Patient Account Representative salary in Iceland

Average Yearly Salary of Patient Account Representative in Iceland is approximately 6,845,402 ISK (47,769 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Patient Account Representative do?

A Patient Account Representative is responsible for managing and maintaining patient accounts in a healthcare setting. They handle various tasks related to billing, insurance claims, and payment collections. The role involves verifying patient information, processing invoices, resolving billing discrepancies, and following up on outstanding payments. Patient Account Representatives also communicate with patients and insurance companies to address inquiries, provide explanations of charges, and negotiate payment arrangements. They must ensure accurate and timely documentation of all financial transactions and adhere to relevant healthcare regulations and policies. Attention to detail, strong organizational skills, and proficiency in using billing software are essential for success in this role.

Skills: Patient Account Representative, Healthcare Billing, Insurance Claims, Payment Collections, Financial Transactions, Healthcare Regulations
Job industry: Healthcare

How much does Patient Account Representative make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Patient Account Representative a well paid job?

No, our data shows that Patient Account Representative is typically not a well-paid job. The salary varies based on experience. Meaning that even though Patient Account Representative might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Patient Account Representative?

High salary for Patient Account Representative would be somewhere between 7,529,942 ISK and 9,925,833 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Patient Account Representative in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 6,845,402 ISK
Estimated Monthly Salary: 570,450 ISK
Estimated Weekly Salary: 131,642 ISK per week
Estimated Hourly Salary: 3,291 ISK per hour
By working as Patient Account Representative a person can save up to 1,252 USD per month or 15,023 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Patient Account Representative

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

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