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CVS Health

Healthcare, insurance, PBM, and retail pharmacy

Coding Audit & Compliance Director

Full-TimePosted on 9/29/2026Deadline 10/10/26
$100k - $231.5k/yr+ Bonus + Commission + Short-term incentive + Equity award
Senior, Expert
Bachelor's
Texas, USA
Remote
Company Historically Provides H1B Sponsorship

About the job

Requirements
  • Eight or more years of progressive experience in medical coding, coding audit, coding compliance, healthcare quality, or risk adjustment.
  • Five or more years of progressive leadership experience within a medical coding, audit, compliance, quality, or risk adjustment environment.
  • Demonstrated experience developing or overseeing coding audit, quality assurance, compliance, or risk-management programs.
  • Significant experience with Medicare risk adjustment, Centers for Medicare & Medicaid Services requirements, coding audits, and complex quality or compliance matters.
  • Active Certified Professional Coder, Certified Coding Specialist, or equivalent nationally recognized coding credential.
  • Certified Risk Adjustment Coder certification.
  • Advanced knowledge of International Classification of Diseases, 10th Revision, Clinical Modification coding guidelines, Centers for Medicare & Medicaid Services risk adjustment requirements, Hierarchical Condition Category models, medical record documentation requirements, and coding compliance principles.
  • Advanced knowledge of coding audit methodologies, quality assurance, risk assessment, root-cause analysis, and corrective action processes.
  • Demonstrated ability to interpret complex coding and regulatory requirements and translate them into policies, controls, operational requirements, and organizational recommendations.
  • Strong analytical and decision-making skills with demonstrated ability to identify trends, assess risk, and translate complex information into actionable recommendations.
  • Demonstrated ability to lead within a matrixed organization, influence stakeholders outside direct reporting relationships, and manage complex cross-functional initiatives.
  • Excellent written and verbal communication skills with the ability to communicate effectively with operational, clinical, technical, client-facing, and executive audiences.
Responsibilities
  • Provide strategic leadership and direction for the Coding Audit and Coding Compliance functions, establishing priorities, performance expectations, and short- and long-term objectives.
  • Develop and oversee a comprehensive, risk-based Coding Audit Program, including audit methodology, sampling strategies, quality thresholds, escalation criteria, and corrective action requirements.
  • Establish coding quality and compliance standards across internal and external coding resources to promote accuracy, completeness, specificity, clinical support, and adherence to applicable coding and regulatory requirements.
  • Identify systemic coding quality and compliance risks and direct root-cause analysis, remediation, education, and preventive action.
  • Establish performance measures, key risk indicators, and reporting to monitor Coding Audit and Compliance effectiveness and provide leadership with visibility into emerging trends and areas of risk.
  • Provide oversight of coding-specific compliance and ensure coding practices align with Centers for Medicare & Medicaid Services guidance, federal and state requirements, internal policies, contractual requirements, and applicable industry standards.
  • Lead the development, interpretation, implementation, and maintenance of coding policies, internal coding guidelines, audit standards, and compliance requirements.
  • Monitor changes in Centers for Medicare & Medicaid Services risk adjustment models, coding guidance, Office of Inspector General priorities, and regulatory requirements, and evaluate their potential impact on coding operations, policies, technology, education, and controls.
  • Direct coding-related readiness activities for Centers for Medicare & Medicaid Services Risk Adjustment Data Validation, Office of Inspector General reviews, client audits, internal compliance reviews, and other regulatory or contractual audits.
