Certified Medical Billing Specialists in the United States are largely women. The group as a whole has a nationwide average of $15.00 per hour for pay. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Although one in four lack health benefits of any kind, a fair number do enjoy medical insurance, and the larger part get dental coverage, too. Most workers in this position report high levels of job satisfaction. This report is based on answers to PayScale's salary questionnaire.
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$25,094 - $53,494
(Median)
$25K
$37K
$53K
MEDIAN: $36,908
10%
50%
90%

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$10.62 - $20.41
(Median)
$11
$15
$20
MEDIAN: $15.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$18K$36K$54K
Salary
$25,094 - $53,494  
   
Bonus
$98.99 - $4,075  
Profit Sharing
$1,400  
Commission
$3,000  
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).
)
$23,035 - $46,833  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 399
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$11$22$33
Hourly Rate
$10.62 - $20.41  
   
Overtime
$13.67 - $31.79  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$22K$44K$66K
Bonus
$98.99 - $4,075  
   
Commission
$3,000  
Profit Sharing
$1,400  
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).
)
$23,035 - $46,833  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 1,272
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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 go on to become Medical Coding Auditors may see their salaries climb quite a bit. Median pay for Medical Coding Auditors is $50K annually. Certified Medical Billing Specialists most often move into positions as Certified Professional Coders or Medical Coders; those groups report median salaries that are $5K higher and $3K higher, respectively.

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. Most notably, skills in Current Procedural Terminology Coding, International Statistical Classifications of Diseases - 10 Coding, International Statistical Classifications of Diseases - 9 Coding, and Accounts Receivable are correlated to pay that is above average, with boosts between 6 percent and 10 percent. Skills that seem to negatively impact pay include Claim Handling. Most people who know Billing also know Insurance and Medicaid & Medicare Billing. Most people skilled in Medical Coding are similarly competent in Medicaid & Medicare Billing and Insurance.

Pay by Experience Level for Certified Medical Billing/Coding Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Certified Medical Billing Specialists do not generally earn higher incomes from more experience in the field. Salaries for the relatively untried average out to around $31K, but survey participants with five to 10 years of experience earn a significantly higher median of $36K. On average, Certified Medical Billing Specialists make $39K following one to two decades on the job. More than 20 years of experience mean a somewhat bigger median paycheck of $40K, but it's not much more than what less experienced people make.

Pay Difference by Location

National Average: $32,056

Larger city markers indicate a job is popular in that location.

Chicago is home to an above-average pay rate for Certified Medical Billing Specialists, 14 percent higher than the national average. Certified Medical Billing Specialists will also find cushy salaries in Tampa (+10 percent), New York (+10 percent), Dallas (+10 percent), and San Antonio (+9 percent). St. Louis ranks last in the field for pay, reporting salaries 8 percent below the national average. Houston and Jacksonville are a couple other places where companies are known to pay below the median — salaries tend to be 7 percent less than the median.

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Experience Affects Certified Medical Billing/Coding Specialist Salaries




National Average
$32,000


Skills That Affect Certified Medical Billing/Coding Specialist Salaries

Current Procedural Terminology (CPT) Coding
up arrow 10%


International Statistical Classifications of Diseases - 9 (ICD - 9) Coding
up arrow 6%

Accounts Receivable
up arrow 3%

Medical Coding
up arrow 1%

Billing
0%

Electronic Medical Records (EMR)
0%

Medicaid & Medicare Billing
0%

Insurance
0%

National Average
$32,000

Claim Handling
up arrow 10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 110 votes.

Gender

Female
92 %
Male
8 %

Years of Experience

Less than 1 year
18%
1-4 years
52%
5-9 years
14%
10-19 years
11%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 71%
dental benefits
Dental: 57%
medical benefits
Vision: 50%
dental benefits
None: 25%
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