Director of Reimbursement Salary
Directors of Reimbursement in the United States can expect to earn a very comfortable salary, with average salaries (in the ballpark of $102K) surpassing six figures annually. Geographic location is the biggest factor affecting pay for this group, followed by experience level. Most Directors of Reimbursement like their work and job satisfaction is high. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. This snapshot results from replies to PayScale's salary survey.
|Salary||$58,934 - $154,222|
|Bonus||$1,987 - $30,234|
|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).)
|$59,539 - $168,883|
Job Description for Director of Reimbursement
Directors of reimbursement are responsible for coordinating all reimbursement tasks for their organizations, as well as reviewing documents, maintaining financial information, and analyzing reimbursement options. Strong interpersonal skills are important in this position to lead and motivate groups of staff members, and they also communicate with financial managers and accountants to share information regarding reimbursement statuses.Read More...
Directors of reimbursement participate in company meetings to suggest new ways to improve reimbursement processes and use a personal computer to review reports, create budgets, analyze applications, and communicate with clients. They may create presentations and present their findings and progress to executives within the organization and typically work in an office setting during regular business hours. They must follow strict financial regulations and pay close attention to detail to minimize paperwork errors, and they may also manage and track checks, verify auditing risks, conduct research opportunities, and review revenue streams and cash-flows. They should work well with other managers to achieve goals in a timely manner, and they also sign contracts after negotiations and use spreadsheet software to run risk calculations. They also assist government agencies with compliance requests and other regulations.
A bachelor's degree in accounting, business administration, or a related field is generally required for this position, and prior experience in the field is highly beneficial. Industry certifications are also helpful.
Director of Reimbursement Tasks
- Develop and implement reimbursement strategy for the organization.
- Direct efforts to create and disseminate educational materials on coding and billing guides.
- Prepare and Analyze cost reports to maximize revenues.
- Oversee reimbursment departmental staff operations including business planning and budget development.
Director of Reimbursement Job Listings
Pay by Experience Level for Director of Reimbursement
Pay by Experience for a Director of Reimbursement has a positive trend. An entry-level Director of Reimbursement with less than 5 years of experience can expect to earn an average total compensation of $88,000 based on 7 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Director of Reimbursement with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $87,000 based on 12 salaries. An experienced Director of Reimbursement which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $97,000 based on 65 salaries. A Director of Reimbursement with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $114,000 based on 43 salaries.
Related Job Salaries
Key Stats for Director of Reimbursement
Rated 5 out of 5
based on 15 votes.