Home > Salary > Latvia > Director Of Revenue Cycle Management
The Director of Revenue Cycle Management is responsible for overseeing and managing all aspects of the revenue cycle process within an organization. This includes ensuring the accurate and timely billing and collection of payments, optimizing revenue and cash flow, and implementing strategies to improve overall financial performance. They work closely with other departments such as finance, billing, coding, and compliance to ensure that all revenue cycle operations are efficient and compliant with industry regulations.
The role requires strong leadership and analytical skills, as well as a deep understanding of revenue cycle management principles and best practices. The Director of Revenue Cycle Management must stay up to date with changes in healthcare regulations and reimbursement policies to develop effective revenue cycle strategies. They also play a crucial role in identifying areas for process improvement and implementing technology solutions to streamline revenue cycle operations.
Estimated Yearly Salary: 42,398 EUR
Estimated Monthly Salary: 3,533 EUR
Estimated Weekly Salary: 815 EUR per week
Estimated Hourly Salary: 20 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,418 EUR
Estimated Weekly Salary: 789 EUR per week
Estimated Hourly Salary: 20 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 42,286 USD
Estimated Monthly Salary: 3,524 USD
Estimated Weekly Salary: 813 USD per week
Estimated Hourly Salary: 20 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 42,398 EUR
Estimated Monthly Salary: 3,533 EUR
Estimated Weekly Salary: 815 EUR per week
Estimated Hourly Salary: 20 EUR per hour
By working as Director Of Revenue Cycle Management a person can save up to 2,664 USD per month or 31,966 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.
Estimated Yearly Salary for Director Of Revenue Cycle Management
Last revision of data: 2025-01-04
Data as of 2025
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Director Of Revenue Cycle Management salary in Latvia
Average Yearly Salary of Director Of Revenue Cycle Management in Latvia is approximately 42,398 EUR (42,286 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 Director Of Revenue Cycle Management do?
The Director of Revenue Cycle Management is responsible for overseeing and managing all aspects of the revenue cycle process within an organization. This includes ensuring the accurate and timely billing and collection of payments, optimizing revenue and cash flow, and implementing strategies to improve overall financial performance. They work closely with other departments such as finance, billing, coding, and compliance to ensure that all revenue cycle operations are efficient and compliant with industry regulations.
The role requires strong leadership and analytical skills, as well as a deep understanding of revenue cycle management principles and best practices. The Director of Revenue Cycle Management must stay up to date with changes in healthcare regulations and reimbursement policies to develop effective revenue cycle strategies. They also play a crucial role in identifying areas for process improvement and implementing technology solutions to streamline revenue cycle operations.
Skills: Revenue Cycle Management, Healthcare Finance, Billing and Collections, Financial Performance, Compliance, Process Improvement
Job industry: Healthcare
Job industry: Healthcare
How much does Director Of Revenue Cycle Management make?
Salary details
How much does Director Of Revenue Cycle Management make?Estimated Yearly Salary: 42,398 EUR
Estimated Monthly Salary: 3,533 EUR
Estimated Weekly Salary: 815 EUR per week
Estimated Hourly Salary: 20 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 41,011 EUREstimated Monthly Salary: 3,418 EUR
Estimated Weekly Salary: 789 EUR per week
Estimated Hourly Salary: 20 EUR per hour
Last revision of data: 2024-01-03Director Of Revenue Cycle Management estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 42,286 USD
Estimated Monthly Salary: 3,524 USD
Estimated Weekly Salary: 813 USD per week
Estimated Hourly Salary: 20 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
Latvia is a country located in Northern Europe, bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast. It has a population of approximately 1.9 million people and covers an area of about 64,589 square kilometers.
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Director Of Revenue Cycle Management job salary compared to average salary in Latvia.
Comparison shows that a person working as Director Of Revenue Cycle Management in Latvia earns on average:
2.17 times the average salary (or 217% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Director Of Revenue Cycle Management job salary compared to average salary in Latvia.
Comparison shows that a person working as Director Of Revenue Cycle Management in Latvia earns on average:
2.17 times the average salary (or 217% of average salary).
Is Director Of Revenue Cycle Management a well paid job?
Yes, our data show that Director Of Revenue Cycle Management 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 Director Of Revenue Cycle Management?
High salary for Director Of Revenue Cycle Management would be somewhere between 46,638 EUR and 61,477 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Director Of Revenue Cycle Management 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: 42,398 EUR
Estimated Monthly Salary: 3,533 EUR
Estimated Weekly Salary: 815 EUR per week
Estimated Hourly Salary: 20 EUR per hour
By working as Director Of Revenue Cycle Management a person can save up to 2,664 USD per month or 31,966 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 Director Of Revenue Cycle Management
Estonia is 54,493 USD
Russia is 25,389 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Latvia
(224,317 EUR per year, pre-tax.)
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4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
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6. Urologist
(170,871 EUR per year, pre-tax.)
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(169,943 EUR per year, pre-tax.)
Data as of 2025Random salary:
Director of buildings and grounds (23,087 EUR per year, pre-tax.)
Is security manager (32,847 EUR per year, pre-tax.)
Sky cap (8,609 EUR per year, pre-tax.)
Logistics management specialist (29,780 EUR per year, pre-tax.)
Land surveyor supervisor (26,608 EUR per year, pre-tax.)
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