HFMA Executive Survey: Self Pay and the Benefits of Prospective Patient Engagement
HFMA researchers—with sponsorship from Parallon―surveyed senior finance executives and revenue cycle leaders to learn about their organizations' self-pay processes and patient financial engagement efforts. Survey findings paint a picture of the current state of patient collections and reveal key areas for improvement, including pre-service pricing, automation, and presumptive charity care.
Vice President of Revenue Cycle
Average Cash Compensation $ 287,600
Vice President of Finance
Average Cash Compensation $ 269,200
Director/Manager of Reimbursement
Average Cash Compensation $ 127,000
Director/Manager of Patient Financial Services
Average Cash Compensation $ 113,000
Director/Manager of Managed Care
Average Cash Compensation $ 134,900
Director/Manager of Finance
Average Cash Compensation $ 127,600
Director/Manager of Decision Support
Average Cash Compensation $ 126,200
Director/Manager of Accounting
Average Cash Compensation $ 112,700
Controller
Average Cash Compensation $ 123,900