A Residency Coordinator is a healthcare professional who is experienced in running an assisted living or residential care facility.
Assisted living facilities house patients who are receiving long term care such as retired seniors or individuals who are unable to take care of themselves.
These professionals use their medical and administrative backgrounds in order to ensure that a facility is running smoothly and residents are receiving the best medical care.
Individuals who want to become a Residency Coordinator will need a combination of personals skills and educational requirements in order to enter this profession.
Many individuals in this profession hold a Registered Nurse license.
Other recommended skills include: interpersonal skills, management and organization skills.
Education Requirements to Become a Residency Coordinator
Individuals who want to become a Residency Coordinator will need to complete an undergraduate degree, gain experience in the healthcare field and secure a license to be able to work with patients.
Individuals are encouraged to study a degree focused in the medical industry.
Many individuals who currently work in this profession are licensed Registered Nurses (RN) and have completed the requirements to work in this profession.
Individuals who want to become a Residency Coordinator have the option of completing an associate’s, a bachelor’s or master’s degree in order to enter this profession.
Individuals with higher levels of education have better career prospects when seeking jobs.
Many employers seek candidates who have been certified as a Registered Nurse.
In addition, these professionals also have at least two years of experience in the medical field.
To become a Registered Nurse, individuals have the option to complete an associate’s, a bachelor’s degree or a master’s degree in order to enter this field.
Individuals can complete an associate’s degree in nursing (ADN), purse a diploma from an accredited nursing program or attain a bachelor’s of science in nursing (BSN) to enter this field.
ADN and diploma programs typically take 2 to 3 years while a BSN takes approximately 4 years to complete.
After completing a degree and gaining clinical experience, individuals must then become certified in order to practice as a Registered Nurse.
Individuals will then need an additional two year of experience working in the medical field in order to become a Residency Coordinator.
Residency Coordinator Job Description
Residency Coordinators are responsible for managing an assisted living facility that houses individuals who are unable to reside on their own.
This type of facility can include individuals who are retired and seniors as well as those who have been diagnosed with an illness or disease that affects their ability to care for themselves.
Residency Coordinators use a combination of skills and experience to not only manage an assisted care facility, but also use their medical background to provide medical administration for their residents.
Some day to day responsibilities may include the following:
- Ensure the facility is running smoothly
- Manage staff providing healthcare services to patients
- Employ and train new staff
- Ensure residents are receiving medical care
- Administrative work including billing and medical records
Residency Coordinator Salary and Career Path
There are no exact salary details for the Residency Coordinator field; however, there is data for the closely related field of Registered Nurse.
In 2012, the median salary for Registered Nurses, was approximately $65,470 per year.
Exact wages will depend on a variety of factors including geographical location, years of experience and industry.
Yearly salaries for Patient Care Coordinators, another term used for Residency Coordinators, can range from $28,660 to $68,533.
The job outlook for the healthcare profession is expected to grow at a faster than average rate when compared to other professions.
Job opportunities for the Registered Nurse profession are expected to grow by 19 percent through the year 2022.
This is attributed to the expansion of healthcare coverage and the aging population that is expected to live longer than previous generations.
Residency Coordinators play a vital part in assuring a living assisted and residency facility is running smoothly, efficiently and according to health laws.
These professionals use a variety of skills including their medical background treating patients and interpersonal skills to manage the facility itself and assisting patients residing in the facility.
Frequently Asked Questions
What is a residency coordinator?
Residency coordinators are healthcare professionals who run assisted living facilities and perform a variety of administrative duties to ensure that the patients receive the best care possible.
Assisted living facilities typically house individuals who need long term care or people who can no longer care for themselves.
These types of living facilities are usually managed by persons who have medical and administrative experience.
Residency coordinators typically need a variety of qualities, including compassion, leadership, and communication skills.
How much does a residency coordinator make?
Residency coordinators are typically registered nurses or other healthcare professionals who also have administrative experience.
According to the Bureau of Labor Statistics, the median annual wage for registered nurses, in general, was $71,730 as of May 2018.
Salaries in this field vary based on a wide range of factors and experienced registered nurses who also have administrative duties can make more than $100,000 a year.
How much does it cost to become a residency coordinator?
Registered nurses typically need at least an associate’s degree or a diploma in nursing but those who want to hold administrative or management positions will typically need a bachelor’s degree.
If you want to become a residency coordinator, in order to have the best job prospects you should start your training with a bachelor’s degree program in nursing.
These types of programs can usually be completed in around 4 years and can cost anywhere between less than $40,000 and more than $100,000 year, depending on the school you choose.
To be allowed to work with patients, you will also need a license, which means that you have to pass the National Council Licensure Examination (NCLEX-RN) after finishing your schooling.
The cost to take the NCLEX-RN is $200.
What is the demand for residency coordinators?
The Bureau of Labor Statistics doesn’t record specific data about residency coordinators, but overall employment of registered nurses, in general, is expected to grow 12 percent from 2018 to 2028.
As the population ages, the demand for assisted living homes and residential care facilities is expected to grow and nurses who specialize in working with the elderly should have better job prospects.
Holding a bachelor’s degree in nursing and having several years of experience in the field can give you better chances of finding employment as a residency coordinator.
How long does it take to become a residency coordinator?
Assisted living facilities are typically managed by people who have training and experience in healthcare.
Most long term care facilities are run by registered nurses with several years of experience in caring for the elderly.
So, if you want to run an assisted living facility the first step is to become a licensed registered nurse.
Registered nurses need an associate’s degree, diploma or bachelor’s degree in nursing.
Associate’s degree programs in nursing can be completed in around 2-3 years while bachelor’s degree programs are 4-years-long.
After finishing your schooling the next step is to sit for the NCLEX-RN exam and to gain your state license.
Registered nurses who hold a management or administrative position usually have several years of work experience.
In conclusion, you will need at least 6 years of training and experience before being ready to work as a residency coordinator.