How much does a Business Office Director - Healthcare make in Lexington, KY? The average Business Office Director - Healthcare salary in Lexington, KY is $144,606 as of September 01, 2024, but the range typically falls between $122,671 and $175,407. 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.
What skills does a Business Office Director - Healthcare need?
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.
Mastering certain skills can make the compensation of a Business Office Director - Healthcare higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Accounting, you can get a 6% salary raise. If you are good at Business Administration, your salary will increase by 5%.If you are expert in Accounts Receivable, your salary will rise by 5%.
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Job Description for 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. (Copyright 2024 Salary.com)...
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Job Openings for Business Office Director - Healthcare
in Lexington, KY
Join Our Team at Vitality Living as a Business Office Director at Vitality Elizabethtown. At Vitality Living, we are more than just a place of work. we are...
About Us. One Medical is a primary care solution challenging the industry status quo by making quality care more affordable, accessible and enjoyable. But ...
About Us. One Medical is a primary care solution challenging the industry status quo by making quality care more affordable, accessible and enjoyable. But ...
- 3 Days Ago
Career Path for Business Office Director - Healthcare
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.
Those that have already made the climb...
Mital Patel, Executive Vice President of Financial Planning and Analysis and Chief Administrative Officer
RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States. The company operates in two segments: Imaging Centers and Artificial Intelligence. Its services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mam... More
RADNET INC
Company Description
Fiscal Year Ended in 2023
What does a Business Office Director - Healthcare do?
Business Office Director - Healthcare in Peoria, IL
Improve your market reach and gain new customers with the comprehensive, high performing Business Office Directors Email Lists and Mailing Lists.
February 14, 2020
Business Office Director - Healthcare in Springfield, OR
Advanced computer skills including Microsoft Office; especially Word, Excel, and PowerPoint.
February 06, 2020
Business Office Director - Healthcare in Vincennes, IN
Minimum of five years of Healthcare Accounts Payable experience preferably in a lead or supervisor role.
Business Office Director - Healthcare Pay Difference by Location
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.
Lexington, consolidated with Fayette County and often denoted as Lexington-Fayette, is the second-largest city in Kentucky and the 60th-largest city in the United States. By land area, Lexington is the 28th largest city in the United States. Known as the "Horse Capital of the World," it is the heart of the state's Bluegrass region. It has a nonpartisan mayor-council form of government, with 12 council districts and three members elected at large, with the highest vote-getter designated vice mayor. In the 2017 U.S. Census Estimate, the city's population was 321,959, anchoring a metropolitan are...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
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Browse Related Job Categories With Business Office Director - Healthcare
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Business Office Director - Healthcare salary varies from category to category.
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Take just three simple steps below to generate your own personalized salary report
Step 1 of 3
Understand the total compensation opportunity for a Business Office Director - Healthcare, base salary plus other pay elements
Average Base Salary
Core compensation
 
 
 
122671
175407
144606
Average Total Cash Compensation
Includes base and annual incentives
 
 
 
129120
183766
151997
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Business Office Director - Healthcare in Lexington, KY. The base salary for Business Office Director - Healthcare ranges from $122,671 to $175,407 with the average base salary of $144,606. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $129,120 to $183,766 with the average total cash compensation of $151,997.
About Lexington, Kentucky Lexington, consolidated with Fayette County and often denoted as Lexington-Fayette, is the second-largest city in Kentucky and the 60th-largest city i....More