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Financial Clearance Jobs (NOW HIRING)

Nuvance Health

Manager Financial Clearance

Danbury, CT

$41 - $76.16/hr

Manages and plans the activities of staff and supervisors within Financial Clearance for Nuvance to accomplish accurate and complete collection of pre-registration, insurance, and authorization ...

Nuvance Health

Manager Financial Clearance

Danbury, CT

$41 - $76.16/hr

Manages and plans the activities of staff and supervisors within Financial Clearance for Nuvance to accomplish accurate and complete collection of pre-registration, insurance, and authorization ...

Northwell Health

Manager Financial Clearance

Danbury, CT · On-site

$41 - $76.16/hr

Manages and plans the activities of staff and supervisors within Financial Clearance for Nuvance to accomplish accurate and complete collection of pre-registration, insurance, and authorization ...

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Financial Clearance information

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$31.5K

$74.5K

$117K

How much do financial clearance jobs pay per year?

As of Jul 26, 2026, the average yearly pay for financial clearance in the United States is $74,528.00, according to ZipRecruiter salary data. Most workers in this role earn between $54,000.00 and $94,000.00 per year, depending on experience, location, and employer.

What is the difference between Financial Clearance vs Billing Specialist?

AspectFinancial ClearanceBilling Specialist
Required CredentialsTypically requires healthcare or financial certifications, knowledge of insurance policiesRequires billing, coding certifications, and familiarity with billing software
Work EnvironmentHealthcare facilities, hospitals, clinicsMedical offices, healthcare organizations, billing companies
Employer & Industry UsageUsed in healthcare to verify patient insurance and financial eligibilityUsed to process and submit medical bills for reimbursement

Financial Clearance professionals focus on verifying patients' insurance coverage and financial eligibility before services are rendered, ensuring payment readiness. Billing Specialists handle the actual invoicing, coding, and submission of claims for healthcare services. While both roles are essential in healthcare finance, Financial Clearance emphasizes pre-service verification, whereas Billing Specialists focus on post-service billing and reimbursement processes.

What is financial clearance?

Financial clearance is the process used by healthcare providers or institutions to verify a patient's insurance coverage, determine their benefits, and estimate out-of-pocket costs before services are rendered. This process ensures that both the patient and provider understand the financial responsibilities associated with the care to be provided. Financial clearance helps reduce unexpected billing issues and allows patients to make informed decisions regarding their treatment options. It often involves checking insurance eligibility, obtaining authorizations, and communicating payment expectations to the patient.

What jobs pay 4000 a week without a degree?

Financial clearance roles typically do not pay $4,000 a week without specialized skills or experience. High-paying jobs that can reach this level without a degree often include sales, real estate, or certain entrepreneurial ventures, but they usually require strong skills, certifications, or a proven track record. Most roles with such income levels are in sales, trading, or business ownership, rather than entry-level positions.

What does financial clearance do?

Financial clearance is a process in healthcare and hospital settings where a patient's insurance coverage and financial responsibility are verified before services are provided. For roles involved in this process, skills in insurance billing, patient communication, and familiarity with billing software are essential to ensure accurate and timely approval of medical procedures and admissions.

How much money can you make with a secret clearance?

Financial clearance is not a job title but a security credential used in government and defense roles. Salaries for positions requiring a secret clearance vary widely depending on the specific job, experience, and location, but generally range from $50,000 to over $120,000 annually. Higher-level clearances or specialized skills can lead to increased compensation in these roles.

What are the key skills and qualifications needed to thrive as a Financial Clearance Specialist, and why are they important?

To thrive as a Financial Clearance Specialist, you need a solid understanding of insurance verification, patient billing, and health care reimbursement processes, often supported by experience in medical billing or a related field. Familiarity with hospital information systems, insurance portals, and billing software such as Epic or Cerner is commonly required. Attention to detail, strong organizational skills, and effective communication are crucial soft skills for navigating patient interactions and complex billing scenarios. These competencies ensure accurate financial processing, reduce claim denials, and support a positive patient experience.

What jobs pay 500,000 a year in the US?

In the US, high-paying roles such as senior investment bankers, hedge fund managers, and top executives in finance and technology can earn $500,000 or more annually. These positions often require advanced degrees, extensive experience, and strong negotiation skills, and may include bonuses and stock options that significantly increase total compensation.

What are some common challenges faced in a Financial Clearance role, and how can I prepare for them?

In a Financial Clearance role, one common challenge is navigating complex insurance policies and payer requirements to ensure patient services are authorized and financially secured before treatment. You'll often need to communicate with insurance companies, patients, and healthcare providers, which requires strong attention to detail and excellent interpersonal skills. Staying organized and familiarizing yourself with electronic health record (EHR) systems and payer portals can help you manage these challenges effectively. Proactive problem-solving and the ability to quickly learn updates to insurance regulations are also valuable assets in this role.
More about Financial Clearance jobs
What cities are hiring for Financial Clearance jobs? Cities with the most Financial Clearance job openings:
What are the most commonly searched types of Financial Clearance jobs? The most popular types of Financial Clearance jobs are:
What states have the most Financial Clearance jobs? States with the most job openings for Financial Clearance jobs include:
What job categories do people searching Financial Clearance jobs look for? The top searched job categories for Financial Clearance jobs are:
Financial Clearance jobs near you
Infographic showing various Financial Clearance job openings in the United States as of July 2026, with employment types broken down into 95% Full Time, 3% Part Time, and 2% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $74,528 per year, or $35.8 per hour.

