Medical Billing/Coding Specialist Salary
|Salary||$24,678 - $51,391|
|Bonus||$169.68 - $3,091|
|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).)
|$24,192 - $44,410|
|Hourly Rate||$11.48 - $20.09|
|Overtime||$14.82 - $30.53|
|Bonus||$169.68 - $3,091|
|Total Pay (||$24,192 - $44,410|
Job Description for Medical Billing/Coding Specialist
Medical billing/coding specialists typically works in hospitals, clinics, and other medical facilities. They are responsible for handling billing information and associating bills with patients, and working with physicians and other members of their facility. Some day-to-day responsibilities expected of medical billing/coding specialists include keeping up to date with codes and regulatory standards of the medical industry, assisting with audits, and entering and verifying demographics of patients into the system. They also review and verify codes of diagnosis and procedures that are performed in the facility and update patient information on the computer.Read More...
These individuals typically work full time in an office setting, and they must be able to work at a computer for an extended period of time. However, they may spend some time moving around their office to talk to patients and physicians.
The minimum educational requirement for this position is typically a high school diploma or equivalent. Up to two years of relevant experience may be necessary depending on the employer. A Certified Professional Coder (CPC) certification is also needed. Billing coding specialist must have knowledge of medical terminology and the ability to type quickly. They must also pay attention to detail, have good communication skills, and be able to understand and follow directions.
Medical Billing/Coding Specialist Tasks
- Record and process patient data including treatment records, insurance information, bills, and payments.
- Set-up payment plans for patients.
- Organize and verify patient records, bills, and statements.
- Code patients' diagnoses and requests payment from insurance companies or individuals.
Popular Skills for Medical Billing/Coding Specialist
Pay by Experience Level for Medical Billing/Coding Specialist
Pay by Experience for a Medical Billing/Coding Specialist has a positive trend. An entry-level Medical Billing/Coding Specialist with less than 5 years of experience can expect to earn an average total compensation of $31,000 based on 469 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Medical Billing/Coding Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $35,000 based on 174 salaries. An experienced Medical Billing/Coding Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $37,000 based on 156 salaries. A Medical Billing/Coding Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $38,000 based on 42 salaries.
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