Most Medical Billing & Coding Specialists in the United States are women. The median pay for people in this role is approximately $15.04 per hour. Residence is the biggest factor affecting pay for this group, followed by experience level. Job satisfaction for Medical Billing & Coding Specialists is high. While over a third report receiving no health benefits, the greater part do receive medical coverage, and slightly less than one-half have dental, as well. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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$24,721 - $51,372
$25K
$37K
$51K
MEDIAN: $36,571
10%
50%
90%

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$11.23 - $20.07
$11
$15
$20
MEDIAN: $15.00
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$18K$36K$54K
Salary
$24,721 - $51,372  
   
Bonus
$169.68 - $2,782  
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).
)
$23,920 - $44,298  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 136
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
$11.23 - $20.07  
   
Overtime
$15.08 - $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 - $2,782  
   
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).
)
$23,920 - $44,298  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 620

Find Out Exactly What You Should Be Paid

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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At the upper end, Medical Billing & Coding Specialists who move into a Medical Billing Manager role can end up with a hefty increase in pay. The average income for Medical Billing Managers is a much higher $42K per year. It is not unusual for a Medical Billing & Coding Specialist 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 seem to require a number of specific skills. Most notably, skills in Accounts Receivable, bill collections, Collections, and Medicaid & Medicare Billing are correlated to pay that is above average. It is often found that people who know Billing are also skilled 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.


Medical Billing & Coding Specialists with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. 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 $35K. On average, Medical Billing & Coding Specialists make $37K following one to two decades on the job. Veterans who have acquired more than 20 years report a median income of $40K, which is generally higher than the pay reported by other tenure groups.

Pay Difference by Location

National Average: $31,993

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

Home to some of the best pay for Medical Billing & Coding Specialists, New York offers exceptional salaries, 28 percent above the national average. Medical Billing & Coding Specialists can also look forward to large paychecks in cities like Los Angeles (+27 percent), Portland (+20 percent), Dallas (+17 percent), and Chicago (+9 percent). One of the biggest compensable factors for Medical Billing & Coding Specialists is geography, with workers in Orlando earning a whopping 24 percent below the national average. Below-median salaries also turn up in Oklahoma City and San Antonio (13 percent lower and 9 percent lower, respectively).

Related Job Salaries

Key Stats for Medical Billing/Coding Specialist

Gender

Female
96 %
Male
4 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 78 votes.
Less than 1 year
13%
1-4 years
44%
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




National Average
$32,000


Skills That Affect Medical Billing/Coding Specialist Salaries

Accounts Receivable
up arrow 15%






up arrow 1%


National Average
$32,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 78 votes.

Gender

Female
96 %
Male
4 %

Years of Experience

Less than 1 year
13%
1-4 years
44%
5-9 years
18%
10-19 years
19%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 62%
dental benefits
Dental: 46%
vision benefits
Vision: 39%
dental benefits
None: 35%
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