Financial Medical Systems Salary

As of August 2026, the average annual salary for employees at Financial Medical Systems in the United States is $107,073. This translates to an approximate hourly wage of $51. Salaries at Financial Medical Systems typically range from $93,853 to $121,476 annually, reflecting the diverse roles and experience levels within the company.
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Is Financial Medical Systems’s Pay Competitive? Salary Benchmarking Analysis

How does Financial Medical Systems's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
LS Holdings LLC $98,455
-8.0%
Normalized for lower cost-of-living zones where LS Holdings LLC primarily operates.
Signature Financial Partners LLC $106,862
-0.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Southside Financial Group $94,478
-11.8%
Southside Financial Group operates with a leaner overhead structure, impacting base wage offers.
Christian Financial Solutions LLC $93,234
-12.9%
Christian Financial Solutions LLC may offer non-monetary perks in lieu of competitive base salaries.
Financial Services Industry $121,514
+13.5%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Financial Medical Systems

Considering a career at Financial Medical Systems? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Feedback is constructive, and leadership remains accessible and empathetic. Working at this financial services firm has been transformative for my career. What sets this firm apart is its balance of ambition and empathy. Great work-life balance and flexible scheduling options. Collaboration is present and it is somehow encouraged beyond necessity.
A solid company with strong systems in place. Micromanagement is rare, allowing for independent work and fostering a sense of personal responsibility. The workplace culture is respectful but somewhat rigid.
I enjoy showing up to work knowing I’ll grow. The company’s commitment to diversity and inclusion is evident in its policies and everyday practices. Information flows freely in all directions. Colleagues are polite and professional. A strong emphasis on client service drives excellence. Sick time can be used for mental health. I appreciate the focus on continuous improvement. The global reach offe...
With employees, everyone is aligned in delivering exceptional service. There's a strong ethical foundation, and our financial services truly make a difference. This international perspective enriches my professional development and provides exciting opportunities to work on cross-border projects that impact clients worldwide.
I appreciate the team’s drive and professionalism. There’s a well-designed infrastructure that keeps everyone aligned. From team-building to consistent communication, they truly care about culture. Despite its strong workforce, the company fosters a dynamic and entrepreneurial environment.

Financial Medical Systems Overview

Website
www.yelp.com/biz/financial-medical-systems-hauppauge
Founded In
1985
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
55 Kennedy Dr Hauppauge New York NY 11788
Revenue
$10 Million - $50 Million
Phone Number
+1 6312324000
Social Media
About Financial Medical Systems
Financial Medical Systems (FMS) is a leading full service medical billing company that has focused exclusively on healthcare finance since 1985, employing one of the largest private medical billing teams in the Northeast. Paul Abrams, President and CEO of FMS, acquired the company in 1993. Before entering the business of outsource billing for healthcare-based institutions, Paul served as a CFO and

What Benefits Does Financial Medical Systems Offer Beyond Salary?

A competitive compensation package is more than just a salary. Financial Medical Systems offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Brentwood?

Understanding the cost of living near Brentwood is key to truly evaluating a salary offer or your current compensation at Financial Medical Systems.
Brentwood (Long Island) Cost of Living is high, approx. 130-140. Suffolk County, housing above US avg. SCT bus, LIRR access. When planning your budget based on a salary from Financial Medical Systems, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,000 - $2,800+ A significant portion of Financial Medical Systems salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation SCT/LIRR (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,500 - $5,320+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Financial Medical Systems

1. What is the typical salary range (low to high) for most roles at Financial Medical Systems?

The typical annual salary range for most roles at Financial Medical Systems is approximately from $93,853 to $121,476. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Financial Medical Systems pay compared to LS Holdings LLC?

The average annual salary at Financial Medical Systems is $107,073, or an hourly wage of $51, in comparison to LS Holdings LLC which pays $98,455 per year or $47 per hour.

3. How does experience level affect salary at Financial Medical Systems?

Experience level is a significant factor in determining salary at Financial Medical Systems, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Financial Medical Systems in Brentwood is fair given the local cost of living?

To determine if a salary offer from Financial Medical Systems in Brentwood is fair, first compare the gross salary to our data for similar roles at Financial Medical Systems and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Brentwood" to understand its purchasing power.

5. What factors influence salary increases at Financial Medical Systems?

Salary increases at Financial Medical Systems are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.