Director of Billings & Collections
AirtableSalary not specified
Full Time
Expert & Leadership (9+ years)
Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Pharmaceuticals, Retail PharmacyIndustries
Requirements
Candidates must possess a Bachelor's degree or equivalent experience, with a minimum of 10 years of related work experience. Required skills include strategy development and execution, business intelligence, problem-solving, decision-making, collaboration, teamwork, and a growth mindset. Preferred qualifications include healthcare/pharmacy industry experience, knowledge of pharmaceutical products, contract administration, financial and data analysis, data-mining, cash reconciliation, complex process management, and negotiation of settlements. An MBA is also preferred.
Responsibilities
The Lead Director, Finance Operations will lead a team responsible for the timely and comprehensive collection of funds from pharmaceutical manufacturers, minimizing collection costs. This role involves overseeing end-to-end AR management operations, establishing and tracking KPIs, developing strategies to optimize performance, and fostering an engaging culture that drives continuous improvement. The position requires monitoring industry trends and regulations, collaborating with internal and external stakeholders to optimize collections, and hiring, developing, and training team members to ensure compliance and high performance.
Skills
Finance Operations
AR Management
Collections
Payment Posting
KPI Development
Performance Reporting
Strategic Planning
Compliance
Continuous Improvement
Leadership
Team Management
Process Optimization
CVS Health
Comprehensive pharmacy and healthcare services
About CVS Health
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, and beauty items, as well as pharmacy benefits management and specialty pharmacy services. CVS Health's integrated business model allows them to serve individual consumers, businesses, and communities effectively, with a focus on improving health outcomes and reducing healthcare costs. Unlike many competitors, CVS Health combines pharmacy services with medical care, making it easier for patients to access quality healthcare. The company's goal is to enhance access to healthcare and support individuals in achieving better health.
Woonsocket, Rhode IslandHeadquarters
1963Year Founded
DEBTCompany Stage
Healthcare, Consumer GoodsIndustries
10,001+Employees
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
Risks
Legal challenges related to opioid prescriptions could harm CVS's reputation and finances.
The DOJ's intervention in a whistleblower lawsuit may increase legal costs for CVS.
The Horizon Organic Milk recall exposes potential vulnerabilities in CVS's supply chain.
Differentiation
CVS Health operates over 9,600 retail pharmacies and 1,100 walk-in clinics nationwide.
The company integrates pharmacy benefits management with specialty pharmacy services for comprehensive care.
CVS Health offers tailored medication plans through personalized medicine and pharmacogenomics.
Upsides
Expansion of telehealth services allows CVS to reach more patients remotely.
Increased consumer interest in wellness boosts demand for CVS's health-related products.
The trend towards value-based care aligns with CVS's integrated healthcare approach.
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