Medical Billing/Coding Specialist Salary

Medical Billing & Coding Specialists in the United States are largely female. The average salary of the entire group is approximately $14.64 per hour. Location is the biggest factor affecting pay for this group, followed by experience level. Work is enjoyable for Medical Billing & Coding Specialists, who typically claim high levels of job satisfaction. Health benefits are not claimed by all — roughly one in three lack any form of coverage — but a majority have medical insurance, and just over two-fifths have dental, too. This overview is based on answers to PayScale's salary questionnaire.
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$23,681 - $50,053

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$10.22 - $19.64

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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$17K$34K$51K
Salary
$23,681 - $50,053  
   
Bonus
$0.00 - $1,484  
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).
)
$21,591 - $43,134  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 184
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$10$20$30
Hourly Rate
$10.22 - $19.64  
   
Hourly Tips
$0.00 - $0.00  
Overtime
$7.73 - $28.12  
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$20K$40K$60K
Bonus
$0.00 - $1,484  
   
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).
)
$21,591 - $43,134  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 837
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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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As Medical Billing & Coding Specialists transition into upper-level roles such as Medical Billing Manager, they may see a strong upturn in salary. Medical Billing Managers earn $41K on average per year. Becoming a Certified Professional Coder or a Certified Medical Billing Specialist 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 pretty varied skill set on the job. Most notably, skills in Electronic Medical Records, Collections, Insurance, and Medical Coding are correlated to pay that is above average. Those educated in Billing tend to be well versed 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.


Experience does not seem to be a strong driver of pay increase in this role. Relatively untried employees who have less than five years' experience make $30K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $33K. For Medical Billing & Coding Specialists, 10 to 20 years of experience on the job amounts to an average salary of $35K. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $36K, demonstrating that compensation is roughly commensurate with experience in the end.

Pay Difference by Location


Surpassing the national average by 28 percent, Medical Billing & Coding Specialists in New York receive some of the highest pay in the country. Medical Billing & Coding Specialists can also look forward to large paychecks in cities like Portland (+23 percent), Chicago (+12 percent), Austin (+3 percent), and Atlanta (+3 percent). Those in the field find the lowest salaries in Oklahoma City, 10 percent below the national average. Below-median salaries also turn up in Birmingham and Orlando (10 percent lower and 8 percent lower, 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
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
43%
5-9 years
20%
10-19 years
18%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 63% dental benefits Dental: 45%
vision benefits Vision: 35% employee benefits None: 32%
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