Patient Financial Services Supervisor salary in Iceland

Average Yearly Salary of Patient Financial Services Supervisor in Iceland is approximately 10,009,961 ISK (69,887 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 Financial Services Supervisor do?

A Patient Financial Services Supervisor is responsible for overseeing the financial operations within a healthcare facility. They manage a team of employees who handle patient billing, insurance claims, and collection activities. The supervisor ensures that all financial transactions are accurately processed, compliant with regulations, and in line with the facility's policies and procedures. In addition to managing the day-to-day operations, they may also develop and implement strategies to improve revenue cycle management, optimize reimbursement processes, and enhance patient satisfaction. They collaborate with other departments, such as medical coding and compliance, to ensure accurate and timely billing and coding practices. The role requires strong leadership and communication skills, as well as a deep understanding of healthcare billing and reimbursement systems. Attention to detail, problem-solving abilities, and the ability to work under pressure are crucial in this role.

Skills: Patient Financial Services, Healthcare Finance, Revenue Cycle Management, Insurance Billing, Compliance, Leadership
Job industry: Healthcare

How much does Patient Financial Services Supervisor make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Patient Financial Services Supervisor a well paid job?

Yes, our data show that Patient Financial Services Supervisor is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Patient Financial Services Supervisor?

High salary for Patient Financial Services Supervisor would be somewhere between 11,010,957 ISK and 14,514,443 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Patient Financial Services Supervisor 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: 10,009,961 ISK
Estimated Monthly Salary: 834,163 ISK
Estimated Weekly Salary: 192,499 ISK per week
Estimated Hourly Salary: 4,812 ISK per hour
By working as Patient Financial Services Supervisor a person can save up to 3,095 USD per month or 37,141 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 Financial Services Supervisor

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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