Medical Auditor Salary
Women comprise the majority of Medical Auditors in the United States. Individuals in this line of work make around $20.16 per hour on average. For the most part, Medical Auditors enjoy their work and report high levels of job satisfaction. A large number report receiving medical coverage from their employers and a majority collect dental insurance.
|Salary||$39,093 - $83,336|
|Bonus||$0.00 - $7,757|
|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).)
|$30,386 - $73,060|
|Hourly Rate||$13.22 - $28.15|
|Overtime||$22.41 - $65.45|
|Bonus||$0.00 - $7,757|
|Total Pay (||$30,386 - $73,060|
Job Description for Medical Auditor
The job of a medical auditor will require individuals to look at various documents, billing, records, coding records, and other data. They then perform an audit, making sure that they follow industry regulations and are in compliance. What the auditor usually does is come in after medical coders do the billing and check to ensure that whatever was coded is accurate, necessary, and compliant. They will also ensure that the coders are using the right codes and following the regulations laid out by the government. They are essential, as they uncover or fix mistakes that can save the healthcare company money.Read More...
People who work as a medical auditor will need to have excellent communication skills and be very good at analyzing and organizing data. They will sometimes be required to work together as a team, so this should also be a strong point. The educational requirements for a medical auditor will require individuals to have a bachelor’s degree. A lot of auditors have degrees in health administration, health services, and business administration. Aside from having a bachelor’s, auditors are also required to be certified. These certifications will depend on the state of practice. Many companies will look for auditors who have 3-5 years of experience in medical coding or medical administrative work.
Medical Auditor Tasks
- Enter data, such as history and extent of disease, diagnostic procedures and treatment into computer.
- Compile, abstract and maintain patients' medical records to document condition and treatment.
- Prepare detailed reports on audit findings.
- Examine and evaluate audit results, recommending controls to ensure system reliability and data integrity.
- Review and audit medical records and patient claims, ensuring clinical data concurs with the claim.
Pay by Experience Level for Medical Auditor
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Workers in their first five years can expect to earn $44K, but people who have been around for five to 10 years earn a noticeably bigger sum of $49K. Medical Auditors with one to two decades of relevant experience report an average salary of approximately $49K. Respondents who boast more than 20 years of experience can't seem to boast paychecks reflecting that extensive experience, though; veteran Medical Auditors report making only $46K on average.
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Key Stats for Medical Auditor
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