How much does a Business Office Director - Healthcare make in Covington, MI? The average Business Office Director - Healthcare salary in Covington, MI is $147,093 as of September 01, 2024, but the range typically falls between $124,782 and $178,425. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Business Office Director - Healthcare Salary | $104,468 | Covington,MI | September 01, 2024 |
25th Percentile Business Office Director - Healthcare Salary | $124,782 | Covington,MI | September 01, 2024 |
50th Percentile Business Office Director - Healthcare Salary | $147,093 | Covington,MI | September 01, 2024 |
75th Percentile Business Office Director - Healthcare Salary | $178,425 | Covington,MI | September 01, 2024 |
90th Percentile Business Office Director - Healthcare Salary | $206,950 | Covington,MI | September 01, 2024 |
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.
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
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.
General Ledger: Creating and keeping track of business transactions and activities to monitor financial operations.
Skill | Salary | Demand |
---|---|---|
Accounting
|
$155,919 |
6%
|
Business Administration
|
$154,448 |
5%
|
Accounts Receivable
|
$154,448 |
5%
|
Accounts Payable
|
$152,977 |
4%
|
Office Management
|
$152,977 |
4%
|
Organizational Skills
|
$152,977 |
4%
|
What Should I Pay?
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. (Copyright 2024 Salary.com)... View full job description
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A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Business Office Director - Healthcare, the first career path typically progresses to Top Business Office Executive - Healthcare.
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Business Office Director - Healthcare salary varies from city to city. Compared with national average salary of Business Office Director - Healthcare, the highest Business Office Director - Healthcare salary is in San Francisco, CA, where the Business Office Director - Healthcare salary is 25.0% above. The lowest Business Office Director - Healthcare salary is in Miami, FL, where the Business Office Director - Healthcare salary is 3.5% lower than national average salary.
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Jobs with different levels of education may pay very differently. Check the Business Office Director - Healthcare salary of your education level.
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About Covington, Michigan Covington is an unincorporated community in Covington Township of Baraga County in the U.S. state of Michigan. It is located along U.S. Route 141 nea....More
Covington, Michigan area prices were up 1.3% from a year ago View the Cost of Living in Covington, Michigan
Business Office Director - Healthcare Salary in popular cities: Detroit, Grand Rapids, Warren
Skills associated with Business Office Director - Healthcare: Hospital Admitting, Health Insurance Verification, Billing Software, Medical Practice Management Software ...More
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