Fractional Chief Compliance Officer

Fraxional; New York (NY); Remote; USD 150,000 - 200,000; Part time

Job summary

A compliance solutions firm is seeking a Fractional Chief Compliance Officer to provide strategic oversight in compliance matters within the healthcare industry. The ideal candidate has at least 8 years of experience in healthcare compliance, with strong analytical and problem-solving skills. This independent contractor role allows for flexible scheduling of up to 40 hours per month, with an attractive hourly rate of $75-$100.

Qualifications

• Minimum of 8 years in healthcare compliance roles.
• At least 3 years in a leadership capacity.
• Strong understanding of healthcare laws and regulations.

Responsibilities

• Provide strategic oversight on compliance matters in healthcare.
• Implement and maintain compliance programs.
• Conduct risk assessments to identify vulnerabilities.

Skills

Analytical skills

Verbal communication

Problem-solving

Customer service

Decision making

Education

Bachelor’s or Master’s degree in Healthcare Administration, Law, or Business Administration

Job description

Overview

Job Title : Fractional Chief Compliance Officer (Healthcare Industry)

Position Type: Independent Contractor (1099) • Hours: Up to 40 hours per month • Location: Remote

About Fraxional: Fraxional is a full-service firm specializing in fractional compliance and HR placements. We focus on delivering high-quality, flexible solutions tailored to the unique needs of each client. Fraxional provides centralized support and resources for our fractional Chief Compliance Officers, as well as a community of compliance professionals.

Responsibilities

• We are seeking a seasoned Chief Compliance Officer (CCO) to provide strategic oversight and guidance on compliance matters within the healthcare industry.
• Design, implement, and maintain comprehensive compliance programs that align with federal and state healthcare regulations, including HIPAA, Stark Law, Anti-Kickback Statute, and fraud and abuse laws.
• Conduct regular risk assessments to identify potential compliance vulnerabilities and develop strategies to mitigate identified risks.
• Develop, review, and update organizational policies and procedures to ensure adherence to current healthcare laws and best practices.
• Provide ongoing training and education to staff on compliance-related topics, fostering a culture of compliance throughout the organization.
• Oversee internal audits and monitoring activities to assess the effectiveness of compliance programs and ensure continuous improvement.
• Prepare and present regular compliance reports to senior management and, when applicable, to the Board of Directors.
• Serve as the primary point of contact for regulatory agencies, ensuring timely and accurate responses to inquiries and maintaining positive relationships.

Qualifications

• Education: Bachelor’s or Master’s degree in Healthcare Administration, Law, Business Administration, or a related field, or equivalent years of work experience.
• Certifications: Preferred certifications such as Certified in Healthcare Compliance (CHC), Certified in Healthcare Privacy Compliance (CHPC), or Certified in Healthcare Research Compliance (CHRC).
• Experience: Minimum of 8 years in healthcare compliance roles, with at least 3 years in a leadership capacity. Experience in startups or digital health companies is strongly preferred.
• Knowledge: In-depth understanding of healthcare laws and regulations, including HIPAA, Stark Law, Anti-Kickback Statute, and fraud and abuse laws.
• Skills: Strong analytical and critical thinking abilities; excellent verbal and written communication skills; excellent customer service skills; ability to work independently and make decisions under pressure; proven conflict resolution and problem-solving skills; high ethical standards and integrity.

Compensation and Schedule

• Hourly Rate: $75-$100 per hour
• Schedule: Flexible, up to 40 hours per month. Final schedule depends on each customer’s needs, though the majority of work can be completed asynchronously.