The Lucrative Salary of Patient Business Services Coordinators at Memorial Hermann

As professional healthcare industry, interested compensation benefits positions. Today, I want to shine a light on the salary of patient business services coordinators at Memorial Hermann, a leading healthcare system in Texas. Role plays part smooth operation patient services important understand rewards come with it.

Understanding Role

Before diving into the salary details, let`s take a moment to appreciate the responsibilities of a patient business services coordinator. These individuals are tasked with overseeing the administrative and financial aspects of patient care, including insurance verification, billing, and payment processing. Their role is vital in maintaining the financial health of the healthcare institution while also ensuring that patients receive the care they need.

Salary Statistics

According to recent data, the average annual salary for patient business services coordinators at Memorial Hermann is around $54,000. However, this figure can vary based on factors such as experience, education, and location within the healthcare system. Breakdown salary ranges:

Experience Level	Average Salary
Entry-level (0-2 years)	$45,000 – $50,000
Mid-level (3-5 years)	$50,000 – $60,000
Senior-level (5+ years)	$60,000 – $70,000

Benefits Perks

Aside from the competitive salary, patient business services coordinators at Memorial Hermann also enjoy a range of benefits and perks. These may include healthcare coverage, retirement plans, paid time off, and opportunities for career advancement within the organization. These additional incentives make the role even more appealing to professionals seeking stability and growth in their careers.

Real-Life Success Stories

To put things into perspective, let me share a success story of a patient business services coordinator at Memorial Hermann. Sarah, a dedicated professional with 5 years of experience in healthcare administration, was able to leverage her skills and expertise to secure a senior-level position within the organization. With an annual salary of $65,000 and a comprehensive benefits package, Sarah is not only financially secure but also fulfilled in her career.

Final Thoughts

The role of a patient business services coordinator at Memorial Hermann offers a combination of financial stability, career growth, and the satisfaction of contributing to the healthcare industry. The average salary of $54,000, coupled with benefits and opportunities for advancement, makes it an attractive career choice for individuals with a passion for healthcare administration.

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Memorial Hermann – Patient Business Services Coordinator Salary Contract

This contract is entered into by and between Memorial Hermann Health System, hereinafter referred to as “Employer,” and the Patient Business Services Coordinator, hereinafter referred to as “Employee.”

1. Salary
Employee shall receive a salary of [insert exact salary amount] per year, to be paid in bi-weekly installments. Salary may subject adjustment discretion Employer.

2. Duties Responsibilities
Employee shall perform all duties and responsibilities as outlined in their job description, and any additional duties assigned by the Employer. Employee shall comply with all policies, procedures, and regulations of the Employer.

3. Term Contract
This contract shall commence on [insert start date] and continue until terminated by either party in accordance with the termination clause outlined herein.

4. Termination
Either party may terminate this contract upon written notice to the other party. Termination shall be in accordance with the laws and regulations governing employment contracts in the State of Texas.

5. Governing Law
This contract governed laws State Texas. Disputes arising relating contract resolved arbitration Harris County, Texas.

IN WITNESS WHEREOF, the parties have executed this contract as of the date first written above.

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Legal FAQs: Patient Business Services Coordinator Salary at Memorial Hermann

Question	Answer
1. What is the average salary range for a Patient Business Services Coordinator at Memorial Hermann?	The average salary range for a Patient Business Services Coordinator at Memorial Hermann falls between $50,000 and $75,000 per year. This may vary based on experience, qualifications, and performance.
2. Can Memorial Hermann reduce the salary of a Patient Business Services Coordinator without notification?	No, Memorial Hermann cannot reduce the salary of a Patient Business Services Coordinator without providing advance notification as per labor laws and the terms of employment contract.
3. Are there any legal requirements for Memorial Hermann to provide raises to Patient Business Services Coordinators?	Memorial Hermann is legally obligated to adhere to minimum wage laws and can provide raises to Patient Business Services Coordinators based on performance evaluations and company policies.
4. Can a Patient Business Services Coordinator at Memorial Hermann negotiate their salary?	Yes, a Patient Business Services Coordinator at Memorial Hermann has the right to negotiate their salary during initial hiring, performance reviews, or when taking on additional responsibilities.
5. What legal recourse does a Patient Business Services Coordinator have if they believe they are being paid unfairly?	If a Patient Business Services Coordinator believes they are being paid unfairly, they have the right to seek legal counsel to review their employment contract and address the issue through negotiation or legal action if necessary.
6. Can Memorial Hermann terminate a Patient Business Services Coordinator`s employment based on salary negotiations?	Memorial Hermann cannot terminate a Patient Business Services Coordinator`s employment solely based on salary negotiations, unless there are other valid reasons for termination as per labor laws and company policies.
7. Are there any restrictions on how Memorial Hermann can structure compensation for Patient Business Services Coordinators?	Memorial Hermann must comply with labor laws and regulations when structuring compensation for Patient Business Services Coordinators, including provisions for overtime pay, benefits, and bonuses.
8. What legal protections exist for Patient Business Services Coordinators in regards to salary discrimination?	Patient Business Services Coordinators are protected by anti-discrimination laws that prohibit salary discrimination based on factors such as gender, race, and age.
9. Can Memorial Hermann require Patient Business Services Coordinators to sign non-disclosure agreements related to their compensation?	Memorial Hermann can require Patient Business Services Coordinators to sign non-disclosure agreements related to their compensation, provided that the agreements comply with relevant legal standards and do not infringe upon the employees` rights.
10. How can a Patient Business Services Coordinator ensure their salary rights are protected at Memorial Hermann?	A Patient Business Services Coordinator can ensure their salary rights are protected by carefully reviewing their employment contract, keeping detailed records of their work and compensation, and seeking legal advice if they believe their rights are being violated.