  • Serve as a senior escalation point for complex or high-risk coding interpretations and compliance issues and partner with Clinical, Legal, Enterprise Compliance, and other stakeholders as appropriate.
  • Advise executive leadership regarding material coding risks and recommend corrective, preventive, or risk-mitigation actions.
  • Provide senior Coding leadership for significant client audits, coding disputes, appeals, corrective action plans, and quality or compliance escalations.
  • Establish governance for coding audit appeals and dispute resolution, including escalation standards, adjudication expectations, trend analysis, and systemic corrective action.
  • Establish coding quality and audit standards for external coding vendors, including quality thresholds, audit requirements, escalation criteria, and remediation expectations.
  • Partner with Coding Operations and Vendor Management to evaluate significant or recurring vendor quality concerns while maintaining separation between vendor operational management and independent quality/compliance oversight.
  • Leverage audit results, Business Intelligence reporting, quality data, client findings, and other analytics to identify coding trends, emerging risks, and opportunities for improvement.
  • Translate quality and compliance data into actionable recommendations for Coding leadership and cross-functional stakeholders.
  • Provide Coding Audit and Compliance leadership for technology initiatives, including coding application development, automation, and artificial-intelligence/natural-language-processing-assisted coding and auditing solutions.
  • Establish validation, quality-control, and ongoing monitoring requirements for technology-enabled coding and audit processes.
  • Identify opportunities to improve the effectiveness, scalability, and efficiency of Coding Audit and Compliance through process redesign, analytics, automation, and technology.
  • Advise the Executive Director and senior leadership regarding coding quality, regulatory developments, client concerns, audit findings, compliance exposure, and mitigation strategies.
  • Represent Coding Audit and Compliance in cross-functional initiatives involving Coding Operations, Clinical, Product, Engineering, Analytics, Client Success, Legal, Enterprise Compliance, Vendor Management, and other stakeholders.
  • Develop and execute the annual and multi-year strategic roadmap for Coding Audit and Compliance aligned with organizational objectives and anticipated regulatory, technology, workforce, and client needs.
  • Provide coding expertise and recommendations that influence organizational policies, operational processes, technology development, client commitments, quality standards, and strategic priorities.
  • Provide leadership, direction, coaching, and development to Coding Audit and Coding Compliance leaders and professional staff.
  • Establish clear accountability, performance expectations, and departmental objectives aligned with organizational goals.
  • Develop leadership capability, technical expertise, succession plans, and career development opportunities within Coding Audit and Compliance.
  • Oversee hiring, performance management, professional development, and other personnel-management activities within assigned functions.
  • Promote a culture of accountability, collaboration, continuous improvement, professional judgment, quality, and compliance.
Desired Qualifications
  • Experience leading managers, supervisors, team leads, or multiple functional teams.
  • Certified Professional Medical Auditor certification.
  • Registered Health Information Administrator or Registered Health Information Technician credential.
  • Healthcare compliance certification such as Certified in Healthcare Compliance.
  • Experience with Centers for Medicare & Medicaid Services Risk Adjustment Data Validation, Office of Inspector General risk adjustment initiatives, client coding audits, and regulatory reviews.
  • Experience with Medicare, Medicaid, and Affordable Care Act risk adjustment methodologies.
  • Experience with Business Intelligence tools, coding quality analytics, and artificial-intelligence/natural-language-processing-assisted coding or auditing technologies.

