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Financial Clearance Jobs (NOW HIRING)

Kaleida Health

Financial Clearance Rep

Olean, NY · On-site

Financial Clearance Rep Location: Olean General Hospital Location of Job : US:NY:Olean Work Type : Full-Time Shift 1 Under the direction of the assigned supervisor or manager of Revenue Cycle ...

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Financial Clearance information

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$31.5K

$74.5K

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How much do financial clearance jobs pay per year?

As of Jul 3, 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 June 2026, with employment types broken down into 68% Full Time, 30% 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.
Financial Clearance Rep

Financial Clearance Rep

Kaleida Health

Olean, NY • On-site

Full-time

Posted 18 days ago

Kaleida Health rating

7.1

Company rating: 7.1 out of 10

Based on 90 frontline employees who took The Breakroom Quiz

404th of 877 rated healthcare providers

Job description

Financial Clearance Rep
Location: Olean General Hospital
Location of Job: US:NY:Olean
Work Type: Full-Time
Shift 1
Job Description
Under the direction of the assigned supervisor or manager of Revenue Cycle, performs activities related to, pre-registration, insurance verification, authorization, pre-certification, financial clearance process, advising patients of their financial responsibility and identifying monies due for services according to appropriate policies. Coordinates referrals to the Hospital Financial Counselors for uninsured or underinsured patients. Additional responsibilities include interviewing patients/guarantors to obtain demographic, confidential clinical and financial information necessary to appropriately obtain treatment authorizations and verify insurance eligibility and corresponding benefit levels. Critical to this position is the ability to gather and record all appropriate information that lays the groundwork for the remaining or future fiscal efforts of Olean General Hospital and Bradford Regional Medical Center.
Education And Credentials
High School diploma or equivalent.
Experience
One (1) or more years of experience in a medical setting. Knowledge of health insurance and registration preferred. Ability to use a network PC; understand Windows applications and functionality; medical terminology; proficient in typing; ability to read and comprehend material in order to perform job duties; interpersonal skills to deal with a diverse group of internal and external callers; knowledge in health insurance and registration preferred.
Working Conditions
Job Details
Department: OGH Financial Clearance Center
Standard Hours Bi-Weekly: 75.00
Weekend/Holiday Requirement: No
On Call Required: No
With Rotation: No
Scheduled Work Hours: 9a-5p
Work Arrangement: Onsite
Union Code: N35 - Non Union OGH
Requisition ID#: 18680
Recruiter: Erica R. Babcock
Grade: OLH3
Pay Frequency: Bi-Weekly
Salary Range: $16.54 - $22.74
*Wage will be determined based on factors such as candidate's experience, qualifications, internal equity, and any applicable collective bargaining agreement.
Olean General Hospital's mission is to advance the health of our community, and we believe our diversity, equity, and inclusion (DEI) strategic work is mission- critical for the good of our workforce and the community who need and depend on our care and services. We understand that racism and health inequities stand firmly in the way of advancing the health of our community, and Olean General Hospital envisions DEI as the pursuit of equity and restorative justice for every person. We will exemplify courage and accountability through both the professing and practice of our core values for our friends, colleagues, and community. Olean General Hospital is committed to creating a culture of equity and inclusion where diversity is valued and celebrated!

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