Manager Financial Clearance

Pennsylvania Medicine

Bala Cynwyd, PA • On-site

$83K - $109K/yr

Full-time

Posted 2 days ago

Job description

Penn Medicine is dedicated to our tripartite mission of providing the highest level of care to patients, conducting innovative research, and educating future leaders in the field of medicine. Working for this leading academic medical center means collaboration with top clinical, technical and business professionals across all disciplines.
Today at Penn Medicine, someone will make a breakthrough. Someone will heal a heart, deliver hopeful news, and give comfort and reassurance. Our employees shape our future each day. Are you living your life's work?
Job Title: Manager Financial Clearance
Department: Financial Clearance
Entity: Clinical Practices of the University of Pennsylvania (CPUP)
Location: Penn Medicine Bala Cynwyd- 2 Bala Plaza
Hours: M-F, 8-4:30 with flexibility in hours based on operational need
Summary:
  • The Manager, Financial Clearance is responsible for directing and coordinating all daily operational activities within the Financial Clearance function. This role ensures that patients receive timely and accurate verification of insurance benefits, authorization management, and financial risk assessment services. The Manager oversees end-to-end clearance processes that directly influence organizational revenue integrity, service readiness, and the overall patient experience.
  • As a key leader within the Revenue Cycle space at Penn Medicine, the Manager provides operational oversight of financial clearance workflows, ensures adherence to payer requirements, and implements strategies that reduce avoidable denials and improve first-pass claim success. The role applies strong analytical, operational, and problem-solving skills to monitor performance, identify root causes of operational barriers, and drive sustainable improvements in accuracy, efficiency, and service delivery.
  • This position is accountable for managing staff performance, driving continuous improvement, and maintaining high levels of productivity, responsiveness, and customer service. The Manager collaborates with scheduling, clinical, utilization management, patient access, billing, and payer contracting teams to ensure seamless coordination of care and financial clearance readiness. Additionally, the Manager partners with operational and financial leaders to support revenue optimization efforts, enhance key performance indicators, and ensure appropriate stewardship of resources.

Responsibilities:
  • Provides overall leadership and direction for daily Financial Clearance operations, ensuring timely, accurate, and compliant execution of eligibility, benefits review, prior authorization, and medical necessity workflows.
  • Manages and develops supervisory and lead-level staff, providing coaching, mentoring, performance oversight, and succession planning to build a strong leadership pipeline.
  • Monitors operational performance across all Financial Clearance teams, resolving complex or high-risk issues and ensuring alignment with organizational priorities and service expectations.
  • Develops, maintains, and continuously improves department workflows, dashboards, productivity models, and key performance indicators (KPIs).
  • Oversees staffing models, workload balancing, productivity expectations, and resource allocation to support operational needs.
  • Leads process-improvement initiatives, workflow redesign, and operational standardization across financial clearance functions.
  • Assist system-wide standardization of financial clearance workflows, documentation requirements, and operational practices across all entities.
  • Ensures financial clearance processes support revenue goals, including reduction of authorization-related and eligibility-related denials and improvement of first-pass claim yield.
  • Collaborates with Denials Management to address recurring issues, implement corrective actions, and prevent downstream billing disruptions.
  • Monitors and proactively addresses issues related to coverage, authorization, and medical necessity.
  • Collaborates with scheduling, clinical, patient access, utilization management, billing, contracting, and other operational leaders to ensure seamless clearance readiness and effective communication.
  • Supports operational readiness for new programs, services, locations, or workflow changes that impact financial clearance.
  • Assists in developing the annual operating budget and manages performance to budget through effective resource planning and productivity oversight.
  • Monitors expenditures, ensures appropriate fiscal responsibility, and supports cost control strategies while maintaining service quality.
  • Promotes a culture of accountability, teamwork, transparency, and patient-centered service within the Financial Clearance division.
  • Ensures employees understand organizational goals, performance expectations, and their individual contributions to patient access and revenue cycle excellence.
  • Performs duties in accordance with Penn Medicine and entity values, policies, and procedures.
  • Other duties as assigned to support the unit, department, entity, and health system organization.
Education or Equivalent Experience:
  • Bachelor of Arts or Science AND 3+ years Revenue Cycle Setting (Required)
  • OR
  • H.S. Diploma/GED AND 10+ years Revenue Cycle Setting(Required)
  • 3+ years Supervisory/Management role preferred

We believe that the best care for our patients starts with the best care for our employees. Our employee benefits programs help our employees get healthy and stay healthy. We offer a comprehensive compensation and benefits program that includes one of the finest prepaid tuition assistance programs in the region. Penn Medicine employees are actively engaged and committed to our mission. Together we will continue to make medical advances that help people live longer, healthier lives.
Live Your Life's Work
We are an Equal Opportunity employer. Candidates are considered for employment without regard to race, ethnicity, color, sex, sexual orientation, gender identity, religion, national origin, ancestry, age, disability, marital status, familial status, genetic information, domestic or sexual violence victim status, citizenship status, military status, status as a protected veteran or any other status protected by applicable law.

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