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Medical Billing/Coding Specialist Salary (United States)

Women comprise the majority of Medical Billing & Coding Specialists in the United States. Individuals in this line of work make around $14.38 per hour on average. Geographic location is the biggest factor affecting pay for this group, followed by years of experience. Unfortunately, some people in this line of work are without benefits — close to one-third lack coverage. On the flip side, a majority have medical insurance and just over two-fifths receive dental plans. Job satisfaction is high and work is enjoyable for most Medical Billing & Coding Specialists. This report is based on responses to the PayScale salary survey.
Medical Billing/Coding Specialist Salary (?
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.
)
$23,470 - $49,960
(Median)
23K
29K
35K
41K
50K
MEDIAN: $35,243
10%
25%
50%
75%
90%
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Medical Billing/Coding Specialist Salary (?
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.
)
$10.17 - $18.95
(Median)
10
12
14
16
19
MEDIAN: $14.00
10%
25%
50%
75%
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
$23,470 - $49,960  
   
Bonus
$0.00 - $1,501  
Profit Sharing
$325.00 - $2,386  
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).
)
$21,443 - $42,313  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 158
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 - $18.95  
   
Hourly Tips
$0.00 - $-0.49  
Overtime
$8.00 - $28.02  
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 - $1,501  
   
Profit Sharing
$325.00 - $2,386  
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).
)
$21,443 - $42,313  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 778
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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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Compensation may increase greatly for Medical Billing & Coding Specialists who advance to upper-end positions like Medical Billing Manager. Median pay for Medical Billing Managers is $41K per year. Becoming a Certified Medical Billing Specialist or a Certified Professional Coder is often the next step for a Medical Billing & Coding 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 wide range of professional skills. Most notably, skills in Electronic Medical Records , Collections, Medical Coding, and Insurance are correlated to pay that is above average, with boosts of 4 percent, 3 percent, 3 percent, and 3 percent, respectively. 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.
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. Although individuals who have less than five years' experience earn $29K on average, people with five to 10 years benefit from a notably larger average of $32K. Medical Billing & Coding Specialists with one to two decades of relevant experience report an average salary of approximately $35K. Medical Billing & Coding Specialists with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $36K. Between one and nine years is the typical spectrum of experience for those in this line of work — of those who took the survey, more than half land within it. Experienced employees who have 10-20 years of experience make up slightly less than a fifth of the workforce; inexperienced individuals who have been working for less than one year comprise less than one-tenth, and senior people with more than 20 years under their belt fill out the remaining fewer than one in ten.

Pay Difference By Location

Chicago
up arrow 10%
Atlanta
up arrow 3%
Dallas
0%
National Average
$31,000
San Antonio
up arrow 2%
Tampa
up arrow 4%
Orlando
up arrow 7%
Houston
up arrow 15%
Oklahoma City
up arrow 18%
Larger circles over a city indicate a job is popular in that location.
Chicago is home to an above-average pay rate for Medical Billing & Coding Specialists, 10 percent higher than the national average. Medical Billing & Coding Specialists will also find cushy salaries in Atlanta (+3 percent). Trailing the national average by 18 percent, Oklahoma City is the market with the smallest paychecks. Workers in Houston and Orlando earn salaries that trail the national average for those in this profession (15 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%
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 Image
Highly satisfied
Rated 4 out of 5 based on 140 votes.

Gender

Female
95%
female alumni
 
Male
5%
male alumni

Years of Experience

Less than 1 year
8%
1-4 years
44%
5-9 years
20%
10-19 years
19%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 62% dental benefits Dental: 42%
vision benefits Vision: 32% employee benefits None: 34%