Women account for the majority of Medical Billing & Coding Specialists in the United States. The entire group has an average salary of $14.98 per hour. Residence is the biggest factor affecting pay for this group, followed by tenure. Some workers in this field — nearly one in three — are not awarded benefits. Medical coverage is reported by the larger part and dental plans are enjoyed by just under one-half. Job satisfaction is high and work is enjoyable for most Medical Billing & Coding Specialists. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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$24,518 - $50,551
(Median)
$25K
$35K
$51K
MEDIAN: $35,498
10%
50%
90%

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$11.15 - $20.08
(Median)
$11
$15
$20
MEDIAN: $14.00
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$17K$34K$51K
Salary
$24,518 - $50,551  
   
Bonus
$154.56 - $2,643  
Profit Sharing
$1,200  
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).
)
$23,710 - $43,618  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 137
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
$11.15 - $20.08  
   
Overtime
$15.06 - $30.19  
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
$154.56 - $2,643  
   
Profit Sharing
$1,200  
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).
)
$23,710 - $43,618  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 610
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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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Medical Billing & Coding Specialists who transition into a Medical Billing Manager role may receive large pay increases as the latter position pays an average $42K per year. 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 report using a pretty varied skill set on the job. Most notably, skills in Accounts Receivable, bill collections, Collections, and Electronic Medical Records are correlated to pay that is above average, with boosts between 4 percent and 15 percent. Those familiar with Billing also tend to know 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.


For Medical Billing & Coding Specialists, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. The average worker who claims fewer than five years of experience earns around $30K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $34K. Medical Billing & Coding Specialists who work for 10 to 20 years in their occupation tend to earn about $36K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $38K on average.

Pay Difference by Location

National Average: $31,739

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

Surpassing the national average by 28 percent, Medical Billing & Coding Specialists in New York receive some of the highest pay in the country. Medical Billing & Coding Specialists can also look forward to large paychecks in cities like Portland (+21 percent), Dallas (+18 percent), Chicago (+10 percent), and Tampa (+2 percent). Medical Billing & Coding Specialists in Orlando take home the lowest salaries, earning a whopping 22 percent less than the national average. Workers in Jacksonville and Oklahoma City earn salaries that trail the national average for those in this profession (13 percent less and 12 percent less, respectively).

Related Job Salaries

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Experience Affects Medical Billing/Coding Specialist Salaries




National Average
$32,000


Skills That Affect Medical Billing/Coding Specialist Salaries

Accounts Receivable
up arrow 15%


Collections
up arrow 4%

Insurance
up arrow 2%

Medicaid & Medicare Billing
up arrow 2%

Electronic Medical Records (EMR)
up arrow 2%

Billing
up arrow 1%

Medical Coding
0%

National Average
$32,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 77 votes.

Gender

Female
96 %
Male
4 %

Years of Experience

Less than 1 year
14%
1-4 years
45%
5-9 years
18%
10-19 years
18%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 64%
dental benefits
Dental: 47%
medical benefits
Vision: 40%
dental benefits
None: 33%
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