1. What is the average salary of a Business Office Director - Healthcare?
The average annual salary of Business Office Director - Healthcare is $157,559.
In case you are finding an easy salary calculator,
the average hourly pay of Business Office Director - Healthcare is $76;
the average weekly pay of Business Office Director - Healthcare is $3,030;
the average monthly pay of Business Office Director - Healthcare is $13,130.
2. Where can a Business Office Director - Healthcare earn the most?
A Business Office Director - Healthcare's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Business Office Director - Healthcare earns the most in San Jose, CA, where the annual salary of a Business Office Director - Healthcare is $197,736.
3. What is the highest pay for Business Office Director - Healthcare?
The highest pay for Business Office Director - Healthcare is $221,665.
4. What is the lowest pay for Business Office Director - Healthcare?
The lowest pay for Business Office Director - Healthcare is $111,896.
5. What are the responsibilities of Business Office Director - Healthcare?
Business Office Director - Healthcare directs the day to day activities of a hospital's business office. Responsible for admitting and registration, patient billing and collection, third-party payer relations, and preparation of insurance claims. Being a Business Office Director - Healthcare administers policies and procedures and ensures all office activities comply with hospital standards and government regulations. Ensures that patient financial matters are handled in an efficient manner. Additionally, Business Office Director - Healthcare requires a bachelor's degree. Typically reports to top management. The Business Office Director - Healthcare manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Business Office Director - Healthcare typically requires 5+ years of managerial experience.
6. What are the skills of Business Office Director - Healthcare
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.)
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
2.)
Bookkeeping: Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business. Transactions include purchases, sales, receipts, and payments by an individual person or an organization/corporation. There are several standard methods of bookkeeping, including the single-entry and double-entry bookkeeping systems. While these may be viewed as "real" bookkeeping, any process for recording financial transactions is a bookkeeping process. Bookkeeping is the work of a bookkeeper (or book-keeper), who records the day-to-day financial transactions of a business. They usually write the daybooks (which contain records of sales, purchases, receipts, and payments), and document each financial transaction, whether cash or credit, into the correct daybook—that is, petty cash book, suppliers ledger, customer ledger, etc.—and the general ledger. Thereafter, an accountant can create financial reports from the information recorded by the bookkeeper.
3.)
General Ledger: Creating and keeping track of business transactions and activities to monitor financial operations.