Medical Billing Clerk Salary
Job Description for Medical Billing Clerk
Medical billing clerks are responsible for all aspects of medical billing and payments. This primarily involves working with patients to collect payment on outstanding medical bills. They answer patient questions regarding repayment methods and billing disputes, as well as work with insurance companies, Medicare, and Medicaid to collect payment on medical bills and post received funds to hospital accounts. Medical billing clerks analyze older billing records and make recommendations for payment recovery; they may refer bills for collection after exhausting all attempts to contact patients. They manage billing records (ensuring the accuracy of all information) and work with aged trial balance (ATB) reports to manage claims.Read More...
Medical billing clerks work part time or full time in a hospital office environment. The majority of their time is spent working with billing records and patients to resolve disputes, answer inquiries, and collect payments. They work closely with medical personnel to ensure proper billing, checking that all appropriate procedures and no erroneous charges are included in the final bill presented to the patient. They present information and reports regarding outstanding and completed billings to senior hospital staff.
Medical billing clerks must hold a high school diploma or equivalent. Typically, this is an entry-level position. Some senior positions may require an associate’s degree in business, accounting, or a related field or a year or more working as a billing clerk. Medical billing clerks must have excellent customer service skills; proficiency in accounting software and practices, as well as knowledge of insurance procedures, is desired.
Medical Billing Clerk Tasks
- Verify accuracy of billing data and revise any errors.
- Review and retain medical records in order to compute fees and charges due.
- Prepare bills or invoices, and record amount due for medical procedures and services.
- Contact patients in order to obtain or relay account information.
Common Career Paths for Medical Billing Clerk
Biller, Medical Office Job Listings
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Popular Skills for Medical Billing Clerk
Medical Billing Clerks seem to require a rather large skill set. Most notably, skills in Customer Service, bill collections, Accounts Receivable, and Billing are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Microsoft Office, Medicaid & Medicare Billing, and Medical Coding. Most people familiar with Billing also know Medicaid & Medicare Billing and Accounts Receivable.
Pay by Experience Level for Medical Billing Clerk
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Medical Billing Clerks with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Salaries for the relatively untried average out to around $28K, but survey participants with five to 10 years of experience earn a significantly higher median of $30K. On average, Medical Billing Clerks make $31K following one to two decades on the job. Medical Billing Clerks with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $32K.
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