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Financial Clearance Analyst Jobs (NOW HIRING)

... financial clearance, and billing readiness processes. Working closely with operational, clinical ... Responsibilities · Analyze front-end revenue cycle workflows, eligibility verification processes ...

$16.66 - $23.43/hr

Summary The Financial Clearance Unit Specialist is responsible for identifying the responsible ... This includes analyzing, identifying and resolving barriers, monitoring assigned worklists ...

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Financial Clearance Analyst information

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$38.5K

$88.1K

$118K

How much do financial clearance analyst jobs pay per year?

As of Sep 4, 2026, the average yearly pay for financial clearance analyst in the United States is $88,111.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,000.00 and $110,500.00 per year, depending on experience, location, and employer.

What is a financial clearance analyst?

A Financial Clearance Analyst is a professional responsible for verifying patients’ insurance coverage, determining eligibility for medical services, and estimating patient financial responsibility before procedures or appointments. They work closely with healthcare providers, insurance companies, and patients to ensure that all necessary authorizations are obtained and that billing processes run smoothly. Their goal is to reduce claim denials, minimize financial risk for healthcare organizations, and help patients understand their financial obligations.

What are the key skills and qualifications needed to thrive as a financial clearance analyst, and why are they important?

To thrive as a Financial Clearance Analyst, you need strong analytical abilities, attention to detail, and a solid understanding of insurance verification and healthcare reimbursement processes, typically supported by a degree in finance, healthcare administration, or a related field. Proficiency with hospital billing systems, insurance portals, and electronic health record (EHR) software is usually required. Excellent communication, problem-solving skills, and the ability to work efficiently under pressure help you stand out in this role. These skills ensure accurate patient financial clearance, reduce claim denials, and support a smooth revenue cycle for healthcare organizations.

What are some common challenges financial clearance analysts face, and how can they effectively address them?

Financial Clearance Analysts often encounter challenges such as navigating complex insurance policies, managing high volumes of pre-authorization requests, and ensuring timely verification of patient benefits. To address these, strong attention to detail, effective communication with insurance providers, and the ability to prioritize urgent cases are essential. Staying updated on payer requirements and leveraging technology tools can also help streamline workflows and minimize errors, ensuring patients experience fewer delays in their care.

What is the difference between Financial Clearance Analyst vs Billing Specialist?

AspectFinancial Clearance AnalystBilling Specialist
CredentialsTypically requires finance or healthcare-related certifications, such as CPC or financial analysis certificationsOften requires billing or coding certifications, like CPC or medical billing certifications
Work EnvironmentHealthcare facilities, insurance companies, or financial departmentsHospitals, clinics, or healthcare provider offices
Employer & IndustryHealthcare industry, insurance companies, financial institutionsHealthcare providers, hospitals, clinics

The main difference is that Financial Clearance Analysts focus on verifying patient insurance and financial eligibility before services, while Billing Specialists handle the invoicing and coding after services are provided. Both roles require healthcare knowledge but serve different stages of the revenue cycle.

More about Financial Clearance Analyst jobs

What are the most commonly searched types of Financial Clearance Analyst jobs?

The most popular types of Financial Clearance Analyst jobs are:

Infographic showing various Financial Clearance Analyst job openings in the United States as of August 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $88,111 per year, or $42.4 per hour.

Financial Clearance Specialist (Radiation Oncology)

Garnet Health

Middletown, NY • On-site

$25.18/hr

Full-time

Medical, Dental, Retirement

Posted 12 days ago


Garnet Health rating

7.6

Company rating: 7.6 out of 10

Based on 23 frontline employees who took The Breakroom Quiz


Job description

Overview

At Garnet Health, the Hudson Valley’s leading integrated health system, you’ll find the perfect balance of a satisfying career and a rewarding lifestyle. Our focus is on patient-centric care with a collective of visionary leaders and dedicated and caring professionals working as a team to deliver the best for the people we serve. If you’re interested in a health system that’s both growing and award-winning, serving a diverse community that provides the best of both city and rural life, we invite to make your career home with us as a Financial Clearance Specialist on our team at/in Garnet Health Medical Center.


