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Certified Medical Billing/Coding Specialist Salary (United States)

Most Certified Medical Billing Specialists in the United States are women. The median pay for people in this role is approximately $14.45 per hour;. Total cash compensation to Certified Medical Billing Specialists bottoms out near $21K and approaches $45K on the high end; the biggest paychecks include approximately $2K from bonuses and almost $3K from profit sharing. Geography and years of experience each impact pay for this group, with the former having the largest influence. Not all workers are lucky enough to have benefits; in fact, nearly one in four are without coverage. Medical insurance is claimed by a fair portion and dental insurance is reported by nearly one-half. Job satisfaction for Certified Medical Billing Specialists is high. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
Certified Medical Billing/Coding Specialist Salary (?
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.
)
$23,400 - $51,100
(Median)
23K
29K
35K
44K
51K
MEDIAN: $35,446
10%
25%
50%
75%
90%
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Certified Medical Billing/Coding Specialist Salary (?
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.
)
$10.10 - $19.66
(Median)
10
12
14
17
20
MEDIAN: $14.00
10%
25%
50%
75%
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
$23,400 - $51,100  
   
Bonus
$0.00 - $1,982  
Profit Sharing
$391.49 - $2,988  
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).
)
$21,306 - $45,251  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 344
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
$10.10 - $19.66  
   
Overtime
$3.00 - $30.55  
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 - $1,982  
   
Profit Sharing
$391.49 - $2,988  
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).
)
$21,306 - $45,251  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 1,126
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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 usually pays $41K per year. Certified Medical Billing Specialists typically move into roles as Certified Professional Coders or Certified Medical Coders, and those positions pay $4K more and $3K more, respectively.

Medical Billing/Coding Specialist Job Listings

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Popular Skills for Certified Medical Billing/Coding Specialist

Certified Medical Billing Specialists seem to require a number of specific skills. Most notably, skills in Medical Coding, Medicaid & Medicare Billing, Accounts Receivable, and Billing are correlated to pay that is above average. Those proficient in Insurance are, more often than not, also skilled in Medical Coding and Electronic Medical Records (EMR).

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, more experience in the field does not usually mean bigger paychecks. Respondents with less than five years' experience take home $30K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $34K. For Certified Medical Billing Specialists, 10 to 20 years of experience on the job amounts to an average salary of $38K. Certified Medical Billing Specialists who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $43K. Age distribution in this workforce is concentrated between one and nine years of experience; more than half of respondents fall in this range. Experienced employees who have 10-20 years of experience make up nearly one-seventh of the workforce; inexperienced individuals who have been working for less than one year comprise one-seventh, and senior people with more than 20 years under their belt fill out the remaining less than one-tenth.

Pay Difference By Location

Baltimore
up arrow 32%
Washington
up arrow 17%
New York
up arrow 15%
Los Angeles
up arrow 12%
Phoenix
up arrow 9%
Chicago
up arrow 5%
Atlanta
up arrow 1%
National Average
$31,000
up arrow 2%
Birmingham
up arrow 3%
Tampa
up arrow 4%
San Antonio
up arrow 5%
St. Louis
up arrow 6%
Philadelphia
up arrow 7%
Cincinnati
up arrow 10%
Oklahoma City
up arrow 17%
Larger circles over a city indicate a job is popular in that location.
Certified Medical Billing Specialists earn a generous sum in eastern parts of the United States: Baltimore, Washington, and New York each offer salaries above the national average. With compensation 17 percent below the national average, Oklahoma City is not known for hefty paychecks and actually represents the lowest-paying market. Not at the bottom but still paying below the median are employers in Cincinnati and Philadelphia (10 percent lower and 7 percent lower, respectively).

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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 4%
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 Image
Extremely satisfied
Rated 5 out of 5 based on 174 votes.

Gender

Female
95%
female alumni
 
Male
5%
male alumni

Years of Experience

Less than 1 year
14%
1-4 years
51%
5-9 years
16%
10-19 years
14%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 70% dental benefits Dental: 50%
vision benefits Vision: 40% employee benefits None: 27%