C

Council Capital

Invests in lower-middle-market healthcare companies

Healthcare Fraud Investigator

Full-Time
No salary listed
Junior
Nashville, TN, USA
Remote
Risk & ComplianceFinancial Crime & AML

About the job

Requirements
  • At least 2 years of experience at a healthcare payer or vendor as an Investigator or Auditor working with healthcare claims.
  • Experience across multiple lines of business, including Medicare, Medicaid, Commercial, and FEP.
  • Proficiency with auditing software, case management systems, and claims systems.
  • Experience owning the full investigation workflow from lead to revenue.
  • Ability to exercise sound analytical judgment and negotiate favorable, defensible outcomes.
  • U.S.-based with work authorization; offshore work is not permitted because the role operates in a protected health information environment.
Responsibilities
  • Identify and qualify 100% or more of budgeted leads each month, approximately 15, and take each from concept to an accepted lead.
  • Achieve at least 50% lead acceptance or concept approval from clients.
  • Carry an active caseload of 20 to 30 cases per month and own each case from opening through closure.
  • Close 90% of individual cases within four to five months.
  • Convert case value into recovered dollars and achieve at least 100% of the top-line revenue target, with approximately 45% of identified value converting to gross revenue.
  • Maintain a 95% first-time acceptance rate on documentation sent to customers.
  • Keep payer complaints at zero and minimize provider abrasion across every interaction.
  • Work fluently across Medicare, Medicaid, Commercial, and FEP lines of business.
  • Identify and qualify improper-payment leads, own investigations from concept through accepted case and recovered dollars, carry a live caseload, drive cases to closure, and be measured on returned revenue.
  • Work directly with payer clients and partner with coders and customer success.
Desired Qualifications
  • Certified Fraud Examiner certification.
  • Certified Professional Coder certification.
  • Accredited Health Care Fraud Investigator certification.
  • Certified Anti-Fraud Professional certification.
  • Based in an Eastern or Central time zone.

About the company

Council Capital is a healthcare-focused private equity firm based in Nashville that invests in lower middle-market companies (enterprise value under $100 million) aiming to improve healthcare. The firm grows portfolio businesses by leveraging its CEO Council, a network of 34 senior executives with investments in its funds and deep connections with payers, providers, and employers representing a large portion of managed care lives. It also uses a Value Creation Team to provide strategic and operational support in areas like go-to-market, revenue cycle, talent management, and technology/AI. Its goal is to increase the value of its portfolio companies by applying these networks and resources to drive growth and efficiency in healthcare businesses.

Company Size

11-50

Company Stage

N/A

Total Funding

$110.1M

Headquarters

Nashville, Tennessee

Founded

2000

Get referred to Council Capital

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • April 2026 MSQ adds a data-rich procurement platform for ancillary services and pharmacy benefits.
  • September 9, 2025 GEOH raised over $30 million, signaling buyer confidence in Council Capital.
  • July 13, 2026 ViaQuest leadership appointments suggest active portfolio-building and operating support.

What critics are saying

  • Advanced Care Partners sale on April 28, 2026 shows portfolio turnover and integration pressure.
  • MSQ faces entrenched claims administrators and specialty software rivals in fragmented, price-sensitive markets.
  • If GEOH or MSQ stall, Council Capital loses proof for its healthcare-technology strategy.

What makes Council Capital unique

  • Council Capital specializes in healthcare buyouts, software, and services, not generalist investing.
  • April 2026 MSQ acquisition targets workers' compensation and auto-no-fault claims procurement.
  • Fund four backs operators with board support, advisory resources, and healthcare network access.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Relocation Assistance

Company News

Forbes
Oct 13th, 2026
Collective X Health raises $3.2M to close women's health data gap

Collective X Health has launched with $3.2 million in funding to expand its women's health intelligence platform. The company licenses research on female physiology to businesses.

Business Wire
Apr 9th, 2026
Council Capital acquires MedicalServiceQuotes.com.

Council Capital acquires MedicalServiceQuotes.com. Healthcare-focused private equity firm invests in medical services procurement tool that payers and employers use to manage claims. NASHVILLE, Tenn.-(BUSINESS WIRE)-Council Capital, a prominent healthcare-focused private equity firm, today announces the acquisition of MedicalServiceQuotes.com (MSQ), a platform as a service (PaaS) technology provider helping payers and employers efficiently procure and manage ancillary services and pharmacy benefits through transparent, data-driven analytics. "Leveraging technology to power efficient, transparent, high-quality care for injured workers is how we transform healthcare," said Grant Jackson, Managing Partner, Council Capital. Share Investment firm PMPK, led by industry veterans Chris Feeney and Ken Hannigan, Ph.D., also supported this deal with both financial and advisory backing. Their proven leadership will be instrumental in driving industry transformation. "Leveraging technology to power efficient, transparent, high-quality care for injured workers is how we transform healthcare," said Grant Jackson, Managing Partner, Council Capital. "We support the vision of MSQ and look forward to expanding its industry-leading cost containment solutions through the high-touch support Council Capital offers our portfolio companies." Based in Castle Rock, Colorado, MSQ streamlines workflow management for workers' compensation and auto-no-fault insurers by providing a single, integrated portal for vendor access, billing, and reporting. The platform enables clients to manage preferred vendors through a custom panel and secure competitive pricing via network discounts and real-time bidding. By capturing granular vendor data, MSQ's proprietary technology delivers the analytics necessary for data-driven decision-making. "MSQ's mission is to empower clients by leveraging technology to provide pharmacy benefit management and ancillary healthcare services from the highest-quality providers in one convenient platform," MSQ founder and CEO Kent Morgan stated. "We're excited to build on this momentum and continue delivering industry-leading innovation." Morgan will continue to lead MSQ's operations in Castle Rock, Colorado. ABOUT COUNCIL CAPITAL Council Capital is a healthcare-focused private equity firm based in Nashville, Tennessee. Now investing out of its fourth fund, Council aspires to partner with high-growth healthcare companies to achieve strong investment returns by investing in businesses that make healthcare better. The firm has deep experience in scaling technology and service models in healthcare and brings a powerful network of industry leaders to each of its portfolio companies. For more information, visit councilcapital.com.

PR Inside
Sep 9th, 2025
GEOH Secures $30M Investment for Growth

GEOH, a leading provider of practice management software for home care agencies, has secured over $30M in growth investment from Council Capital and affiliates. This funding will accelerate GEOH's expansion and enhance its end-to-end software and services platform. Council Capital, a healthcare-focused private equity firm, joins existing investors to support GEOH's mission of improving cash flows for home care agencies. GEOH has doubled its revenue annually for the past three years.

PR Newswire
Oct 1st, 2024
StrataPT Secures $25MM to Boost Reimbursements

StrataPT has secured $25 million to enhance clinical efficiency and maximize reimbursement rates for outpatient therapy practices. The platform aims to simplify reimbursement complexities and streamline clinical processes, achieving nearly 100% reimbursement rates and collecting $275 million for practices to date. StrataPT's revenue has grown 60% year-over-year, and its U.S.-based team has expanded by 75% in the last two years. Council Capital's Kevin Fahey and Gregory Anderson join the Board of Directors.

The SaaS News
Sep 25th, 2024
StrataPT Rasies $25 Million in Funding | The SaaS News

StrataPT Rasies $25 Million in Funding