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Medical Financial Counselor Jobs (NOW HIRING)

Prelude Fertility

Medical Financial Counselor

Indianapolis, IN ยท On-site

$18 - $23.50/hr

Minimum of 2 years' experience offering financial counseling in a health care related field Why You'll Love Working Here - Our Amazing Benefits: Comprehensive Health Coverage: Medical, dental, and ...

Oneoncology

Financial Counselor

San Antonio, TX

$17.25 - $22.25/hr

Financial Counselor - Medical Oncology Office Position Summary: The Financial Counselor will provide financial assistance and guidance to patients undergoing treatment at our medical oncology office.

Cook Children's

Financial Counselor

Fort Worth, TX ยท On-site

$18.25 - $23.75/hr

Dodson Medical Office Building Department: Heart Transplant Shift: Varying Shifts (United States of America) Standard Weekly Hours: 40 Summary: The Financial Counselor will financially screen ...

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How much do medical financial counselor jobs pay per hour?

As of Jul 29, 2026, the average hourly pay for medical financial counselor in the United States is $21.69, according to ZipRecruiter salary data. Most workers in this role earn between $18.27 and $23.80 per hour, depending on experience, location, and employer.

What does a financial counselor do?

A medical financial counselor helps patients understand their healthcare costs, insurance coverage, and payment options. They assist with billing issues, negotiate payment plans, and ensure patients receive accurate financial information, often using specialized software and requiring strong communication skills.

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

To thrive as a Medical Financial Counselor, you need a solid understanding of medical billing, insurance processes, and healthcare finance, often supported by a background in healthcare administration or related fields. Familiarity with hospital billing software, insurance portals, and revenue cycle management systems is typically required. Strong interpersonal communication, empathy, and problem-solving skills help you guide patients through complex financial matters and sensitive conversations. These skills are crucial to ensure patients receive accurate financial guidance, maintain compliance, and support the healthcare organization's financial health.

How to become a patient financial counselor?

To become a medical financial counselor, typically one needs a high school diploma or equivalent, with some positions preferring an associate's or bachelor's degree in healthcare administration, finance, or related fields. Relevant skills include knowledge of insurance policies, billing procedures, and strong communication abilities; certification programs such as Certified Healthcare Financial Professional (CHFP) can enhance job prospects. Gaining experience through internships or entry-level roles in healthcare finance is also beneficial.

What is the difference between Medical Financial Counselor vs Medical Billing Specialist?

AspectMedical Financial CounselorMedical Billing Specialist
CredentialsOften requires certification (e.g., Certified Healthcare Financial Professional)Typically requires certification or training in billing and coding
Work EnvironmentHospitals, clinics, insurance companiesMedical offices, billing companies, hospitals
Primary FocusPatient financial assistance, insurance navigation, payment plansProcessing claims, coding, billing, and reimbursement

Medical Financial Counselors focus on helping patients understand and manage their healthcare costs, while Medical Billing Specialists handle the administrative tasks of billing and coding. Both roles require knowledge of healthcare finance, but their daily responsibilities and interactions differ significantly.

How does a Medical Financial Counselor typically collaborate with clinical staff to assist patients?

Medical Financial Counselors work closely with clinical staff, such as nurses, physicians, and case managers, to ensure patients receive comprehensive support regarding their healthcare expenses. They often join care team meetings to discuss patient needs and provide guidance on financial assistance programs or insurance options. This collaboration helps identify patients who may be at risk of financial hardship and ensures a unified approach to addressing both medical and financial concerns. By maintaining open communication channels, Medical Financial Counselors help improve patient satisfaction and promote positive health outcomes.

What is the purpose of financial counseling in healthcare?

A Medical Financial Counselor helps patients understand their healthcare costs, insurance options, and payment plans to manage medical expenses effectively. Their role ensures patients can access necessary care without financial hardship and often involves explaining billing, assisting with financial assistance programs, and coordinating payment arrangements.

What are medical financial counselors?

Medical financial counselors are professionals who assist patients and their families in understanding and managing the financial aspects of medical care. They help patients navigate health insurance benefits, estimate out-of-pocket costs, set up payment plans, and apply for financial assistance programs or charity care. Their role is crucial in reducing financial stress for patients, ensuring access to necessary care, and helping healthcare facilities receive timely payments.

What field of counseling makes the most money?

In the counseling field, clinical psychologists and psychiatrists tend to earn the highest salaries, often exceeding $100,000 annually. Medical Financial Counselors typically earn less, with salaries varying based on experience, location, and employer, but generally do not reach the top earning levels of clinical psychologists or psychiatrists.
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Medical Financial Counselor jobs near you
Infographic showing various Medical Financial Counselor job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 75% Full Time, 20% Part Time, 2% Temporary, and 2% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $45,125 per year, or $21.7 per hour.