Patient Financial Services Supervisor Salary

The majority of Patient Financial Services Supervisors in the United States — close to three-fifths — boast more than 10 years of experience in their profession. Salaries stretch from $32K to $66K per year, and the median is $49K annually. The majority of Patient Financial Services Supervisors claim high levels of job satisfaction. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the larger part. This report is based on answers to PayScale's salary questionnaire.
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$32,808 - $71,279
(Median)
$33K
$49K
$71K
MEDIAN: $48,868
10%
50%
90%

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$14.49 - $27.16
(Median)
$14
$20
$27
MEDIAN: $20
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$24K$48K$72K
Salary
$32,808 - $71,279  
   
Bonus
$0.00 - $3,077  
Profit Sharing
$3,931  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,048 - $65,745  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 120
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$12$24$36
Hourly Rate
$14.49 - $27.16  
   
Overtime
$0.00 - $33.45  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$24K$48K$72K
Bonus
$0.00 - $3,077  
   
Profit Sharing
$3,931  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,048 - $65,745  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 64
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Job Description for Patient Financial Services Supervisor

Patient financial services supervisors work in the medical field in a hospital, clinical, or private practice environment and oversee staff who carry out billing duties and communicate with insurance companies and Medicaid to ensure that the organization is receiving maximum reimbursement.

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Patient Financial Services Supervisor Tasks

  • Ensure compliance with company polices and procedures, as well as state and federal regulations.
  • Review medical records in order to ensure accuracy of coding, fees and charges due.
  • Maintain preparation of statements and bills, resolve discrepancies in accounting records.
  • Review, evaluate and resolve billing process issues and revenue collections.
  • Supervise the day to day billing operations activities; assist in hiring, training and reviewing performance of staff.

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Patient Financial Services Supervisors usually report a few specific skills. Billing and Insurance are considered valuable skills and can increase employee pay. At the other end of the pay range are skills like Insurance.

Pay by Experience Level for Patient Financial Services Supervisor

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Patient Financial Services Supervisors with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. People who have worked for fewer than five years bring home $44K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $46K. The average pay reported by folks with 10 to 20 years of experience is around $49K. People who have worked for more than 20 years report a median income of $50K, which is barely higher than the median for folks with 10 to 20 years of experience.

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Experience Affects Patient Financial Services Supervisor Salaries

Late-Career
up arrow 5%

Experienced
up arrow 4%

National Average
$47,000

Mid-Career
up arrow 3%

Entry-Level
up arrow 6%

Skills That Affect Patient Financial Services Supervisor Salaries

Billing
up arrow 15%

National Average
$47,000

Insurance
up arrow 7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 38 votes.

Gender

Female
91 %
Male
9 %

Years of Experience

Less than 1 year
1%
1-4 years
22%
5-9 years
18%
10-19 years
42%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 78%
medical benefits
Vision: 63%
dental benefits
None: 11%
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