Full-Time

Healthcare Fraud Manager

Aetna SIU

Posted on 11/18/2024

CVS Pharmacy

CVS Pharmacy

10,001+ employees

Retail pharmacy and healthcare services provider

Healthcare
Consumer Goods

Compensation Overview

$54.3k - $159.1kAnnually

+ Bonus + Commission + Short-term Incentive Program

Senior, Expert

Company Historically Provides H1B Sponsorship

Remote in USA

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
Data Analysis
Requirements
  • 7-10 years of experience in fraud Investigations within the healthcare sector.
  • Strong analytical and problem-solving skills with experience in data analysis and fraud detection
  • In-depth knowledge of healthcare fraud schemes, regulatory standards, and compliance requirements.
  • Excellent communication and leadership skills.
  • If near at corporate hub location (CT or RI), the expectation is to be hybrid if within a certain radius.
  • Bachelor’s degree in Criminal Justice or related field or equivalent professional work experience.
Responsibilities
  • Provide leadership, guidance, and support to a team of investigators, fostering a collaborative and productive work environment.
  • Direct and oversee all fraud detection activities and investigations, ensuring alignment with organizational objectives and compliance standards.
  • Stay informed on latest fraud schemes and trends, adapting strategies and responses as needed to address new threats effectively.
  • Work closely with investigative management and directors, sharing insights and aligning on fraud prevention and mitigation strategies.
  • Create and implement strategies to proactively address and minimize fraud risks.
  • Monitor team productivity and ensure investigative processes meet organizational productivity goals.
  • Communicate findings, recommendations, and strategies effectively to senior leadership and relevant stakeholders.
  • Ensure compliance with regulatory requirements and maintain standards across all investigation and fraud prevention activities.
  • Develop and mentor team members, providing opportunities for professional growth and development.
  • Foster a culture of continuous improvement and innovation within the team.

CVS Health operates a large network of retail pharmacies and walk-in medical clinics across the United States, providing a variety of health-related products and services. Their offerings include prescription medications, over-the-counter health products, beauty items, and general merchandise. CVS Health also functions as a pharmacy benefits manager, serving over 75 million plan members, and has a senior pharmacy care business that assists more than one million patients each year. This integrated model allows CVS Health to deliver affordable health management solutions, improving access to quality care and health outcomes while aiming to reduce overall healthcare costs. Unlike many competitors, CVS Health combines retail pharmacy services with clinical care and pharmacy benefits management, positioning itself as a significant player in the healthcare sector with a commitment to enhancing people's health.

Company Stage

N/A

Total Funding

N/A

Headquarters

Woonsocket, Rhode Island

Founded

N/A

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-2%
Simplify Jobs

Simplify's Take

What believers are saying

  • The availability of updated flu and COVID-19 vaccines at CVS Pharmacy and MinuteClinic locations nationwide positions the company as a key player in public health initiatives.
  • The Health Zones funding and collaboration with local organizations in Fresno highlight CVS Pharmacy's role in improving community health outcomes.
  • The introduction of a new store brand for snacks, beverages, and groceries could attract a broader customer base and increase in-store sales.

What critics are saying

  • The competitive landscape in the retail pharmacy sector is intense, with major players like Walgreens and Rite Aid posing significant challenges.
  • The expansion into grocery and snack products may dilute CVS Pharmacy's brand identity as a healthcare provider.

What makes CVS Pharmacy unique

  • CVS Pharmacy's integration of digital tools for scheduling vaccinations and accepting walk-ins offers a seamless and convenient experience for customers, setting it apart from competitors.
  • The company's Health Zones initiative, which focuses on community health and access to healthy food, demonstrates a commitment to social responsibility that goes beyond traditional pharmacy services.
  • CVS Pharmacy's recent launch of a new store brand for snacks, beverages, and groceries diversifies its product offerings, making it a one-stop shop for consumers.

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