Research Finance Analyst, Work from Home

Socket.dev; Evansville (IN); Hybrid; USD 60,000 - 90,000; Full time

Job summary

UofL Health is seeking a Research Finance Analyst to support the departmental review process, determine operational impact, and ensure all costs are identified early in the facility review. The role coordinates monthly accounting and reporting of research services and related AR, including patient accounting per protocol requirements.

Essential functions include pricing, coverage analyses, and contract/budget review to ensure compliant billing plans.

Qualifications

• Bachelor's degree in Business is required.
• 3-5 years in healthcare finance/revenue cycle operations required.
• 3+ years in clinical research preferred.
• MBA, CCRP, CHRC, CPC are a plus.

Responsibilities

• Review clinical research protocols for financial/operational impact and determine feasibility.
• Prepare and review budgets, pricing, and cost coverage for research items/services.
• Ensure billing compliance and manage AR for research services and related accounts.
• Coordinate CMS/CGS approvals for device trials and maintain investigational processes.
• Maintain compliance with policies and standards; support special projects as needed.

Skills

Financial analysis

Billing compliance

Pricing & cost analysis

Cross-functional collaboration

Education

Bachelor's Degree in Business

MBA (preferred)

Tools

Cerner

Epic Research

Job description

Primary Location:

Work from Home - IN

Address:

Home OfficeRemote, IN 46225

Shift:

First Shift (United States of America)

Job Description Summary:

UofL Health is a not-for-profit 501(c)(3) fully integrated regional academic health system with nine hospitals, four medical centers, Brown Cancer Center, Eye Institute, more than 250 physician practice locations, and more than 1,200 providers in Louisville and the surrounding counties, including southern Indiana.
With more than 14,000 team members – physicians, surgeons, nurses, pharmacists and other highly-skilled health care professionals, UofL Health is focused on one mission: to transform the health of communities we serve through compassionate, innovative, patient-centered care.

Job Description:

The research finance analyst position is responsible for facilitating the UofL Health departmental review process to help determine the impact to operations in affected areas and to help ensure all costs are identified and any concerns are addressed early in the facility review process. The position also coordinates the monthly accounting and reporting of research services and related accounts receivable, including patient accounting and the additional administrative tasks that our clinical service lines must complete per research protocol requirements.

Essential Functions:

• Review clinical research protocols for financial/operational impact & work with UofL Health departments to determine feasibility and identify all applicable costs. Provide pricing to researchers for items/services required.
• Review and approve the coverage analysis of billable items and services submitted by clinical researchers. Review final clinical research budgets to ensure accurate coverage analysis, pricing and UofL Health cost coverage. Revise or prepare coverage analysis documents as need to ensure compliant billing plan is developed, maintained and followed. Review contracts, budgets and consent forms to ensure congruency.
• Facilitate billing compliance by driving the process with the Cerner Clinical Informatics (CI) team and UL Cancer Trials Program to review the Cerner power plan builds at time of study start up and throughout the life of clinical trial.
• Track and Invoice for non-patient AR research services such as ULHRO fees, anatomical pathology lab services, pharmacy services, imaging transfer fees and bill the research program when applicable. Follow up on outstanding AR as needed.
• Cross train to ensure daily coverage of the UofL Health research billing email service account as needed for institutional compliance to include reviews of anatomical pathology requests, generate daily system reports and hold encounters in the patient accounting systems to avoid improper claims processing.

Shift Requirements:

Shift Length (in hours):

8

# Shifts/Week:

5

Overtime Required: Infrequently Sometimes Often n/a (exempt position)

Exempt position works 80 productive hours each pay period and paid biweekly.

Daily hours are flexible as long as no less than 80 productive hours are worked.

On occasion, position may require additional hours to meet deadlines or for special projects.

Other Functions:

• Prepare, submit and maintain local CMS and CGS approvals for investigational device trials.
• Complete Cerner POM, Epic Research Record Set up as needed
• Maintain compliance with all company policies, procedures and standards of conduct.
• Performs other duties as assigned.

Additional Job Description:

Education:

• Bachelors Degree in Business (required)
• Medical terminology, coding education (preferred)
• Equivalent work experience acceptable

Experience:

• 3-5 years in healthcare finance, revenue cycle operations (required)
• 3 or more years in clinical research (preferred)

Licensure:

• NA (required)

Certification:

• NA (required)
• MBA, CCRP, CHRC, CPC (preferred)