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Patient Financial Associate Jobs in Chicago, IL (NOW HIRING)

Patient Attendant

Chicago, IL · On-site +1

$18.67 - $21.90/hr

We empower our 97,000+ associates to bring their skills and expertise every day to reimagining ... Ascension will never ask for payment or to provide banking or financial information as part of the ...

Patient Access Supervisor

Chicago, IL · On-site

$55 - $75/hr

... and financial performance while ensuring a patient‑first experience. As part of this ... Position Level Associate Country United States of America #J-18808-Ljbffr

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Showing results 21-40

Patient Financial Associate information

See Chicago, IL salary details

$14

$32

$69

How much do patient financial associate jobs pay per hour?

As of Sep 4, 2026, the average hourly pay for patient financial associate in Chicago, IL is $32.93, according to ZipRecruiter salary data. Most workers in this role earn between $21.30 and $35.43 per hour, depending on experience, location, and employer.

What does a patient financial associate do?

A Patient Financial Associate is responsible for helping patients navigate the financial aspects of their healthcare. They assist with billing, insurance verification, payment processing, and answering questions about charges or coverage. Their goal is to ensure patients understand their financial responsibilities and help resolve any billing issues. Patient Financial Associates often work closely with both patients and insurance companies to facilitate smooth payment processes.

What are some typical challenges patient financial associates face when helping patients understand their insurance coverage and billing statements?

Patient Financial Associates often encounter challenges when explaining complex insurance policies and billing details to patients who may be unfamiliar or overwhelmed by healthcare terminology. Navigating discrepancies between insurance claims and actual coverage, addressing denied claims, and clarifying patient responsibilities for out-of-pocket costs require strong communication and problem-solving skills. It's common to work closely with both patients and insurance representatives to resolve issues and ensure accurate billing, all while maintaining empathy and professionalism. Effective Associates develop strategies to simplify information and provide reassurance throughout the process.

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

To thrive as a Patient Financial Associate, you need a solid understanding of medical billing, insurance processes, and healthcare finance, often supported by a relevant associate degree or equivalent experience. Familiarity with hospital information systems, billing software, and coding systems like ICD-10 and CPT is typically required. Strong attention to detail, problem-solving skills, and effective communication are vital soft skills for this role. These competencies ensure accurate billing, prompt reimbursement, and positive patient interactions, which are critical for the financial health of healthcare organizations.

What is the difference between Patient Financial Associate vs Medical Billing Specialist?

AspectPatient Financial AssociateMedical Billing Specialist
CredentialsHigh school diploma; some roles may require certificationHigh school diploma; certification often preferred
Work EnvironmentHospitals, clinics, healthcare officesMedical offices, billing companies, healthcare facilities
Primary ResponsibilitiesPatient account management, insurance verification, billing assistanceProcessing claims, coding, submitting bills to insurers
OverlapYes, both handle billing and insurance processesYes, both involve billing and insurance claims

The Patient Financial Associate and Medical Billing Specialist roles share responsibilities related to billing and insurance. However, the Patient Financial Associate focuses more on patient interactions, account management, and financial counseling, while the Medical Billing Specialist primarily handles claim processing and coding. Both roles are essential in healthcare revenue cycle management and often work closely within healthcare settings.

Is healthcare finance a good career?

A Patient Financial Associate role involves managing patient billing, insurance claims, and financial records in healthcare settings. It offers stable employment, opportunities for advancement, and requires skills in communication, attention to detail, and familiarity with billing software. Healthcare finance is considered a growing field with steady demand for qualified professionals.

What are the most commonly searched types of Patient Financial jobs in Chicago, IL?

The most popular types of Patient Financial jobs in Chicago, IL are:

Director, IP Dispute Resolution (Financial Expert Practice)

Ocean Tomo

Chicago, IL • Hybrid

Full-time

PTO

Re-posted 10 days ago


Job description

Director, IP Dispute Resolution (Financial Expert Practice)

Ocean Tomo offers an entrepreneurial environment where you will work at the intersection of financial theory and cutting-edge technology. We value creativity, curiosity and problem solving. We require flexibility, dedication and initiative. In return, we provide exceptional opportunities. We are often asked to apply advanced financial and economic principles to assist in the evaluation of emerging technologies or technology-rich corporations.

Ocean Tomo's Financial Expert professionals have industry leading experience across all types of disputes. We are skilled in the determination of intellectual property damages including calculations of lost profits, price erosion, unjust enrichment, and reasonable royalty. As a Director, you will focus on the daily management of these engagements; including meeting with clients and/or counsel to collect information for the creation of reports and financial analyses/models, analyzing and critiquing opposing parties' claims, management of staff and working closely with the Managing Directors of the firm.

  • Managing complex assignments from concept through delivery
  • Assisting with practice development efforts of the Managing Directors
  • Identifying and converting new business opportunities
  • Writing reports, presentations and other materials
  • Daily management of engagements including meetings with clients and counsel
  • Critiquing opposing parties' claims
  • Managing analysts and associates working on the engagement
  • Leading market, industry, company, technology and royalty rate research performed by Associates and Analysts
  • Directing staff efforts in preparing models, reports and other activities
  • Training staff on technical concepts

Requirements:

  • Bachelors or Masters concentrating in finance, accounting, business or economics from a highly regarded program
  • 7 plus years of litigation consulting or intellectual property valuation experience
  • CPA/CFA preferred
  • Willingness to be "hands-on" manager with full responsibility for delivering high quality work product
  • Established reputation for high-level of professional expertise
  • Distinguished academic achievement
  • Attention to detail and quality control
  • Solid analytical skills, and the ability to work well in a team environment are essential
  • High degree of professionalism, integrity and flexibility
  • Excellent oral and written communication skills
  • Great attitude and client presence

Established in 2003, Ocean Tomo, LLC provides Financial Expert, Management Consulting, and Advisory services related to intellectual property (IP) and other intangible assets; corporate accounting investigations; regulatory and reporting obligations; solvency and restructuring; and contractual or competition disputes.

Intangible assets comprise 90 percent of business value but are also subject to significant impairment due to enterprise and regulatory compliance risk. Ocean Tomo assists clients - corporations, law firms, governments, and institutional investors - in realizing Intellectual Capital Equity value broadly defined.

As a team, we are:

Innovative: Offering state of the art and proprietary services within each business we operate.

Client Focused: Responding and providing a level of service exceeding expectations.

Quality Obsessed: Managing all work products to a zero-error tolerance.

Profit Centric: Seeking to maximize profits to our employees and investors over strategies focused on growth.

Team Oriented: Working together to serve clients and build a unified firm regardless of office locale or primary practice responsibility.

Inclusive: Ocean Tomo welcomes everyone, recognizing diversity as an asset for ourselves and our clients.

Why Work for Us?

We are an organization built upon the concept of the "team." Our culture and our work set us apart. Our people make all the difference. In addition to excellent employee benefits, some of our innovative benefits include:

  • Hybrid work environment
  • Incentive equity program
  • Annual bonus plan
  • Full reimbursement for industry exams and review courses (CPA, CFA, etc.)
  • Partial tuition reimbursement
  • Unlimited paid time off and paid holidays

Applicants MUST submit resumes at https://oceantomo.isolvedhire.com. Local candidates preferred. Applicants for employment in the U.S. must possess work authorization which does not require sponsorship by the employer for a visa.

Ocean Tomo, LLC and Veris Consulting, LLC are Equal Opportunity Employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.