Medical Billing/Coding Specialist Salary (United States)

Medical Billing Specilists in the United States are largely female. The average salary of the entire group is approximately $14.38 per hour. Pay generally spreads from $10.17 per hour to $18.95. Residency and experience level each impact pay for this group, with the former having the largest influence. Not all workers are lucky enough to have benefits; in fact, about a third are without coverage. Medical insurance is claimed by a majority and dental insurance is reported by 42 percent. The majority of workers are highly satisfied with their job. The information for this snapshot was generated by responses to the PayScale salary survey.
Medical Billing/Coding Specialist Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$23,470 - $49,960
(Median)
23K
29K
35K
41K
50K
MEDIAN: $35,243
10%
25%
50%
75%
90%
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Medical Billing/Coding Specialist Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$10.17 - $18.95
(Median)
10
12
14
16
19
MEDIAN: $14.00
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$17K$34K$51K
Salary
$23,470 - $49,960  
   
Bonus
$0.00 - $1,501  
Profit Sharing
$325.00 - $2,386  
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).
)
$21,443 - $42,313  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 158
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$10$20$30
Hourly Rate
$10.17 - $18.95  
   
Hourly Tips
$0.00 - $-0.49  
Overtime
$8.00 - $28.02  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$20K$40K$60K
Bonus
$0.00 - $1,501  
   
Profit Sharing
$325.00 - $2,386  
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).
)
$21,443 - $42,313  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 778
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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
  • 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 Medical Billing/Coding Specialist

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For Medical Billing Specilists, career advancement has a positively large impact on pay. Approaching the top of the pay scale, a Medical Billing Manager will earn $10,136 more than someone not as far along in their career. Becoming a Certified Medical Billing Specialist or a Certified Professional Coder (CPC) is a common transition from a Medical Billing Specilist role.

Medical Billing/Coding Specialist Job Listings

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Popular Skills for Medical Billing/Coding Specialist

Survey results show that Medical Billing Specilists use a fair number of skills. Most notably, skills in Electronic Medical Records (EMR), Collections, Medical Coding, and Insurance are correlated to pay that is above average, with boosts of 4 percent, 3 percent, 3 percent, and 3 percent, respectively. For most people, competency in Billing indicates knowledge of Medical Coding 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.
For Medical Billing Specilists, experience in the field does not tend to play a major role in salary decisions; in general, pay does not go up drastically with more experience, and earnings grow incrementally instead. Though starting salaries approximate $29K, they climb to $33K after five to 10 years. Pay amounts to $35K after 10 to 20 years. Salaries grow more slowly as Medical Billing Specilists approach the 20-year mark, when the pay stabilizes at $36K. Experienced employees who have 10-20 years of experience make up 19 percent of the workforce; inexperienced individuals who have been working for less than one year comprise less than 10, and senior people with more than 20 years under their belt fill out the remaining less than 10. One to nine years of experience is standard for most employees in this area; more than half of respondents fit between this range.

Pay Difference By Location

Chicago
up arrow 10%
Atlanta
up arrow 3%
Dallas
0%
National Average
$31,000
San Antonio
up arrow 2%
Tampa
up arrow 4%
Orlando
up arrow 7%
Houston
up arrow 15%
Oklahoma City
up arrow 18%
Larger circles over a city indicate a job is popular in that location.
For Medical Billing Specilists, busy Chicago offers a higher-than-average pay rate, 10 percent above the national average. Medical Billing Specilists will also find cushy salaries in Atlanta (+3 percent). Oklahoma City is the lowest-paying area, 18 percent south of the national average. Workers in Houston and Orlando earn salaries that trail the national average for those in this profession (-15 percent and -7 percent).

Related Job Salaries

Experience Affects Medical Billing/Coding Specialist Salaries

National Average
$31,000

Skills That Affect Medical Billing/Coding Specialist Salaries

Electronic Medical Records (EMR)
up arrow 4%
Medical Coding
up arrow 3%
Insurance
up arrow 3%
Collections
up arrow 3%
Billing
up arrow 2%
Medicaid & Medicare Billing
up arrow 1%
National Average
$31,000

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 140 votes.

Gender

Female
95%
female alumni
 
Male
5%
male alumni

Years of Experience

Less than 1 year
8%
1-4 years
44%
5-9 years
20%
10-19 years
19%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 62% dental benefits Dental: 42%
vision benefits Vision: 32% employee benefits None: 34%
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