascertain amount paid and remaining amount due on assigned study sponsor accounts; establish payment plan with Department Contact guarantors regarding past due accounts; re-evaluate existing payment plans as needed when account is delinquent • Follow up with Departments to ensure proper amounts are collected; independently recommend action to be taken regarding the account • Initiate calls to Departments to ascertain whether the proper amount has been paid on the research account • Mail financial statements to Departments • Review balances on account and communicate with Departments via phone and email to explain professional and hospital billing and collection policy and procedure • At the completion of the study, supports Department post-award personnel and Sponsored Programs in the review of revenue received prior to close-out of the study account • Supports the closeout of study activities in OnCore, ClinCard and EPIC • Assists Principal Investigators with budget monitoring and prepares projections • Production of ad hoc analyses as needed • Prioritizes job tasks; demonstrates willingness to assist Manager/Director in the completion of special projects and daily task to support the Department s productivity and efficiency • Demonstrates responsibility for personal development by participating in continuing education offerings • Performs other related duties incidental to work described herein Skills • Bachelor's degree in Business, Accounting, Finance or a related field with 0-1 years of relevant experience in clinical research or research administration • Minimum of 1-year Business Office experience in a healthcare environment or Research Office experience preferred Benefits • Paid Time Off programs • Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability • Flexible Spending Accounts for eligible health care and dependent care expenses • Family benefits such as adoption assistance and paid parental leave • Defin Apply tot his job Apply To this Job