- Salary
- $70k – $117k
- Location
- Bannockburn, IL, United States of America
- Type
- Full-time
- Department
- Legal
- Experience
- 2+ years
- Education
- Bachelor
- Source
- Workday
Description
Extraordinary Careers. Endless Possibilities.
With the nation’s largest home infusion provider, there is no limit to the growth of your career.
Option Care Health, Inc. is the largest independent home and alternate site infusion services provider in the United States. With over 8,000 team members including 5,000 clinicians, we work compassionately to elevate standards of care for patients with acute and chronic conditions in all 50 states. Through our clinical leadership, expertise and national scale, Option Care Health is re-imagining the infusion care experience for patients, customers and team members.
Join a company that is taking action to develop an inclusive, respectful, engaging and rewarding culture for all team members. At Option Care Health your voice is heard, your work is valued, and you’re empowered to grow. Cultivating a team with a variety of talents, backgrounds and perspectives makes us stronger, innovative, and more impactful. Our organization requires extraordinary people to provide extraordinary care, so we are investing in a culture that attracts, hires and retains the best and brightest talent in healthcare.
Job Description Summary:
As part of the Option Care Health Compliance team, the Analyst, Compliance Business Partner supports the Company's proactive, business-focused compliance program by partnering with business stakeholders to identify, assess, and address compliance risks and requirements. This role supports the Compliance Business Partner team in delivering practical compliance guidance, facilitating compliance program initiatives, conducting risk assessment and monitoring activities, responding to business inquiries, and assisting with implementation of regulatory and policy requirements across the organization.This role reports to the Vice President, Compliance Business Partner and works collaboratively with Operations, Sales, Clinical, Revenue Cycle, and other business functions to help integrate compliance considerations into business processes and support responsible business growth. The Analyst is responsible for supporting compliance training and communications, compliance reviews, investigations, remediation activities, governance reporting, and other initiatives designed to promote compliance with applicable laws, regulations, company policies, and ethical standards.
Job Description:
Job Responsibilities (listed in order of importance and/or time spent)
- Support the Compliance Business Partner in proactively identifying, assessing, and addressing compliance risks within assigned business areas and escalate emerging concerns appropriately.
- Identify emerging compliance trends, issues, and business risks and escalate significant concerns to Compliance leadership as appropriate.
- Own defined compliance projects and workstreams from initiation through completion, including developing workplans, coordinating stakeholders, tracking deliverables, and escalating issues that may affect timely completion.
- Drive timely responses to routine compliance questions and business requests, providing practical, risk-based guidance within established parameters and escalating matters requiring additional expertise or judgment.
- Research applicable laws, regulations, regulatory guidance, and industry developments and summarize relevant implications for assigned business areas and topics for review by Compliance leadership.
- Monitor regulatory and industry developments and support implementation activities needed to address new or changing compliance requirements.
- Develop, update, coordinate, and deliver routine compliance training and communications tailored to specific business audiences, and support tracking and follow-up of training requirements.
- Support compliance risk assessments by gathering and analyzing relevant business information, identifying potential risks and control gaps, and compiling materials and findings for review.
- Track compliance issues, corrective actions, and remediation commitments through resolution, coordinating with business owners to promote timely completion and escalating overdue or unresolved matters
- Support compliance reviews, investigations, and corrective action activities by gathering information, coordinating stakeholders, documenting findings, and tracking remediation efforts.
- Collaborate with Operations, Sales, Clinical, and other functions on compliance-related initiatives and help integrate compliance considerations into business processes and projects.
- Support compliance review of new business initiatives, process changes, and operational projects by identifying potential compliance considerations and escalating issues as appropriate.
- Develop and maintain effective working relationships with business stakeholders to support proactive compliance engagement and problem-solving
- Support the implementation and ongoing maintenance of Compliance program initiatives within assigned business areas, including facilitating adoption of policies, procedures, controls, and risk mitigation activities.
- Support the Compliance Operations team with updating and maintaining compliance policies, procedures, guidance, resources, and business-facing materials.
- Identify opportunities to improve the efficiency, consistency, and effectiveness of Compliance processes and tools.
- Prepare reports, presentations, summaries, and other materials supporting compliance governance, risk oversight, and leadership communications.
- Respond to day-to-day questions from business teams and direct them to the appropriate resources.
Supervisory Responsibilities
Does this position have supervisory responsibilities?
(i.e. hiring, recommending/approving promotions and
pay increases, scheduling, performance reviews,
discipline, etc.)
No X
Basic Education and/or Experience Requirements
- Bachelor's degree
- Minimum of 2 years of experience in healthcare compliance, healthcare operations, legal/regulatory affairs, risk management, auditing, pharmacy, nursing, revenue cycle, or a related healthcare function.
-OR-
- High School Diploma/GED
- Minimum of 4 years of experience in healthcare compliance, healthcare operations, legal/regulatory affairs, risk management, auditing, pharmacy, nursing, revenue cycle, or a related healthcare function.
Basic Qualifications
- Knowledge of healthcare laws, regulations, and industry guidance, including Anti-Kickback Statute, Stark Law, HIPAA, Medicare and Medicaid requirements, and applicable OIG guidance.
- Experience researching, analyzing, and interpreting regulatory requirements, policies, procedures, and business practices to identify compliance risks and considerations.
- Strong analytical, organizational, and project management skills with the ability to manage multiple priorities and meet deadlines.
- Strong written and verbal communication skills and the ability to communicate compliance concepts clearly and professionally.
- Demonstrated ability to build collaborative working relationships across multiple functions and levels of the organization.
- Ability to exercise sound judgment, work independently, and appropriately escalate issues requiring additional review or guidance.
- Experience participating in risk assessments, compliance reviews, investigations, audits, corrective action activities, or similar compliance initiatives.
Physical Demand Requirements
- Ability to sit and work at a computer for extended periods of time.
Travel Requirements: (if required)
- Willing to travel up to 25% of the time for business purposes (within state and out of state).
Preferred Qualifications & Interests (PQIs)
- Experience in healthcare compliance, specialty pharmacy, infusion services, nursing, revenue cycle, pharmaceutical, medical device, or other regulated healthcare environments.
- Experience supporting compliance programs, training initiatives, policy management, monitoring activities, investigations, or remediation efforts.
- Certification in Healthcare Compliance (CHC) or willingness to pursue certification.
Due to state pay transparency laws, the full range for the position is below:
Salary to be determined by the applicant's education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.
Pay Range is $70,218.51-$117,008.35Benefits:
-Medical, Dental, & Vision Insurance
-Paid Time off
-Bonding Time Off
-401K Retirement Savings Plan with Company Match
-HSA Company Match
-Flexible Spending Accounts
-Tuition Reimbursement
-myFlexPay
-Family Support
-Mental Health Services
-Company Paid Life Insurance
-Award/Recognition Programs
Option Care Health subscribes to a policy of equal employment opportunity, making employment available without regard to race, color, religion, national origin, citizenship status according to the Immigration Reform and Control Act of 1986, sex, sexual orientation, gender identity, age, disability, veteran status, or genetic information.