As of August 01, 2026, the average salary for a Patient Financial Advisor in the United States is $38,690 per year, which breaks down to an hourly rate of $19.
However, a Patient Financial Advisor's salary can vary significantly. Here’s a look at the typical salary range:
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A Patient Financial Advisor's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education, and company size can directly affect your earning potential.
Experience is a primary driver of a Patient Financial Advisor's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Patient Financial Advisor | $37,968 |
| Intermediate Level Patient Financial Advisor | $38,033 |
| Senior Level Patient Financial Advisor | $39,003 |
| Specialist Level Patient Financial Advisor | $40,759 |
| Expert Level Patient Financial Advisor | $40,884 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Patient Financial Advisors. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Customer Service | 6.81% |
| Financial Counseling | 3.81% |
| Psychiatric | 2.19% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Group Counseling
|
$50,297 |
30%
|
|
Treatment Planning
|
$45,654 |
18%
|
|
Analysis
|
$45,654 |
18%
|
|
Clinical Supervision
|
$44,107 |
14%
|
|
Initiative
|
$42,559 |
10%
|
|
Dedication
|
$42,559 |
10%
|
Patient Financial Advisor salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $41,039. While startup companies pay approximate $34,971.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $34,971 |
| Growth Stage | 51~500 | $36,917 |
| Established | 501~5000 | $39,697 |
| Enterprise | 5000+ | $41,039 |
For Patient Financial Advisor roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Healthcare, offers compensation 20% above the average. Conversely, Patient Financial Advisor positions in Edu., Gov't. & Nonprofit typically offer lower base pay, as this sector often view Patient Financial Advisor as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Healthcare | $46,428 | $22.0 | 20% |
Your level of education can impact your salary potential. While many Patient Financial Advisors enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Patient Financial Advisor with a High School Diploma or Technical Certificate is between $41,575 and $44,278).
Patient Financial Advisor Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.3% |
| High School | 29.4% |
| Associates | 22.7% |
| Bachelors | 34.8% |
| Masters | 11.7% |
| Doctorate | 1.0% |
Understanding how a Patient Financial Advisor's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on August 01, 2026For a Patient Financial Advisor, the most direct path to higher earnings is advancing to the Insurance Verification Specialist II role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $49,500 - a projected growth of 28% over your current level.
Salaries for a Patient Financial Advisor can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $49,059 in 2023 to around $47,661 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Patient Financial Advisor salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $49,059 |
| 2024 | $48,832 |
| 2025 | $47,661 |
| 2026 |
View More
|
| 2027 |
View More
|
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The Healthcare industry offers the highest average compensation for Patient Financial Advisor roles, with salaries approximately 20% above the market median.
Financial advisors' earnings can vary widely based on their fee structure and client base. For a Patient Financial Advisor, salaries typically range from $39,690 to $49,590, with a midpoint of $44,390. This reflects the diverse ways advisors charge for their services, including asset-based fees, which can average between 0.59% and 1.18%.
Most financial advisors are compensated through flat fees or commissions. A fee-only financial advisor receives a set rate for their services, rather than earning commissions on products sold. Salaries for Patient Financial Advisors typically range from $39,690 to $49,590, with a midpoint of $44,390, reflecting their expertise and the value they provide to clients.
Clients do pay financial advisors for their expertise, typically through fees. For instance, a client might incur a 1% advisor fee and a 1% product fee, totaling 2%. This structure ensures that all parties involved in the transaction are compensated fairly. The salary range for a Patient Financial Advisor is between $39,690 and $49,590, reflecting their valuable role in financial guidance.
As a Patient Financial Advisor, salaries range from $39,690 to $49,590, with a midpoint of $44,390. While top financial advisors can earn significantly more, reaching $300K typically requires advanced qualifications and experience, placing them in the top income bracket.
To become a Patient Financial Advisor, a high school diploma is required, though an associate or bachelor's degree is preferred. Relevant medical office experience is highly beneficial. The salary for this role typically ranges from $39,690 to $49,590, with a median salary of $44,390, reflecting the importance of expertise in navigating patient financial matters.
Financial Advisors in the US typically earn between $39,690 and $49,590 annually, with a median salary of around $44,390. This translates to approximately $19.09 to $23.83 per hour, or about $764 to $1,032 per week. The salary can vary based on experience, location, and specific job responsibilities.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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