Medical Billing/Coding Specialist Salary

Most Medical Billing & Coding Specialists in the United States are women. The median pay for people in this role is approximately $15.07 per hour. Location and career length each impact pay for this group, with the former having the largest influence. Most workers in this position report high levels of job satisfaction. More than a third of professionals in this line of work do not receive benefits; however, more than half report medical coverage and slightly less than one-half claim dental coverage as well. The data in this summary comes from the PayScale salary survey.
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$24,880 - $52,480
$25K
$37K
$52K
MEDIAN: $37,268
10%
50%
90%

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$11.49 - $20.01
$11
$15
$20
MEDIAN: $15.07
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
$24,880 - $52,480  
   
Bonus
$169.68 - $3,091  
Profit Sharing
$1,453  
Commission
$2,675  
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).
)
$24,216 - $44,583  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 125
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
$11.49 - $20.01  
   
Overtime
$14.39 - $30.11  
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
$169.68 - $3,091  
   
Commission
$2,675  
Profit Sharing
$1,453  
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).
)
$24,216 - $44,583  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 605

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United States (change)

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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.

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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.

Common Career Paths for Medical Billing/Coding Specialist


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For Medical Billing & Coding Specialists, progressing to a Medical Billing Manager role may result in a significant raise. On average, a Medical Billing Manager can earn $42K annually. It is not uncommon for a Medical Billing & Coding Specialist to continue on to become a Certified Professional Coder or a Certified Medical Billing Specialist.

Medical Billing/Coding Specialist Job Listings

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Popular Skills for Medical Billing/Coding Specialist


Medical Billing & Coding Specialists generally report applying a varied skill set to their work. Most notably, skills in Accounts Receivable, bill collections, Collections, and Medicaid & Medicare Billing are correlated to pay that is above average. Those educated in Billing tend to be well versed in Insurance and Medicaid & Medicare Billing.

Pay by Experience Level for Medical Billing/Coding Specialist

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


Experience does not seem to be a strong driver of pay increase in this role. Those in the early stages of their career can expect to make around $31K; however, individuals with five to 10 years of experience bring in $35K on average — a distinctly larger sum. Medical Billing & Coding Specialists with one to two decades of relevant experience report an average salary of approximately $37K. Medical Billing & Coding Specialists with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $38K.

Pay Difference by Location

National Average: $32,039

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

Home to some of the best pay for Medical Billing & Coding Specialists, Atlanta offers exceptional salaries, 36 percent above the national average. Medical Billing & Coding Specialists will also find cushy salaries in New York (+28 percent), Los Angeles (+27 percent), Portland (+20 percent), and Dallas (+17 percent). Place of residence plays a huge part in a Medical Billing & Coding Specialist's salary, with Orlando Medical Billing & Coding Specialists earning salaries that are 22 percent less than the national average. Workers in Oklahoma City and San Antonio earn salaries that trail the national average for those in this profession (13 percent less and 9 percent less, respectively).

Related Job Salaries

Key Stats for Medical Billing/Coding Specialist

Gender

Female
94 %
Male
6 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 85 votes.
Less than 1 year
12%
1-4 years
45%
5-9 years
18%
10-19 years
19%
20 years or more
6%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Medical Billing/Coding Specialist Salaries

▲19%

▲16%

▲8%

National Average
$32,000

▼4%

Skills That Affect Medical Billing/Coding Specialist Salaries

Accounts Receivable
▲14%


▲3%

▲1%



Medical Coding
▼0%

Insurance
▼0%

National Average
$32,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 85 votes.

Gender

Female
94 %
Male
6 %

Years of Experience

Less than 1 year
12%
1-4 years
45%
5-9 years
18%
10-19 years
19%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 61%
dental benefits
Dental: 47%
vision benefits
Vision: 39%
dental benefits
None: 35%
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