How much does a Financial Clearance Specialist make? The average Financial Clearance Specialist salary is $48,137 as of October 28, 2020, but the salary range typically falls between $42,133 and $55,026. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary range for an Financial Clearance Specialist
$42,133 to $55,026
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What does a Financial Clearance Specialist do?
Financial Clearance Specialist
Performs medical necessity checks as necessary for scheduled services, communicates options to patient if appointment fails.
January 12, 2020
Communicates with patients to ensure their understanding of their payment obligations and the necessary steps to meet those obligations while maintaining a positive patient experience.
February 12, 2020
Demonstrate departmental desire to provide community benefits by way of charitable events or contribution outside the four walls of the department.
February 19, 2020
Understands clinical guidelines for payers requiring authorization to better build cases for authorization requests and provide feedback to clinical departments on required notes.
March 31, 2020
Requires an in-depth knowledge of the referral/authorization processes and insurance stipulations that may affect the services provided.
April 25, 2020
Maintains open communication with ordering/performing Physician offices and Specialty Clinics whenever clinical clarification is require.
May 19, 2020
Provides professional and constructive environment for communication across units/departments and resolves operational issues.
May 25, 2020
Financial Clearance Specialist Salary in Major Cities
This chart shows the salary comparison for Financial Clearance Specialist between major cities. San Francisco City consistently ranks #1 as of October 28, 2020. Click on the chart to see the detail salary data for Financial Clearance Specialist in each city.
Financial Clearance Specialist Salary by State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
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- Kentucky
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- Maryland
- Maine
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- Montana
- North Carolina
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- New Hampshire
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- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Financial Clearance Specialist Salary by City
Click to see the salary for Financial Clearance Specialist in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $60,171 |
| Washington, DC | $53,586 |
| Miami, FL | $46,861 |
| Chicago, IL | $51,068 |
| Boston, MA | $54,235 |
| New York, NY | $57,908 |
| Dallas, TX | $47,824 |
If you'd like know Financial Clearance Specialist Salary in other cities, then please select a city in
Average Salary Range for Financial Clearance Specialist
Average Base Salary
Core compensation
42133
55026
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Financial Clearance Specialist in 2020?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Financial Clearance Specialist in the United States. The base salary for Financial Clearance Specialist ranges from $42,133 to $55,026 with the average base salary of $48,137. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $42,423 to $55,102 with the average total cash compensation of $48,353.
View Average Salary for Financial Clearance Specialist as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $48,137 | $42,133 - $55,026 |
| Bonus | $217 | $290 - $76 |
| Total Pay | $48,353 | $42,423 - $55,102 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Estimate Salary for Financial Clearance Specialist online for free
Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Financial Clearance Specialist, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
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Comments about Financial Clearance Specialist
What's the difference between Financial Specialist and Financial Clearance Specialist?
According to our latest salary estimation on October 28, 2020. The average salary of Financial Clearance Specialist is $48,137, and the average salary of Financial Specialist is $47,701. The average salary of Financial Specialist is lower than Financial Clearance Specialist. ( 2020-10-28 salary.com )
I am a Financial Clearance Specialist, which location’s salary is higher, Barnstable, MA or New Britain, CT?
New Britain, CT typically sees higher pay than Barnstable, MA for Financial Clearance Specialist. a Financial Clearance Specialist Salary in New Britain, CT is $51,988 as of October 28, 2020; a Financial Clearance Specialist Salary in Barnstable, MA is $50,761 as of October 28, 2020. ( 2020-10-28 salary.com )
Financial Clearance Specialist Frequently Asked Questions
Why does the salary of a Financial Clearance Specialist vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2020-10-28 salary.com )
What are the Pay Factors for Financial Clearance Specialist?
Salary ranges for a Financial Clearance Specialist can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2020-10-28 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2020-10-28 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Last Update: October 28, 2020