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$51

How much do patient financial services manager jobs pay per hour?

As of Jun 13, 2026, the average hourly pay for patient financial services manager in the United States is $33.36, according to ZipRecruiter salary data. Most workers in this role earn between $24.52 and $39.66 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Patient Financial Services Manager, and why are they important?

To thrive as a Patient Financial Services Manager, you need expertise in healthcare billing, revenue cycle management, and a solid understanding of insurance regulations, usually supported by a bachelor’s degree in finance, business, or healthcare administration. Familiarity with medical billing software, electronic health records (EHR) systems, and compliance certifications like HFMA or CRCR are typically required. Strong leadership, problem-solving abilities, and effective communication skills help manage teams and resolve patient billing issues. These competencies ensure accurate financial operations, regulatory compliance, and positive patient experiences within healthcare organizations.

What does a Patient Financial Services Manager do?

A Patient Financial Services Manager oversees the billing, collections, and financial counseling operations within a healthcare facility. Their responsibilities include managing staff, ensuring compliance with healthcare regulations, resolving patient billing issues, and optimizing reimbursement processes. They work to improve the financial experience for patients by providing clear communication about costs and payment options. Additionally, they often collaborate with other departments to streamline workflows and enhance overall revenue cycle performance.

What Does a Patient Financial Services Manager Do?

As a patient financial services manager, your duties are to supervise the daily operations of a clinic or hospital’s billing and payment services as well as to develop long-term strategies for growth and financial stability. You typically supervise other payment and billing specialists, who are responsible for collecting payments, filing insurance reimbursement paperwork, and managing the accounts receivable. You maintain communication with the registration office to ensure they collect the proper billing information when they register new patients. In addition to billing responsibilities, you also forecast future revenue for the hospital or facility and present your assessments to other executives.

What are some of the key challenges faced by Patient Financial Services Managers in coordinating with clinical and administrative teams?

Patient Financial Services Managers often encounter challenges in bridging communication between clinical staff, administrative teams, and billing departments. They must ensure accurate patient data flow, timely insurance verification, and prompt resolution of billing discrepancies, all while maintaining compliance with healthcare regulations. Balancing these responsibilities requires strong organizational skills and the ability to foster collaboration across departments to optimize the patient billing experience and financial performance. Proactive communication and ongoing staff training are essential to overcoming these challenges.

What is the difference between Patient Financial Services Manager vs Patient Accounts Coordinator?

AspectPatient Financial Services ManagerPatient Accounts Coordinator
CredentialsTypically requires a bachelor's degree in healthcare administration, finance, or related field; certifications like Certified Revenue Cycle Specialist (CRCS) are commonOften requires a high school diploma or associate degree; certifications are less common
Work EnvironmentSupervises billing, collections, and financial counseling teams in hospitals or clinicsHandles patient account inquiries, billing issues, and payment processing in healthcare settings
Employer & Industry UsageUsed in hospitals, healthcare systems, and clinics for financial management rolesFound in similar healthcare environments, focusing on patient account operations

The Patient Financial Services Manager oversees the entire financial services team, focusing on billing, collections, and financial counseling, while the Patient Accounts Coordinator handles day-to-day patient account activities. Both roles are essential in healthcare finance but differ in scope and responsibilities.

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Patient Financial Services Manager jobs near you
MANAGER PATIENT FINANCIAL SERVICES

MANAGER PATIENT FINANCIAL SERVICES

Morris Hospital

Morris, IL • On-site

$90K - $135K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 18 days ago

Morris Hospital & Healthcare Centers rating

6.7

Company rating: 6.7 out of 10

Based on 20 frontline employees who took The Breakroom Quiz

Job description

  • DESCRIPTION OF POSITION
    • The Patient Financial Services Manager is responsible for overseeing the day to day operations of the revenue cycle functions of the Patient Financial Services (PFS) department including but not limited to billing, denial management, claim follow-up, compliance with third party payer regulations, cash management, and workflow efficiency. Additional responsibilities include personnel activities including hiring, training, development and termination of assigned supervisors / staff. Responsible to maintain a working knowledge of functions throughout the PFS division.
  • QUALIFICATIONS
    • Professional/Educational
      • Bachelor's degree in Business Administration, Finance, Healthcare Administration, Accounting, or related area preferred.
      • Minimum 5 years of related hospital billing and collection experience with at least three years managing professional and support staff preferred.
      • Strong Financial management background, knowledge of federal and state laws and requirements relating to healthcare management.
      • Strong project management experience preferred.
      • Experience and/or familiarity with facility and professional billing systems and processes.

Actual pay will be determined by qualifications, experience, and internal equity.
Morris Hospital & Healthcare Centers offers a comprehensive benefit package including:
  • Medical, dental, vision plans
  • Paid time off
  • Retirement plan, including immediate 100% vesting
  • Life insurance
  • Disability coverage
  • Nurse residency program
  • Wellness program
  • Health club / gym membership reimbursement
  • Reward & Recognition programs
  • Tuition Reimbursement
  • Employee Assistance Program

Morris Hospital Employee Benefits

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