Business Office Manager, Nursing Home Salary
Nursing Home Business Office Managers in the United States are largely female. The average salary of the entire group is approximately $49K annually. While the specific employer and geographic location impact pay for this group, career duration is the most influential factor. Job satisfaction is reported as high by the vast majority of workers. Health benefits are not enjoyed by everyone in this line of work, and roughly one in four lack any coverage at all. Medical benefits are reported by a strong majority and dental coverage is claimed by more than half. The figures in this rundown are based on the results of PayScale's salary questionnaire.
|Salary||$36,828 - $68,263|
|Bonus||$387.83 - $6,054|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$31,484 - $63,504|
|Hourly Rate||$13.92 - $24.88|
|Overtime||$18.25 - $31.48|
|Bonus||$387.83 - $6,054|
|Total Pay (||$31,484 - $63,504|
Job Description for Business Office Manager, Nursing Home
While elder care facilities deserve credit and respect for the services they offer, many of these facilities are either for-profit, or non-profit while needing to be run on a break-even basis. To manage these affairs, a nursing home of any size will typically employ a business office manager. This person is responsible for ensuring that the facility's bills are paid and remittances and other payments are received, as well as for the creation and ongoing management of the budget to ensure the home's financial health.Read More...
Depending on the size of the facility, business office managers typically supervise at least a small team in the day-to-day aspects of accounts payable and receivable. They must ensure that the personnel under his/her responsibility are handling this operation according to all office protocols; the office will likely have billing coders, as well, due to the large number of payments and services covered by public assistance plans, such as Medicare in the United States. The business office manager must be at least reasonably familiar with these processes and able to assess the accuracy of coding and the remittances made as a result.
This office manager will also oversee operating expenditures and constantly assess the facility's ability to reduce waste and increase efficiency without impacting resident care and experience. He/she typically approves operating budgets, supply and utility expenditures, and any repairs and/or maintenance, and is involved in submitting capital improvement bids if the nursing home is part of a larger network or hospital system.
To work as a business office manager in a nursing home, it is necessary to have education and experience in both elder care facilities and business administration. Applicants should typically have formal education in one or the other with an academic emphasis on the management of such facilities. Many in this position have practical experience working in accounting or coding in a nursing home, or perhaps have a mix of business experience and nursing care experience. These managers typically work regular business hours during the week in a clinical office environment.
Business Office Manager, Nursing Home Tasks
- Ensure proper billing and tracking of operating costs through management of office staff and policies.
- Manage employees from training to counseling, including discussing benefit programs and how to handle confidential data.
- Analyze accounts and accounts receivable, including supervising resident trust funds.
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Popular Skills for Business Office Manager, Nursing Home
Survey results suggest that Nursing Home Business Office Managers use a fairly large toolkit of professional skills. Most notably, skills in Account Management, Accounting, bill collections, and Medicaid & Medicare Billing are correlated to pay that is above average, with boosts between 9 percent and 13 percent. Skills that seem to negatively impact pay include Payroll Administration and Accounts Payable. Most people who know Accounts Receivable also know Accounts Payable and Accounting.
Pay by Experience Level for Business Office Manager, Nursing Home
Pay by Experience for a Business Office Manager, Nursing Home has a positive trend. An entry-level Business Office Manager, Nursing Home with less than 5 years of experience can expect to earn an average total compensation of $39,000 based on 132 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Business Office Manager, Nursing Home with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $48,000 based on 62 salaries. An experienced Business Office Manager, Nursing Home which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $49,000 based on 72 salaries. A Business Office Manager, Nursing Home with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $50,000 based on 35 salaries.
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