Regulatory Compliance Analyst, Cedar
$114.8-150k
+ Equity
Financial engagement & billing for healthcare providers
Be an early applicant
Financial engagement & billing for healthcare providers
501-1000 employees
Be an early applicant
$114.8-150k
+ Equity
501-1000 employees
Company mission
To make healthcare more affordable and accessible through its consumer-friendly platform.
Role
Who you are
- Bachelor's degree (or other relevant 4 year professional degree)
- 4 years of experience in regulatory compliance, law l, or a related field (with at least 2 years focused on healthcare regulatory compliance), with a strong preference for experience in the healthcare, payments, or fintech industry
- Excellent analytical, research, and problem-solving skills
- Strong written and verbal communication skills with the ability to explain complex legal and regulatory concepts clearly and concisely
- Detail-oriented with strong organizational and time-management skills
- Ability to work independently and as part of a team
- Juris Doctor (J.D.) degree or Master of Laws (LL.M.)
Desirable
- Certified in Healthcare Compliance (CHC) or a related certification
- Experience working within a fast-paced and dynamic startup environment, particularly in a fully remote or partially remote role
- Experience with compliance management software
- Knowledge of payment card industry data security standards (PCI DSS)
What the job involves
- Cedar is seeking a Regulatory Compliance Analyst to play a crucial role in ensuring the company's compliance with the laws and regulations governing our products and operations
- This position requires a deep passion for understanding the complex and evolving regulatory landscape impacting the consumer healthcare financial experience across the US and the ability to translate these complex regulations into plain language that business teams can understand
- The Regulatory Analyst will report directly to the Chief Compliance Officer
- HIPAA: Including the Security Rule, Privacy Rule, and Breach Notification Rule
- HITECH Act: Focusing on data security and breach notification requirements
- State privacy laws: Including those related to data security, consumer protection, and financial transactions
- Federal Trade Commission (FTC) regulations: Regarding data security and consumer protection
- State and federal laws related to billing, collections & payment processing: Including those governing data security, fraud prevention, and consumer protection
- Fintech regulations: Including those related to money transmission, data security, and consumer protection
- Conduct in-depth research and analysis of relevant healthcare laws and regulations applicable to:
- Monitor regulatory changes and assess their impact on the organization's products, services, and operations
- Maintain and update internal compliance policies and procedures to reflect changes in the regulatory landscape
- Identify and assess potential compliance risks related to patient data privacy, security, and product safety
- Develop and implement risk mitigation strategies to address identified compliance issues, including security controls, data encryption, and access controls
- Investigate and resolve compliance issues and concerns related to regulatory compliance
- Prepare and submit compliance reports to management and regulatory authorities (as required)
- Assist in responding to regulatory inquiries and investigations
- Assist in the implementation of new compliance initiatives and projects
- Manage compliance projects effectively, ensuring timely completion and adherence to project timelines
- Note: this is not an in-house counsel position, but will work closely with our legal team
Our take
Over $1 billion is said to be lost annually by physicians as a result of inefficient and disjointed healthcare billing practices. The subsequently low patient satisfaction rates lead to poorer care, and real losses for providers who see patients switching away from their plans.
Cedar looks to remedy these issues with a selection of consumer-facing services which streamline billing, insurance and healthcare processes. Healthcare billing concerns a huge percentage of US adults, so optimizing patient satisfaction is of increasing concern - a great opportunity for the company.
After acquiring competing patient finance streamlining service OODA Health in 2021, Cedar netted substantial funds and launched its Payer Intelligence Layer. This allows it to integrate data from insurers and providers to create a single source of information. The company was also endorsed by the Montana Hospital Association's shared services division, to be listed as its only preferred patient financial engagement technology.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 5 rounds)
Dec 2022
$68.4m
SERIES D
Mar 2021
$200m
SERIES D
Total funding: $394.4m
Company benefits
- Flexibility to work from home or in the office, depending on what works best for you
- Health insurance
- Offices in Manhattan, San Francisco and Salt Lake City
- Free lunch, healthy snacks, cold brew and kombucha on tap (Yup!)
- Guided-meditation and game nights (Weekly!)
- Unlimited PTO for vacation, sick and mental health days–we encourage everyone to take at least 20 days of vacation per year
- 16 weeks paid parental leave with health benefits for all parents, plus flexible re-entry schedules for returning to work
- Diversity initiatives that encourage Cedarians to bring their whole selves to work, including three employee resource groups: be@cedar (for BIPOC-identifying Cedarians and their allies), Pridecones (for LGBTQIA+ Cedarians and their allies) and Cedar Women+ (for female-identifying Cedarians)
- Equity (for qualifying roles) and health benefits that start on your first day
- 401k plan with 3% employer non-election contribution
- Access to hands-on mentorship, employee and management coaching, and a stipend for learning and development resources to help you grow both professionally and personally
Company values
- Focus on the vision: We enable an exceptional healthcare consumer financial experience through relentless focus, only prioritizing actions that advance us towards this goal
- Reject mediocrity: We solicit diverse perspectives, set high standards and constantly challenge ourselves to raise the bar on our thinking, people and performance
- Apply a growth mindset: We maintain an optimistic, constructive and resilient attitude, passionately pursuing our mission, embracing difficult problems and learning from setbacks
- Use good judgment: We require accountability, bold thinking and a reliance on common sense to prioritize and make informed decisions that reflect our convictions, integrity and core values
Company HQ
West Village, New York, NY
Articles
Leadership
Arel Lidow
(Co-Founder)Previously VP of product at AppNexus where they supervised the development and launch of the company’s flagship products. Began their career as a technology associate at Bridgewater Associates, working on trading systems for the world’s largest hedge fund.
Dr. Florian Otto
(Co-Founder & CEO)Previously an executive at Zocdoc where they drove the commercial adoption of the platform. Also founded a daily deal company in Brazil (ClubeUrbano) that was eventually acquired by Groupon. Began their business career as a strategy consultant at McKinsey & Company.
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