How much does a Risk Management Director - Healthcare make in Sturgis, MS? The average Risk Management Director - Healthcare salary in Sturgis, MS is $130,825 as of August 27, 2024, but the range typically falls between $115,246 and $149,080. 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 Risk Management Director - Healthcare Salary | $101,061 | Sturgis,MS | August 27, 2024 |
25th Percentile Risk Management Director - Healthcare Salary | $115,246 | Sturgis,MS | August 27, 2024 |
50th Percentile Risk Management Director - Healthcare Salary | $130,825 | Sturgis,MS | August 27, 2024 |
75th Percentile Risk Management Director - Healthcare Salary | $149,080 | Sturgis,MS | August 27, 2024 |
90th Percentile Risk Management Director - Healthcare Salary | $165,700 | Sturgis,MS | August 27, 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.
Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.
Risk Assessment: Broadly speaking, a risk assessment is the combined effort of: identifying and analyzing potential (future) events that may negatively impact individuals, assets, and/or the environment (i.e. risk analysis); and making judgments "on the tolerability of the risk on the basis of a risk analysis" while considering influencing factors (i.e. risk evaluation).Put in simpler terms, a risk assessment analyzes what can go wrong, how likely it is to happen, what the potential consequences are, and how tolerable the identified risk is. As part of this process, the resulting determination of risk may be expressed in a quantitative or qualitative fashion. The risk assessment is an inherent part of an overall risk management strategy, which attempts to, after a risk assessment, "introduce control measures to eliminate or reduce" any potential risk-related consequences.
Business Administration: It is the management of all aspects of a business's performance, decisions, and organization. It includes the day to day operations, aspects including finances and human resources, and ensures the company stays aligned to the goal or mission.
Skill | Salary | Demand |
---|---|---|
Presentation
|
$138,674 |
6%
|
Data Analysis
|
$136,058 |
4%
|
Written Communication
|
$134,750 |
3%
|
Collaboration
|
$133,441 |
2%
|
Leadership
|
$132,133 |
1%
|
Initiative
|
$132,133 |
1%
|
What Should I Pay?
Risk Management Director - Healthcare develops and administers risk management programs. Creates and modifies policies to comply with safety legislation, the Joint Commission, HIPAA, and industry practices. Being a Risk Management Director - Healthcare coordinates and develops hospital-wide programs for quality patient care and risk-free services. Acts as the liaison to attorneys, insurance companies, and individuals. Additionally, Risk Management Director - Healthcare investigates any incidences that may result in an asset loss. Oversees insurance designed to protect the health system from loss. Collects information related to the claims and lawsuits made against the health system. Requires a bachelor's degree. Typically reports to senior management. The Risk Management Director - Healthcare typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Risk Management Director - Healthcare typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)... View full job description
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Risk Management Director - Healthcare salary varies from city to city. Compared with national average salary of Risk Management Director - Healthcare, the highest Risk Management Director - Healthcare salary is in San Francisco, CA, where the Risk Management Director - Healthcare salary is 25.0% above. The lowest Risk Management Director - Healthcare salary is in Miami, FL, where the Risk Management 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 Risk Management Director - Healthcare salary of your education level.
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About Sturgis, Mississippi Sturgis is a town in Oktibbeha County, Mississippi. The population was 206 at the 2000 census. Sturgis annually hosts "THE RALLY", an all-bike motorcy....More
Sturgis, Mississippi area prices were up 1.2% from a year ago View the Cost of Living in Sturgis, Mississippi
Risk Management Director - Healthcare Salary in popular cities: Jackson, Gulfport, Hattiesburg
Skills associated with Risk Management Director - Healthcare: Operational Policy Development, JCAHO Standards Compliance, HIPAA Compliance, Risk Management
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