Responsibilities

The Financial Clearance Specialist is responsible for the completion of insurance verification at both the eligibility and benefit level. This individual will assess, review and determine the insurance coverage and requirements for the visits and diagnostic testing that will be performed. They will serve as the bridge between the clinical and revenue cycle business areas, by obtaining all required referrals and authorizations prior to the completion of any visits or testing. This process will assure that payment is received in a timely fashion from the date the services are preformed, thereby reducing the financial risk to the organization.  This position works closely with departmental leaders and staff to assure all clinical data required to obtain authorization for services rendered are obtained both Pre and Post op procedures. This individual will be key in assuring the financial stability of the program.  This role will also contact patient/caregiver once the visit has been confirmed as covered by insurance or to advise of any financial obligation that the patient may have. Thereby, meeting the NSA guidelines. 

At Garnet Health, we are committed to supporting your career growth and professional potential. We are responsive, attentive and dedicated to the success and satisfaction of our team members. Here, you’ll find resources that will help you excel in your career, tuition reimbursement programs for your continued education, and comprehensive health, dental and retirement benefits designed to fit your individual and family needs. Our inclusive and diverse team culture encourages you to contribute your exceptional talents, skills and perspectives to the success of our system, one another, our communities and our patients.
Join the Garnet Health team and let your excellence shine.

The compensation range for the role is $25.18- $ 25.93 hourly

Salaries shown on independent jobs related websites reflect market averages and do not represent information obtained directly from Garnet Health System. We invite and encourage each candidate to discuss salary / hourly specifics during the application and hiring process. 

Garnet Health System provides a compensation range to comply with the New York State law on Salary Transparency in Job Advertisements.The range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.  When determining a team member’s compensation and/or rate, several factors may be considered as applicable (e.g., location, specialty, service line, years of relevant experience, education, credentials, negotiated contracts, budget and internal equity)


Qualifications

Minimum Education: High School Diploma, Associates degree preferred.

                                               

Minimum Experience: 2 years of Healthcare Revenue Cycle Insurance experience, Insurance verification preferred                    

Required Certification/Registration: Knowledge of ICD-10 codes

 

Physical Requirements:  

                                                                                                               

Working Conditions:

  • Environmental Demands and Exposure to Hazards: Works in a clean, well-lighted, heated or ventilated facility.  No routine exposure to hazards.
  • Physical Demands: Demonstrates physical and functional ability to perform full anatomical range of motion to accomplish tasks. Evidence of visual and aural acuity and finger and hand dexterity to operate computer and office equipment. Can withstand long periods of sitting, standing and/or constant walking. Ability to lift 10 lbs.
  • Mental Demands: Ability to foster collaborative relationships, to work well under pressure, to organize and synthesize new information, and prioritize tasks. Possesses critical thinking, analytical skills and flexibility. Ability to multi-task. Required detailed attention to work in an environment where interruptions cannot be controlled. Demonstrates sensitivity to customer needs and expectations. May be subject to irregular hours including evenings or potentially weekends to participate in operational and community events as necessary. 

Workplace type
On-siteQualifications:

Minimum Education: High School Diploma, Associates degree preferred.

                                               

Minimum Experience: 2 years of Healthcare Revenue Cycle Insurance experience, Insurance verification preferred                    

Required Certification/Registration: Knowledge of ICD-10 codes

 

Physical Requirements:  

                                                                                                               

Working Conditions:

  • Environmental Demands and Exposure to Hazards: Works in a clean, well-lighted, heated or ventilated facility.  No routine exposure to hazards.
  • Physical Demands: Demonstrates physical and functional ability to perform full anatomical range of motion to accomplish tasks. Evidence of visual and aural acuity and finger and hand dexterity to operate computer and office equipment. Can withstand long periods of sitting, standing and/or constant walking. Ability to lift 10 lbs.
  • Mental Demands: Ability to foster collaborative relationships, to work well under pressure, to organize and synthesize new information, and prioritize tasks. Possesses critical thinking, analytical skills and flexibility. Ability to multi-task. Required detailed attention to work in an environment where interruptions cannot be controlled. Demonstrates sensitivity to customer needs and expectations. May be subject to irregular hours including evenings or potentially weekends to participate in operational and community events as necessary. 
Education:UNAVAILABLEEmployment Type: FULL_TIME

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