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Manager, Business Compliance

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand - with heart at its center - our purpose sends a personal message that how we deliver our services is just as important as what we deliver.Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable. Candidate must reside in the EST or CST Business Compliance Manager, NCQA Accreditation• Develop tactical and operational plans to achieve the Business Compliance area's goals, and communicates plans to managers, supervisors, and teammates ensuring compliance with all relevant laws and regulations.• Assist with the development of compliance policies and procedures to ensure safe and lawful operations.• Determine and implement solutions to address compliance gaps and communicates with senior managers and executives to ensure regulations are followed concisely.• Ensure adherence to applicable laws, regulations, and NCQA accreditation standards by implementing compliance training programs and conducting internal audits to identify potential compliance issues.• Support Department of Insurance inquiries and external compliance audits relating to delegated oversight and management functions of medical management programs.• I dentify areas for improvement within healthcare processes, systems, and operations, and works with clinicians and cross-functional teams to develop and implement quality improvement initiatives that drive change.• Ensure healthcare quality standards and regulations are met by monitoring and evaluating the performance of healthcare services, programs, and processes.• Integrate quality improvement initiatives that align with organizational objectives and support broader company healthcare strategies. Contribute to the successful execution of quality improvement initiatives and work towards promoting excellence in our medical management programs.• Participates in committees and workgroups focused on healthcare quality and process improvement methodologies.Required Qualifications• A minimum of 5 years' experience in a regulatory compliance position in healthcare insurance• A minimum of 3 years' experience of end-to-end management of NCQA accreditation and reaccreditation.• Experience supporting medical management programs - Utilization Management and Case Management specifically.• Demonstrated working knowledge of Federal laws concerning health care and health insurance law including federal healthcare reform, HIPAA, ERISA, DOL, and federal mental health parity.• Demonstrated working knowledge of state insurance laws, and the relationship between state and federal laws.• Have or able to quickly develop an understanding of Aetna / American Health Holding products and services.• Proficiency with the use of a variety of software applications (MS Project, Word, Excel, and PowerPoint).• Excellent communication and interpersonal skills.Preferred Qualifications• Project management experience.• Total Quality Management (TQM) experience.Education• Bachelor's degree preferred or equivalent professional work experience.Pay RangeThe typical pay range for this role is:$54,300.00 - $159,120.00This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company's 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off ("PTO") or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.For more detailed information on available benefits, please visit Benefits | CVS HealthWe anticipate the application window for this opening will close on: 01/25/2025Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
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What You Should Know About Manager, Business Compliance, CVS Health

At CVS Health, we're on a mission to put our hearts into every moment of health care, and we need a passionate Manager of Business Compliance to help us achieve that goal. Located in the vibrant Concord, NH, you will play a critical role in developing tactical and operational plans that align with our Business Compliance area's objectives. Your day-to-day will involve creating robust compliance policies and procedures, ensuring that we adhere to applicable laws and NCQA accreditation standards. You will conduct internal audits, facilitate compliance training programs, and actively engage with senior managers to ensure our operations meet regulations with precision. This role not only emphasizes adhering to healthcare quality standards but also encourages you to identify areas for improvement within our processes. As a vital member of our team, you'll contribute to healthcare quality initiatives and work collaboratively with clinicians and cross-functional teams to drive change. We're looking for an individual with a robust background in regulatory compliance, particularly within healthcare insurance, and who possesses excellent communication skills. If you're excited to join a company that empowers you to make a tangible difference in people's lives, then CVS Health might just be the right fit for you!

Frequently Asked Questions (FAQs) for Manager, Business Compliance Role at CVS Health
What are the responsibilities of a Manager, Business Compliance at CVS Health?

As a Manager of Business Compliance at CVS Health, your duties will include creating operational plans to meet compliance goals, developing policies that ensure lawful operations, and conducting internal audits. You will lead compliance training initiatives and communicate efficiently with senior management to uphold regulations. Additionally, your role will involve identifying healthcare process improvements and collaborating with various teams to implement quality enhancement initiatives.

