Patient Accounts Director salary in Iceland

Average Yearly Salary of Patient Accounts Director in Iceland is approximately 18,464,651 ISK (129,775 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Patient Accounts Director do?

A Patient Accounts Director is responsible for overseeing the financial operations of a healthcare facility. They manage the patient accounts department, ensuring accurate and timely billing, collections, and reimbursements. The director ensures compliance with healthcare regulations and policies related to billing and coding, and works closely with insurance companies and government agencies to resolve any disputes or issues. They analyze financial data and develop strategies to improve revenue cycle management, reduce denials, and increase collections. The director also leads a team of billing and coding professionals, providing training and guidance on industry best practices and updates. Excellent communication skills are essential as they collaborate with other departments, such as finance and medical records, to streamline processes and optimize revenue generation.

Skills: Patient Accounts Director, Healthcare Finance, Revenue Cycle Management, Billing and Coding, Insurance Reimbursements, Compliance
Job industry: Healthcare

How much does Patient Accounts Director make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Patient Accounts Director a well paid job?

Yes, our data show that Patient Accounts Director is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Patient Accounts Director?

High salary for Patient Accounts Director would be somewhere between 20,311,116 ISK and 26,773,744 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Patient Accounts Director in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 18,464,651 ISK
Estimated Monthly Salary: 1,538,721 ISK
Estimated Weekly Salary: 355,089 ISK per week
Estimated Hourly Salary: 8,877 ISK per hour
By working as Patient Accounts Director a person can save up to 8,086 USD per month or 97,029 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Patient Accounts Director

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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