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The graph below is a comparison of salary data for 10 jobs in Severna Park, Maryland, as provided by the free SalaryExpert® Salary Report and Salary Calculator. If you are a professional who requires compensation survey data for your work please consult ERI Economic Research Institute's Salary Assessor.

Patient Financial Services Director:
Plans and directs business office operations of the medical facility to ensure that revenue management functions meet customer and organizational requirements. Plans and directs business office operations to include such functions as admitting, patient registration, billing, collections, and insurance claims.... [+] More

Patient Financial Services Director:
Plans and directs business office operations of the medical facility to ensure that revenue management functions meet customer and organizational requirements. Plans and directs business office operations to include such functions as admitting, patient registration, billing, collections, and insurance claims. Typically requires a college degree in business and related managerial experience.

Assists in coordinating and maintaining patient financial services programs to ensure compliance with current payments, rules, and regulations that impact the medical center and/or physician's billing and collections process. Monitors and ensures compliance with Medicare and Medicaid documentation guidelines. Monitors and evaluates current reimbursement/payment rules and ensures that legislative and regulatory changes impacting medical billing are anticipated and communicated to the clinical faculty, staff, and departmental billing personnel. Develops techniques for effective analyses of billing and collections efforts. Oversees resolution of third party denials and assists with reimbursement appeals and problems. Prepares financial reports and analyses to show progress or adverse trends and makes appropriate recommendations or conclusions. Assists in identification of new technologies that will improve departmental operations. Develops departmental strategies to meet cash projection formulas, reduce days in Accounts Receivable, and reduce denials. Ensures compliance with State and Federal law, compliance plans, HIPAA, and JCAHO guidelines. Prepares and manages the departmental budget. Hires, develops, and motivates a qualified Patient Financial Services staff. May provide assistance to physicians in determining appropriate use of codes for maximizing reimbursement of physician services. (Source: eDOT Job Description) [-] Less

A renter's cost of living for someone making $131,275 in Severna Park, Maryland is 107.7% of the US National Average. For more information, or to compare cost of living data between two cities, click here.

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Patient Care Executive, Patient Billing Manager, Patient Relations Director, Patient Accounts Supervisor, Patient Registrar, Patient Education Coordinator, Patient Placement Coordinator, Patient Representative, Patient Safety Sitter, Patient Transporter, Medicare Patient Representative, Patient Accounts Representative, Patient Appointment Clerk, Director of Financial Reporting, Financial Analysis Director, Director Financial Analysis, Financial Responsibility Division Director, Director Financial Aid & Placements

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