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What qualifications are required for the Manager, Business Compliance position at CVS Health?

The ideal candidate for the Manager, Business Compliance position at CVS Health should have a minimum of 5 years’ experience in regulatory compliance within healthcare insurance and at least 3 years managing NCQA accreditation. Knowledge of federal and state healthcare laws is essential, as well as proficiency in software applications like MS Word and Excel. Strong communication and interpersonal skills are also vital to succeed in this role.

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How does CVS Health support the professional development of a Manager, Business Compliance?

CVS Health actively fosters professional growth for Managers of Business Compliance through comprehensive well-being programs, education assistance, and free development courses. The company values ongoing learning, allowing you to enhance your skills and stay updated with industry changes. Additionally, you’ll join a team that encourages collaboration and innovation, further promoting personal and professional advancement.

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What does the typical pay range look like for the Manager, Business Compliance role at CVS Health?

For the Manager, Business Compliance position at CVS Health, the typical pay range is between $54,300.00 and $159,120.00 annually. The specific base salary will vary based on experience, education, and geographic location. Also, there are bonuses and incentive programs available, enhancing the overall compensation package.

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What benefits can I expect as a Manager, Business Compliance at CVS Health?

As a Manager of Business Compliance at CVS Health, you’ll enjoy a comprehensive benefits package that includes medical, dental, and vision coverage, along with a 401(k) retirement savings plan and an Employee Stock Purchase Plan. Additionally, the company offers numerous well-being programs, life insurance, short- and long-term disability benefits, Paid Time Off, and various discounts with participating partners.

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Common Interview Questions for Manager, Business Compliance
Can you explain your experience with NCQA accreditation processes?

In answering this question, focus on your hands-on experience in managing and ensuring compliance with NCQA requirements. Describe specific projects where you handled accreditation successfully and emphasize your ability to navigate its complexities.

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What strategies do you use to identify compliance gaps?

Showcase your analytical skills by discussing how you use data analysis, feedback mechanisms, and audits to uncover compliance gaps. Provide examples where your proactive measures led to significant improvements.

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How do you ensure that staff are informed about compliance policies?

Discuss your experience in creating training programs or communication strategies to educate staff about compliance. Highlight any successful initiatives that included regular updates and engaging training sessions.

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What approach do you take to handle compliance issues?

Your answer should reflect a systematic approach, discussing how you investigate, analyze root causes, and implement strategies to rectify compliance issues while collaborating with your team for sustainable solutions.

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Can you give an example of a successful quality improvement initiative you led?

Prepare to describe a specific quality improvement project you led, detailing your role, objectives, and outcomes. Mention how you involved stakeholders and the impact it had on compliance or patient outcomes.

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What do you believe are the most important regulations impacting healthcare today?

Articulate your understanding of key regulations like HIPAA, ACA, and mental health parity laws. Discuss how these regulations impact healthcare operations and compliance strategies in your previous experiences.

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How do you prioritize multiple compliance tasks?

Share your methods for prioritizing tasks, such as using project management tools, setting clear timelines, and communicating effectively with your team to align on priorities. Offer examples from past experiences.

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Describe your experience working with cross-functional teams.

Emphasize the importance of collaboration in your role. Discuss specific examples of projects where you worked alongside different departments to improve compliance or quality metrics.

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What role does technology play in compliance management?

Discuss how technology aids in monitoring compliance through analytics, data management, and reporting tools. Highlight any systems you have utilized in the past and their efficiency in enhancing compliance processes.

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How do you handle feedback from regulatory bodies?

Explain your approach to receiving feedback by discussing your commitment to transparency and continuous improvement. Provide an example of how you have effectively addressed feedback from regulatory audits or inquiries.

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We help people with their health wherever and whenever they need us. And we do it with heart. Because our passion is our purpose: Bringing our heart to every moment of your health™.

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DATE POSTED
December 15, 2024

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