Medical Billing/Coding Specialist Salary

Most Medical Billing & Coding Specialists in the United States are women. The median pay for people in this role is approximately $14.59 per hour. Residence and career duration each impact pay for this group, with the former having the largest influence. Although a majority have medical coverage and more than two-fifths have dental coverage, roughly one in three claim no health benefits at all. Most Medical Billing & Coding Specialists report high levels of job satisfaction. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$23,635 - $50,302
(Median)
$24K
$35K
$50K
MEDIAN: $34,782
10%
50%
90%

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$10.18 - $19.59
(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
$23,635 - $50,302  
   
Bonus
$0.00 - $1,518  
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 - $43,189  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 184
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
$10.18 - $19.59  
   
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 - $1,518  
   
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 - $43,189  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 826
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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 may progress into high-paying roles like Medical Billing Manager, where median compensation is $41K annually. 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 report using a diverse set of skills on the job. Most notably, skills in Electronic Medical Records, Collections, Medical Coding, and Insurance are correlated to pay that is above average. Most people familiar with 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.


For many Medical Billing & Coding Specialists, extensive experience does not lead to significantly more money. Respondents with less than five years' experience take home $29K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $33K. Medical Billing & Coding Specialists bring in $35K after working for 10 to 20 years. Medical Billing & Coding Specialists who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $37K.

Pay Difference by Location


For Medical Billing & Coding Specialists, New York provides a pay rate that is 28 percent greater than 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). Oklahoma City is the lowest-paying area, 10 percent south of the national average. Workers in Orlando and Jacksonville earn salaries that trail the national average for those in this profession (9 percent less and 7 percent less, respectively).

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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
18%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 63% dental benefits Dental: 45%
vision benefits Vision: 34% employee benefits None: 32%
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