1. What is the average salary of a Business Office Manager - Healthcare?
The average annual salary of Business Office Manager - Healthcare is $82,098.
In case you are finding an easy salary calculator,
the average hourly pay of Business Office Manager - Healthcare is $39;
the average weekly pay of Business Office Manager - Healthcare is $1,579;
the average monthly pay of Business Office Manager - Healthcare is $6,841.
2. Where can a Business Office Manager - Healthcare earn the most?
A Business Office Manager - 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 Manager - Healthcare earns the most in San Jose, CA, where the annual salary of a Business Office Manager - Healthcare is $103,032.
3. What is the highest pay for Business Office Manager - Healthcare?
The highest pay for Business Office Manager - Healthcare is $105,670.
4. What is the lowest pay for Business Office Manager - Healthcare?
The lowest pay for Business Office Manager - Healthcare is $61,991.
5. What are the responsibilities of Business Office Manager - Healthcare?
Business Office Manager - Healthcare oversees day to day activities of one or more functions within a hospital's business office. Responsible for admitting and registration, patient billing and collection, third-party payer relations, and/or preparation of insurance claims. Being a Business Office Manager - Healthcare ensures activities comply with hospital standards and government regulations. May also be responsible for the patient admitting function. Additionally, Business Office Manager - Healthcare generates budgets, financial statements, and various reports. Requires a bachelor's degree. Typically reports to the head of a unit/department. The Business Office Manager - Healthcare manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a Business Office Manager - Healthcare typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required.
6. What are the skills of Business Office Manager - 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.)
Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period