Business Office Director Hospital salary in Latvia

Average Yearly Salary of Business Office Director Hospital in Latvia is approximately 33,136 EUR (33,326 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 Business Office Director Hospital do?

A Business Office Director in a hospital is responsible for overseeing the administrative and financial operations of the hospital's business office. They manage a team of staff members, including billing and coding specialists, insurance coordinators, and financial counselors, ensuring smooth functioning of the office. The Business Office Director develops and implements policies and procedures to ensure accurate billing, timely collections, and efficient financial processes. They collaborate with other departments to resolve billing issues, address insurance inquiries, and ensure compliance with regulatory requirements. Additionally, they analyze financial data, prepare reports, and make recommendations for improvement in revenue cycle management.

Skills: Business Office Director, Hospital Administration, Financial Operations, Revenue Cycle Management, Billing and Coding, Insurance Coordination.
Job industry: Healthcare

How much does Business Office Director Hospital make?

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


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Salary comparison to National average

Is Business Office Director Hospital a well paid job?

Yes, our data shows that Business Office Director Hospital is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Business Office Director Hospital?

High salary for Business Office Director Hospital would be somewhere between 36,450 EUR and 48,047 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Business Office Director Hospital in Latvia?

Living in Latvia the approximate monthly expenses are: 860 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: 33,136 EUR
Estimated Monthly Salary: 2,761 EUR
Estimated Weekly Salary: 637 EUR per week
Estimated Hourly Salary: 16 EUR per hour
By working as Business Office Director Hospital a person can save up to 1,917 USD per month or 23,006 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 Latvia, see costs of living in Latvia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Estonia, Russia, Belarus, Lithuania..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Business Office Director Hospital

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.

Top 10 highest salaries in Latvia

Data as of 2025

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