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Certified Medical Billing/Coding Specialist Salary

Certified Medical Billing Specialists in the United States are largely female. The average salary of the entire group is approximately $14.54 per hour. In the world of Certified Medical Billing Specialists, overall income ranges from $21K near the bottom to $45K at the top; this can include more than $2K from bonuses and more than $5K from profit sharing in exceptional cases. Career length and the particular city each impact pay for this group, with the former having the largest influence. Roughly a fourth of professionals in this line of work do not receive benefits; however, a fair number report medical coverage and just over a half claim dental coverage as well. For the most part, Certified Medical Billing Specialists enjoy their work and report high levels of job satisfaction. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$23,729 - $51,850
(Median)
$24K
$36K
$52K
MEDIAN: $35,678
10%
50%
90%

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$10.15 - $19.56
(Median)
$10
$15
$20
MEDIAN: $14.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$18K$36K$54K
Salary
$23,729 - $51,850  
   
Bonus
$0.00 - $1,944  
Profit Sharing
$255.32 - $5,034  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$21,438 - $44,841  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 399
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$11$22$33
Hourly Rate
$10.15 - $19.56  
   
Overtime
$4.70 - $30.29  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$22K$44K$66K
Bonus
$0.00 - $1,944  
   
Profit Sharing
$255.32 - $5,034  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$21,438 - $44,841  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 1,266

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Job Description for Certified Medical Billing/Coding Specialist

A certified medical billing/coder specialist is a skilled medical worker who functions in an office-based setting to interpret official medical records into codes which can be submitted to insurance companies for payment. The certified medical billing/coder specialist must be skilled in understanding medical terminology and searching the medical provider's documentation to identify all diagnoses, conditions, reasons for treatment, services and procedures recorded, and to assign the appropriate billing code to each. The codes determine the amount that the physician is paid for his or her services. The codes are contained in the medical records coder "bibles," the ICD-9 and CPT-4 books. Working as a certified medical billing/coder specialist requires a strong background not only in medical terminology, but also in anatomy and physiology, pharmacology, computer and typing skills, billing, and accounting. Certified medical billing/coder specialist students also complete a hands-on practicum prior to graduating. Certified medical billing/coder specialist programs are offered as diploma or degree programs. Upon graduation, the coder must take and pass a national certification exam. Certified medical billing/coder specialists work in a variety of settings, including hospitals, outpatient and inpatient clinics, surgical centers, and dental offices. Any place that provides medical services requires the services of a certified medical billing/coder specialist. Certified medical billing/coder specialists work in conjunction with physicians and other medical providers and, in addition to coding services, provide education to providers regarding medical record requirements and conduct chart reviews for completeness. Certified medical billing/coder specialists have the ability to make their own schedule, and with telecommuting can even work at home.


Certified Medical Billing/Coding Specialist Tasks

  • Organize and verify patient records, bills, and statements.
  • Code patients' diagnoses and requests payment from insurance companies or individuals.
  • Record and process patient data including treatment records, insurance information, bills, and payments.
  • Set-up payment plans for patients.

Common Career Paths for Certified Medical Billing/Coding Specialist


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While Certified Medical Billing Specialists do not often become Medical Billing Managers, the job pays $41K per year on average. Certified Medical Billing Specialists moving up in their careers tend to step into positions as Certified Professional Coders or Certified Medical Coders. The median paychecks in those roles are $4K higher and $3K higher, respectively.

Medical Billing/Coding Specialist Job Listings

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Popular Skills for Certified Medical Billing/Coding Specialist


Survey results show that Certified Medical Billing Specialists use a fair number of skills. Most notably, skills in Medical Coding, Medicaid & Medicare Billing, Accounts Receivable, and Insurance are correlated to pay that is above average. Those proficient in Insurance are, more often than not, also skilled in Medicaid & Medicare Billing.

Pay by Experience Level for Certified Medical Billing/Coding Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Certified Medical Billing Specialists do not generally earn higher incomes from more experience in the field. The average beginner in this position makes around $30K, but folks who have been around for five to 10 years see a markedly higher median salary of $34K. Certified Medical Billing Specialists with one to two decades of relevant experience report an average salary of approximately $37K. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $42K, demonstrating that compensation is roughly commensurate with experience in the end.

Pay Difference by Location


For Certified Medical Billing Specialists, working in the bustling city of Baltimore has its advantages, including an above-average pay rate. Certified Medical Billing Specialists will also find cushy salaries in Phoenix (+8 percent), Dallas (+8 percent), New York (+6 percent), and Los Angeles (+6 percent). The smallest paychecks in the market, 13 percent south of the national average, can be found in Jacksonville. Austin and San Antonio are a couple other places where companies are known to pay below the median — salaries are 9 percent lower and 5 percent lower, respectively.

Related Job Salaries

United States (change)

Experience Affects Certified Medical Billing/Coding Specialist Salaries




National Average
$31,000


Skills That Affect Certified Medical Billing/Coding Specialist Salaries

Medical Coding
up arrow 3%

Medicaid & Medicare Billing
up arrow 2%

Accounts Receivable
up arrow 2%

Insurance
up arrow 1%

Billing
0%

Electronic Medical Records (EMR)
0%

National Average
$31,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 192 votes.

Gender

Female
95 %
Male
5 %

Years of Experience

Less than 1 year
16%
1-4 years
52%
5-9 years
16%
10-19 years
12%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 71% dental benefits Dental: 52%
vision benefits Vision: 42% employee benefits None: 27%
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