Medical Biller Salary
Most Medical Billers in the United States are women. The median pay for people in this role is approximately $15.23 per hour. Cash earnings for Medical Billers — including $3K in bonuses and $5K in profit sharing proceeds near the top of the pay scale — generally stretch from $24K to $43K depending on individual performance. Earnings for this group are mostly affected by residence, followed by career duration and the individual firm. Most Medical Billers report high levels of job satisfaction. Although more than a third lack health benefits of any kind, a majority do enjoy medical insurance, and more than two-fifths get dental coverage, too. The data for this synopsis comes from respondents who took the PayScale salary survey.
Job Description for Medical Biller
Medical billers are responsible for the billing and collection of medical debts. They work in an administrative capacity to ensure that patients are billed swiftly, accurately and with as much clarity as possible. Every time a patient receives medical attention, the appropriate payments are tallied up by the biller and issued in the appropriate format (by mail, online, or a combination of both). It's very important for medical billers to be able to understand the varying complexities of medical billing; this extends to different types of insurance plans, government assisted programs (Medicaid, Medicare, etc.), and how other discounts are applied to different groups of people. A strong understanding in this field will ensure that the billing is accurate, and easily fixed in the event of an error.Read More...
Medical billers work in the administrative department of a hospital, or in some cases, a separate building dedicated to the clerical jobs of the hospital. Many hospitals prefer to have billers working on the premises as it allows for easier internal communication over logistical problems that do/can occur daily. Medical biller should be able to show strong interpersonal skills with patients and with other members of staff as this type of position frequently requires patience and an ability to work through systematic problems. They can also expect to work with a range of people who deal with running a hospital--from project managers to customer support staff.
Employers will look for applicants who have passed the CMRS exam. This is an exam awarded by the American Medical Billing Association that helps potential billers equip themselves with a qualification designed specifically to showcase an ability in the field. Additionally, it's highly desirable for applicants to possess strong logistical skills, along with industry standard computer software literacy and a firm understanding of medical legality.
As hospitals are open 24 hours a day, 7 days a week, some may find that certain roles at a hospital will require flexible working hours. However, as this is a clerical position, it's still somewhat normal for a medical biller to work during usual business hours.
Medical Biller Tasks
- Verify accuracy of billing data and revise any errors.
- Review and retain medical records in order to compute fees and charges due.
- Prepare bills or invoices, and record amount due for medical procedures and services.
- Contact patients in order to obtain or relay account information.
Common Career Paths for Medical Biller
Though not the most common occurrence, Medical Billers sometimes become Billing Managers, where the average income is $46K per year. Many Medical Billers advance into roles as Medical Billing Specialists or Medical Office Billers, but the median salaries are $1K lower and $2K lower, respectively.
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Popular Skills for Medical Biller
Medical Billers report using a deep pool of skills on the job. Most notably, skills in bill collections, Accounts Receivable, Medicare, and Medical Coding are correlated to pay that is above average. Those who learned Insurance also tend to know Medicaid & Medicare Billing and Accounts Receivable. Those educated in Billing tend to be well versed in Accounts Receivable and Medicaid & Medicare Billing.
Pay by Experience Level for Medical Biller
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Medical Billers do not generally earn higher incomes from more experience in the field. Respondents with less than five years' experience take home $30K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $34K. Medical Billers who work for 10 to 20 years in their occupation tend to earn about $36K. Medical Billers who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $38K.
Pay Difference by Location
Seattle is home to an above-average pay rate for Medical Billers, 15 percent higher than the national average. Medical Billers will also find cushy salaries in Houston (+13 percent), New York (+10 percent), Dallas (+10 percent), and Las Vegas (+8 percent). Richmond is the lowest-paying area, 9 percent south of the national average. Below-median salaries also turn up in San Antonio and Tampa (8 percent lower and 5 percent lower, respectively).
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