Certified Medical Billing/Coding Specialist Salary (United States)

Women make up the vast majority of Certified Medical Billing Specialists in the United States. The average pay in this industry is approximately $14.45 per hour. Compensation generally starts at $10.10 per hour and does not exceed $19.66. Residency is the biggest factor affecting pay for this group, followed by career length. Although most have medical coverage and more than half have dental coverage, 27 percent claim no health benefits at all. Most Certified Medical Billing Specialists like their work and job satisfaction is high. This report is based on responses to the PayScale salary survey.
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%
Add this chart to your site: 640px    300px

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  
PayScale
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  
PayScale
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 not commonly found, Certified Medical Billing Specialists who move on to become Medical Billing Managers bring in an additional $9,794 annually. Certified Medical Billing Specialists most often move into positions as Certified Professional Coder (CPC)s or Certified Medical Coders, where they can expect an extra $4,087 or $2,861 per year.

Certified 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. Those who have experience with Medical Coding can expect to be compensated well for these skills, typically earning 4 percent more than the national average, respectively. Most people skilled in Insurance are similarly competent 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, experience in the field does not tend to play a major role in salary decisions; in general, pay does not go up drastically with more experience, and earnings grow incrementally instead. Starting out, salaries fall in the $30K range but grow to $34K after five to 10 years. After spending one to two decades on the job, pay usually hovers around $38K. Though salary increases are not as strong, pay continues to grow slightly for Certified Medical Billing Specialists after two decades on the job, and average earnings come to $42K. Experienced employees who have 10-20 years of experience make up 14 percent of the workforce; inexperienced individuals who have been working for less than one year comprise 14 percent, and senior people with more than 20 years under their belt fill out the remaining 5 percent. Between one and nine years is the typical spectrum of experience for those in this line of work—of those who took the survey, more than half land within it.

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.
For Certified Medical Billing Specialists, location is an influential factor in determining pay. American cities to the east—Baltimore, Washington, and New York—all offer salaries upward of the national average; in fact, these names represent the highest-paid cities for Certified Medical Billing Specialists in the country. Those in the field find the lowest salaries in Oklahoma City, 17 percent below the national average. Employers also pay below the national average in Cincinnati (-10 percent) and Philadelphia (-7 percent).

Related Job Salaries

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%
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