Medical Billing/Coding Specialist Salary

Women account for the majority of Medical Billing & Coding Specialists in the United States. The entire group has an average salary of $14.60 per hour. Geography and tenure each impact pay for this group, with the former having the largest influence. Not all workers are lucky enough to have benefits; in fact, slightly less than a third are without coverage. Medical insurance is claimed by a majority and dental insurance is reported by more than two-fifths. Work is enjoyable for Medical Billing & Coding Specialists, who typically claim high levels of job satisfaction. This overview is based on answers to PayScale's salary questionnaire.
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$23,631 - $50,128
(Median)
$24K
$35K
$50K
MEDIAN: $34,733
10%
50%
90%

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$10.19 - $19.60
(Median)
$10
$15
$20
MEDIAN: $14.00
10%
50%
90%

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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
$23,631 - $50,128  
   
Bonus
$0.00 - $1,500  
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).
)
$21,497 - $43,114  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 181
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
$10.19 - $19.60  
   
Hourly Tips
$0.00 - $0.00  
Overtime
$7.73 - $28.12  
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 - $1,500  
   
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).
)
$21,497 - $43,114  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 829
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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 & Coding Specialists, progressing to a Medical Billing Manager role may result in a significant raise. On average, a Medical Billing Manager can earn $41K annually. A Certified Professional Coder or a Certified Medical Billing Specialist is a typical transition from a Medical Billing & Coding Specialist role.

Medical Billing/Coding Specialist Job Listings

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Popular Skills for Medical Billing/Coding Specialist


Survey results suggest that Medical Billing & Coding Specialists put a wide range of professional skills to use. Most notably, skills in Electronic Medical Records, Collections, Medical Coding, and Insurance are correlated to pay that is above average. Most people skilled in Billing are similarly competent in 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 & Coding Specialists, experience does not seem to be a major factor in determining pay. Those in the early stages of their career can expect to make around $29K; however, individuals with five to 10 years of experience bring in $33K on average — a distinctly larger sum. Medical Billing & Coding Specialists bring in $35K after working for 10 to 20 years. After two decades in the workforce, the average Medical Billing & Coding Specialist generally earns more than ever; median pay for this group is estimated at $37K.

Pay Difference by Location


Home to some of the best pay for Medical Billing & Coding Specialists, New York offers exceptional salaries, 34 percent above the national average. Medical Billing & Coding Specialists will also find cushy salaries in Portland (+23 percent), Chicago (+12 percent), Austin (+4 percent), and Atlanta (+3 percent). The smallest paychecks in the market, 10 percent south of the national average, can be found in Oklahoma City. Employers also pay below the national average in Birmingham (10 percent lower) and Orlando (9 percent lower).

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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%

Collections
up arrow 3%

Billing
up arrow 2%

Insurance
up arrow 2%

Medicaid & Medicare Billing
up arrow 1%

National Average
$31,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 147 votes.

Gender

Female
96 %
Male
4 %

Years of Experience

Less than 1 year
11%
1-4 years
44%
5-9 years
19%
10-19 years
17%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 63% dental benefits Dental: 45%
vision benefits Vision: 34% employee benefits None: 31%
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