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Medical Billing/Coding Specialist Salary

Women make up the vast majority of Medical Billing & Coding Specialists in the United States. The average pay in this industry is approximately $14.54 per hour. Geographic location and career length each impact pay for this group, with the former having the largest influence. Some workers in this field — just under a third — are not awarded benefits. Medical coverage is reported by a majority and dental plans are enjoyed by more than two-fifths. For the most part, Medical Billing & Coding Specialists enjoy their work and report high levels of job satisfaction. The numbers in this rundown were provided by PayScale's salary survey participants.
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$23,452 - $49,785
(Median)
$23K
$35K
$50K
MEDIAN: $34,840
10%
50%
90%

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$10.17 - $19.38
(Median)
$10
$15
$19
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
$23,452 - $49,785  
   
Bonus
$0.00 - $1,475  
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).
)
$21,435 - $42,817  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 179
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 - $19.38  
   
Hourly Tips
$0.00 - $0.00  
Overtime
$7.55 - $27.81  
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 - $1,475  
   
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).
)
$21,435 - $42,817  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 794

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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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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 $41K per year. A Certified Medical Billing Specialist or a Certified Professional Coder 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


Medical Billing & Coding Specialists generally report applying a varied skill set to their work. Most notably, skills in Electronic Medical Records, Collections, Insurance, and Medical Coding are correlated to pay that is above average. The majority of those who know Billing also know 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.


More years of relevant experience do not necessarily translate to higher paychecks. Survey participants with less than five years' experience pocket $29K on average, but those with five to 10 years of experience enjoy a much bigger median of $33K. Medical Billing & Coding Specialists with one to two decades of relevant experience report an average salary of approximately $35K. Medical Billing & Coding Specialists who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $36K.

Pay Difference by Location


Medical Billing & Coding Specialists will find that New York offers an impressive pay rate, one which exceeds the national average by 24 percent. Medical Billing & Coding Specialists will also find cushy salaries in Chicago (+13 percent) and Austin (+6 percent). Oklahoma City is the lowest-paying area, 10 percent south of the national average. Employers also pay below the national average in Orlando (9 percent lower) and Houston (7 percent lower).

Related Job Salaries

United States (change)

Experience Affects Medical Billing/Coding Specialist Salaries




National Average
$31,000


Skills That Affect Medical Billing/Coding Specialist Salaries


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
Rated 4 out of 5
based on 147 votes.

Gender

Female
96 %
Male
4 %

Years of Experience

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

Common Health Benefits

medical benefits Medical: 63% dental benefits Dental: 44%
vision benefits Vision: 34% employee benefits None: 31%