Medical Practice Manager Salary in Silver Spring, Maryland

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Average Salary for Medical Practice Manager in Silver Spring, Maryland

The average salary of a(n) Medical Practice Manager in Silver Spring, Maryland is $117,845.

The average hourly rate of a(n) Medical Practice Manager in Silver Spring, Maryland is $56.66.

The average bonus of a(n) Medical Practice Manager in Silver Spring, Maryland is $7,189.00.

Job Description:

Manages and oversees the daily operations of the medical practice. Hires, trains, fires, and manages, handling the revenue cycle, credentialing, and contract negotiations. Serves as the overall business manager and liaison to the physicians. Troubleshoots problems and develops recommendations for resolution. Monitors staff performance and facilitates effective teamwork. Manages new and existing managed care contracts. Prepares and analyzes financial and practice activity reports. Assists in marketing and expansion related issues. Performs, supervises, coordinates, and/or monitors the work activity related to patient injuries, self-pay collections, and payment posting. Oversees the annual operating budget and develops business goals. Approves vendor lists and processes procurement items for the physician office. Acts as liaison with landlord and real estate services resolving issues/concerns with property/facility. Submits accurate and timely payroll information. Processes all accounts payable information. Performs administrative duties to ensure the efficiency of the office practice. Identifies, establishes, and evaluates quality assurance and compliance within the office practice, in keeping with the hospital policy and procedures. Less

Manages and oversees the daily operations of the medical practice. Hires, trains, fires, and manages, handling the revenue cycle, credentialing, and contract negotiations. Serves as the overall business manager and liaison to the physicians. Troubleshoots problems and develops recommendations for... More

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