About the company

CVS Health operates as a diversified health services company in the United States, organized into Health Care Benefits, Pharmacy & Consumer Wellness, and Health Services. Its offerings include medical insurance products, retail and mail-order prescription drugs, and pharmacy benefit management (PBM) services, all connected through its integrated platform. By combining insurance, retail pharmacy, PBM, and health solutions, CVS Health coordinates care and controls costs across touchpoints for individuals, employers, and government programs. The company aims to lower health care costs while improving access and health outcomes for customers.

Company Size

10,001+

Company Stage

IPO

Headquarters

Woonsocket, Rhode Island

Founded

1963

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Simplify's Take

What believers are saying

  • Second-quarter 2026 revenue reached $106.1 billion, and adjusted EPS rose to $2.58.
  • CVS raised 2026 adjusted EPS guidance to $7.90-$8.10 and cash flow above $11.5 billion.
  • CVS launched GLP-1 support and $29 virtual visits, capturing weight-loss demand now.

What critics are saying

  • 340B restrictions hit Caremark in 2026 and management expects pressure into 2027.
  • Omnicare’s $949 million fraud case and $440 million settlement damage trust through 2028.
  • Rite Aid transfer gains fade while Walgreens closures stop, squeezing prescription-share upside.

What makes CVS Health unique

  • Caremark, Aetna, and CVS Pharmacy create unmatched insurance-to-retail integration.
  • CVS opened pharmacy-only formats in Chicago in March 2026, sharpening prescription density.
  • Teresa Heitsenrether joins the board November 2026, signaling stronger data-led operating discipline.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

Company Equity

Wellness Program

Professional Development Budget

Paid Vacation

Paid Holidays

Company News

Yahoo Finance
Sep 25th, 2026
CVS shares drop 15% as pharmacy giant warns of unquantified 340B business headwinds in 2027

CVS Health faces an unquantified headwind from its 340B drug discount programme heading into 2027, management warned during its fiscal Q2 2026 earnings call in August. The company's shares have fallen 15.2% over the past three months, even as management raised its 2026 earnings outlook. The 340B business, which serves eligible healthcare organisations, is experiencing pressure as drugmakers limit programme coverage. Management expects this drag to continue affecting its pharmacy services business in 2027 but declined to quantify the potential impact. CVS's Health Services segment, which likely includes the 340B business, generated $190.4 billion in revenue during fiscal 2025. The company trades at 22.5 times trailing earnings, roughly level with the S&P 500's 22.4 multiple.

Yahoo Finance
Sep 18th, 2026
CVS Omnicare completes $250M bankruptcy sale after $440M government settlement

CVS Health's Omnicare division has completed its Chapter 11 bankruptcy liquidation after selling its business operations for $250 million. A Texas bankruptcy judge approved the wind-down plan following a $440 million settlement with the Justice Department over improper billing practices. Omnicare, which served nursing homes and long-term care facilities, filed for bankruptcy in September 2025 after facing a $949 million judgement for fraudulently dispensing drugs without valid prescriptions and billing federal healthcare programmes for false claims. The settlement requires CVS to pay $130 million upfront and cover the remaining $310 million if Omnicare fails to do so by March 2028. GenieRx Holdings, a joint partnership between Milrose Capital and Integro Asset Management, purchased Omnicare's operations. The sale is expected to close next month.

Yahoo Finance
Sep 14th, 2026
CVS Health up 32% in a year: is it time to buy the stock?

CVS Health shares have declined 2.1% over the past three months, prompting investors to consider whether now is an opportune time to buy. The healthcare giant, which operates approximately 9,000 retail pharmacy locations and serves more than 35 million people through its health insurance business, reported second-quarter revenue of $106 billion, up 7.3% year-over-year. Adjusted earnings per share rose 43% in the same period. The company offers a dividend yield of 2.8%, with its annual payout increasing from $2 in 2021 to $2.66 per share recently. Shares currently trade at $95, with one analyst setting a price target of $120. The stock's forward price-to-earnings ratio of 11 sits slightly above its five-year average of 10.

Yahoo Finance
Sep 13th, 2026
US health insurers rebound as medical costs stabilise, analysts predict 16% earnings growth through 2030

The health insurance industry may have recovered from high medical costs, with analysts predicting strong growth through 2030. Morningstar forecasts 16% annual earnings per share growth for major insurers, above the industry's typical low-double-digit target. Health insurers are improving profitability by raising rates to cover increased medical utilisation. UnitedHealth Group reported over $5 billion in second-quarter net income, with its medical care ratio falling to 86.7% from 89.4% year-over-year. The outlook also improved for pharmacy benefit management operations at companies like UnitedHealth, CVS Health, and Cigna. Despite increased regulatory scrutiny, the "big three" PBMs maintain strong competitive positions. Third-quarter earnings reports next month should provide further clarity on the industry's financial health.

Yahoo Finance
Sep 12th, 2026
CVS quietly gains market share as Walgreens closes 1,200 US stores following $10B private equity sale

Walgreens is closing roughly 1,200 of its approximately 8,500 US locations through 2027, with many customers being redirected to nearby CVS pharmacies. The pattern is reshaping suburban pharmacy markets without direct competition. In August 2025, Walgreens completed a $10 billion sale to private equity firm Sycamore Partners, taking the 124-year-old chain private for the first time. Mike Motz was named chief executive, replacing Tim Wentworth. CVS is gaining market share without active expansion efforts. Federal and state rules require orderly prescription transfers when pharmacies close, often directing patients to the nearest CVS location. CVS and Walgreens together now handle nearly 40% of all US retail prescription sales. CVS benefits from owning Caremark, a dominant pharmacy benefit manager, providing vertical integration advantages.