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Certified Medical Billing/Coding Specialist Salary (United States)

Certified Medical Billing Specialists in the United States are largely women. The group as a whole has a nationwide average of $14.51 per hour for pay. 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 $5K from profit sharing. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Not all workers are lucky enough to have benefits; in fact, about one in four are without coverage. Medical insurance is claimed by a fair number and dental insurance is reported by close to one-half. Job satisfaction is high and work is enjoyable for most Certified Medical Billing Specialists. Participants in PayScale's salary questionnaire provided the particulars of this report.
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.
)
$23,671 - $51,428
(Median)
24K
30K
36K
44K
51K
MEDIAN: $35,606
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.
)
$10.15 - $19.73
(Median)
10
12
15
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
$23,671 - $51,428  
   
Bonus
$0.00 - $1,936  
Profit Sharing
$257.60 - $4,848  
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).
)
$21,464 - $45,384  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 343
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 - $19.73  
   
Overtime
$4.79 - $30.96  
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 - $1,936  
   
Profit Sharing
$257.60 - $4,848  
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).
)
$21,464 - $45,384  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 1,173
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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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Though some Certified Medical Billing Specialists move into positions like Medical Billing Manager (where the average salary is $41K), this progression is not the norm. Career advancement for the typical Certified Medical Billing Specialist often leads to becoming a Certified Professional Coder or a Certified Medical Coder; median salaries in these positions 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 seem to require a number of specific 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.
For Certified Medical Billing Specialists, experience does not seem to be a major factor in determining pay. Average salaries for inexperienced employees average out to around $30K, but folks who have five to 10 years of experience earn a higher median of $34K. Certified Medical Billing Specialists with one to two decades of relevant experience report an average salary of approximately $38K. Certified Medical Billing Specialists who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $44K.

Pay Difference By Location

Baltimore
up arrow 30%
Los Angeles
up arrow 12%
West Palm Beach
up arrow 10%
Phoenix
up arrow 9%
New York
up arrow 9%
Chicago
up arrow 2%
Atlanta
up arrow 1%
National Average
$31,000
up arrow 1%
Birmingham
up arrow 2%
Tampa
up arrow 4%
San Antonio
up arrow 5%
Philadelphia
up arrow 5%
St. Louis
up arrow 6%
Austin
up arrow 9%
Jacksonville
up arrow 12%
Larger circles over a city indicate a job is popular in that location.
Home to some of the best pay for Certified Medical Billing Specialists, Baltimore offers exceptional salaries, 30 percent above the national average. Certified Medical Billing Specialists will also find cushy salaries in Los Angeles (+12 percent), West Palm Beach (+10 percent), New York (+9 percent), and Phoenix (+9 percent). The smallest paychecks in the market, 12 percent south of the national average, can be found in Jacksonville. Two other places where employers offer below-median salaries are Austin (9 percent less) and St. Louis (6 percent less).

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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 2%
Insurance
up arrow 2%
Accounts Receivable
up arrow 2%
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 176 votes.

Gender

Female
95%
female alumni
 
Male
5%
male alumni

Years of Experience

Less than 1 year
14%
1-4 years
52%
5-9 years
16%
10-19 years
13%
20 years or more
5%

Common Health Benefits

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