University of Chicago

Clinical Research Financial Analyst

University of Chicago$70K — $95K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, accounting, business administration, or health information management preferred.
  • 2-4 years' experience in healthcare clinical research billing, preferably in an academic setting.
  • Experience with Epic Research Billing functions and Clinical Trial Management Systems (CTMS).
  • Knowledge of the Medicare Clinical Trials Policy and relevant federal and state regulations is preferred.
  • Strong attention to detail, analytical skills, and effective communication capacity.

Responsibilities

  • Perform daily charge reviews and resolve billing issues associated with research accounts.
  • Conduct quality assurance audits on billing for individual patients and clinical studies.
  • Assist in creating training materials related to research billing and financial management.
  • Maintain compliance with federal regulations regarding research billing procedures.
  • Generate analytical reports using Epic and CTMS to improve billing metrics.
  • Collaborate with cross-functional teams and stakeholders to address billing challenges effectively.
  • Participate in training sessions to promote compliance and understanding of billing policies.

Benefits

  • Eligible for a wide range of health and retirement benefits.
  • Offers paid time off for work-life balance.
  • Provides training and professional development opportunities.
  • Access to University resources and programs that enhance employee well-being.
Full Job Description
Department
BSD OCR - Research Compliance

Job Summary
The job provides professional support and solves straightforward problems in projects related to revenue cycle operations, including activities related to charging, billing, and collecting. Coordinates the management of successful billing and compliance activities with department managerial and executive staff.

The Clinical Research Financial Analyst is an integral member of the Office of Clinical Research. Under the direction of the Associate Director Research Billing Compliance, the Clinical Research Financial Analyst will promote and facilitate a culture of financial compliance through the regulatory and financial amendments to clinical research studies to ensure institutional adherence with Federal, State, and Local Regulations and Guidelines.

Activities include but are not limited to supporting research revenue cycle management through research billing review, processing payments, reviewing and preparing research billing documentation, and producing research financial reporting, as well as department projects and initiatives to support research billing compliance tasks as needed.

Responsibilities
  • Perform all research billing activities including, but not limited to: daily charge review, billing issue resolution, reconciliation and payment of research accounts.
  • Conduct research billing quality assurance activities, such as individual patient billing audits, study audits, device audits and validation of data and information contained within institutional systems (e.g. Epic, IRB system, clinical trial management system, etc.).
  • Assist in the development and design of training and resource materials related to research billing and financial management in collaboration with others in the office.
  • Follow standard operating procedures and policies to ensure compliant research billing as mandated by regulatory agencies (FDA, OHRP, OIG, CMS).
  • Has a moderate/solid understanding of coding procedures, workflow issues, billing infrastructure, and performance of Clinical Revenue staff.
  • Generates Epic and CTMS reports for analysis, monitoring and improving research billing metrics and processes.
  • Effectively collaborates with Clinical Trial Financial Group, Hospital Revenue Cycle team, study teams, research subjects, IRB, and other stakeholders to address research billing challenges.
  • Ensure institutional research billing compliance with Medicare's Clinical Trial Policy, federal regulations, and contractual agreements.
  • Maintain an understanding of Medicare's Clinical Trial Policy (NCD 310.1) and related guidance documents.
  • Assist in developing and maintaining polices, SOPs & SOWs related to clinical research billing process.
  • Stays current on all internal processes related to research billing, Medicare, National and local, regulations and guidelines, policies and procedures governing Research billing.
  • Prioritizes chart documentation and maintaining requirements within the department. Ensures all processes involved in accurately posting professional fees.
  • Has a moderate/solid understanding of coding procedures, workflow issues, billing infrastructure, and performance of Clinical Revenue staff. Informs department administrators, physicians, and Coder/Abstractors of regulatory changes.
  • Participates and may lead in training sessions, performing audits, and promoting an understanding of procedures, policies, and expectations in promotion of compliance efforts.
  • Performs other related work as needed.


Minimum Qualifications

Education:
Minimum requirements include a college or university degree in related field.

Work Experience:
Minimum requirements include knowledge and skills developed through 2-5 years of work experience in a related job discipline.

Certifications:

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Preferred Qualifications

Education:
  • Bachelor's degree in finance, accounting, business administration, or health information management.


Experience:
  • 2-4 years' experience with healthcare clinical research billing preferably in academic medical setting, clinical research management, health system operations.
  • Experience with Epic Research Billing functions.
  • Experience with a Clinical Trial Management system (CTMS) preferably OnCore, financial software, ERP systems.
  • Accounting and finance experience strongly preferred.


Preferred Competencies
  • Knowledge of the Medicare Clinical Trials Policy and other federal, state and institutional clinical research regulations.
  • Expertise in CPT, Modifiers, ICD, and HCPCS codes to support billing and compliance efforts.
  • Strong knowledge of clinical trial contracting, revenue recognition principles, and relevant regulatory guidelines (e.g., ICH-GCP).
  • Excellent attention to detail and analytical skills, with a focus on accuracy in financial operations.
  • Strong communication and interpersonal skills for effective collaboration with cross-functional teams and external partners.
  • Expertise in Microsoft Excel.
  • Excellent Written and verbal communication skills.
  • Strong investigative and problem-solving skills.


Working Conditions
  • Office environment.


Application Documents
  • Resume (required)
  • Cover Letter (required)


The University of Chicago uses AI-assisted tools to streamline and augment some recruitment processes; however, AI is not used to make hiring decisions.

When applying, the document(s) MUST be uploaded via the My Experience page, in the section titled Application Documents of the application.

Job Family
Financial Management

Role Impact
Individual Contributor

Scheduled Weekly Hours
40

Drug Test Required
No

Health Screen Required
No

Motor Vehicle Record Inquiry Required
No

Pay Rate Type
Salary

FLSA Status
Exempt

Pay Range
$70,000.00 - $95,000.00
The included pay rate or range represents the University's good faith estimate of the possible compensation offer for this role at the time of posting.

Benefits Eligible
Yes
The University of Chicago offers a wide range of benefits programs and resources for eligible employees, including health, retirement, and paid time off. Information about the benefit offerings can be found in the Benefits Guidebook.

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