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Certified Medical Billing/Coding Specialist Salary

Most Certified Medical Billing Specialists in the United States are women. The workforce as a whole earns a median of approximately $14.54 per hour. In the world of Certified Medical Billing Specialists, overall cash allowance can occasionally include more than $2K from bonuses and, in some exceptional cases, $5K from profit sharing, causing incomes to vary widely between $21K and $45K. Experience level is the biggest factor affecting pay for this group, followed by geography. Health benefits are not enjoyed by everyone in this line of work, and nearly one in four lack any coverage at all. Medical benefits are reported by a strong majority and dental coverage is claimed by a little over a half. Job satisfaction is reported as high by the vast majority of workers. This report is based on answers to PayScale's salary questionnaire.
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$23,780 - $51,622
(Median)
$24K
$36K
$52K
MEDIAN: $35,686
10%
50%
90%

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$10.15 - $19.63
(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
$23,780 - $51,622  
   
Bonus
$0.00 - $1,924  
Profit Sharing
$375.00 - $5,000  
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).
)
$21,449 - $44,954  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 383
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 - $19.63  
   
Overtime
$3.30 - $30.19  
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 - $1,924  
   
Profit Sharing
$375.00 - $5,000  
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).
)
$21,449 - $44,954  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 1,238

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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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Certified Medical Billing Specialists who advance into the role of a Medical Billing Manager are fairly uncommon. Medical Billing Managers on average earn $41K per year. 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


Certified Medical Billing Specialists report using a wide range of professional skills. Most notably, skills in Medical Coding, Medicaid & Medicare Billing, Accounts Receivable, and Insurance are correlated to pay that is above average. Most people experienced in Insurance also know 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.


For Certified Medical Billing Specialists, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. 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 bring in $38K after working for 10 to 20 years. Veterans who have worked for more than two decades do tend to make the most in the end; the median pay for this group is $42K.

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 can also look forward to large paychecks in cities like Phoenix (+8 percent), New York (+6 percent), Los Angeles (+6 percent), and Orlando (+4 percent). The smallest paychecks in the market, 13 percent south of the national average, can be found in Jacksonville. Not at the bottom but still paying below the median are employers in St. Louis and San Antonio (6 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 3%

Accounts Receivable
up arrow 2%

Insurance
up arrow 1%

Billing
up arrow 1%

Electronic Medical Records (EMR)
0%

National Average
$31,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 189 votes.

Gender

Female
95 %
Male
5 %

Years of Experience

Less than 1 year
15%
1-4 years
51%
5-9 years
16%
10-19 years
12%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 70% dental benefits Dental: 52%
vision benefits Vision: 42% employee benefits None: 27%