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â¢This position is responsible for development of real-time clinical research budgets to recover the costs of work expended on clinical research; management of clinical research accounts, reconciliation of patient charges, cost-benefit analysis, forecasting, return on investment, profit & loss statements, billing reports, real estate leases, equipment leases, managed care contracts, and other research budget expenditures.
â¢The Clinical Research Financial Analyst will assist with negotiation of clinical research budgets with industry sponsors, federal agencies, and private foundations. Responsibilities include providing a Medicare coverage analysis and billing analysis based on a review of the study protocol, contract, budget, and informed consent form (as it relates to payment of study expenses), and implementing a Documented Billing Plan for each protocol. The Research Financial Analyst is responsible for assessing the structure of financial management of clinical research projects.
â¢In addition to the business review of each research project, the Analyst will stay current in the research billing guidelines to prevent double billing. Review contracts budgets, prepare start up invoice, create detail billing and reconciliation sheet.
â¢Financial tracking and audits of the accounts including: Reconciliation of accounts, reimbursements and expenditures, accuracy of budget projections, timeliness of payment invoicing and collection, creating financial and retrospective reporting; analyze patient care costs billed to study or insurance. Implement detail billing payment to track expenditures, payments milestone payments, monthly Quarterly billing of translation invoices to Sponsors or internal departments as well as collections.
To assure compliance, it is imperative that the Research Financial Analyst work with, coach, train and educate, as appropriate all Advocate constituents to insure strict compliance with clinical research billing regulations. Responsible for assuring the financial compliance of the program as stipulated by the study sponsor, federal, state, and local agencies.
â¢Bachelor Degree in Accounting, Business Administration or Finance preferred. At least 2 years of experience in a clinical research setting.
â¢Ability to make financial/business decisions based on complex protocols and long-range financial projections. Knowledge on applications of principles and practices of fiscal planning and analysis.
â¢Knowledge of Federal standards of governance, including the FDA, NCI, OHRP and broader Department of Health and Human Services standards as may apply to clinical practice with investigational agents and research with human subjects.
â¢Excellent skills in Microsoft Office programs with specific ability to derive and load complex formulas especially with in building Excel spreadsheets, pivots tables, "V" look-ups, etc.
â¢Detailed knowledge and experience with financial statements and reporting;
â¢Ability to succeed in changing environment and handle multiple responsibilities
â¢Excellent organizational and communication skills.
Primary Location: Dallas, Texas
Facility: Tenet Headquarters
Job Type: Full-time
Shift Type: Days
Employment practices will not be influenced or affected by an applicantâs or employeeâs race, color, religion, sex (including pregnancy), national origin, age, disability, genetic information, sexual orientation, gender identity or expression, veteran status or any other legally protected status. Tenet will make reasonable accommodations for qualified individuals with disabilities unless doing so would result in an undue hardship.