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. The pay spectrum stretches from $10.10 per hour to $19.66. With some bonuses approaching $1,982 and certain profit sharing proceeds close to $2,988, overall incomes in the Certified Medical Billing Specialists from $23,400 to $51,100 depending on individual performance. Residency is the biggest factor affecting pay for this group, followed by career length. Unfortunately, some people in this line of work are without benefitsā€”27 percent lack coverage. On the flip side, most have medical insurance and more than half receive dental plans. Job satisfaction for Certified Medical Billing Specialists is high. The figures in this outline were provided by individuals who took 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%
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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Though not the most common occurrence, Certified Medical Billing Specialists who become Medical Billing Managers earn an extra $9,794 per year. When Certified Medical Billing Specialists are ready for the next step in their career, they often become Certified Professional Coder (CPC)s or Certified Medical Coders, where they can expect an additional $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

Survey results show that Certified Medical Billing Specialists use a fair number of 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 many Certified Medical Billing Specialists, experience and pay seem to be weakly connected; experience does not necessarily lead to more money. Though starting salaries approximate $30K, they climb to $34K after five to 10 years. After spending one to two decades on the job, pay usually hovers around $38K. Wages do not stop growing after 20 years on the job but they do accelerate at a slower rate, and Certified Medical Billing Specialists tend to earn $42K at this point in time. 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. Age distribution in this workforce is concentrated between one and nine years of experience; a majority of respondents fall in this range.

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.
Eastern cities like Baltimore, Washington, and New York are lucrative areas for Certified Medical Billing Specialists, where pay is higher than the national average. Trailing the national average by 17 percent, Oklahoma City is the market with the smallest paychecks. Employers pay around -10 percent in Cincinnati and -7 percent in Philadelphia, below-median salaries for those in this field.

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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