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Medical Billing Specialist Salary

A Medical Billing Specialist earns an average wage of $14.67 per hour.
$24,171 - $46,484
(Median)
$24K
$34K
$46K
MEDIAN: $33,549
10%
50%
90%

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$11.12 - $18.89
(Median)
$11
$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$16K$32K$48K
Salary
$24,171 - $46,484  
   
Bonus
$0.00 - $1,474  
Profit Sharing
$100.00 - $5,122  
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).
)
$23,640 - $41,185  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 447
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
$11.12 - $18.89  
   
Overtime
$8.30 - $27.56  
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 - $1,474  
   
Profit Sharing
$100.00 - $5,122  
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).
)
$23,640 - $41,185  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 2,782
United States (change)

Job Description for Medical Billing Specialist

Hospitals and other medical operations simply cannot afford to operate unless the bills that they issue are paid. Medical billing specialists ensure that patients have access to bills and understand their options for payment. Billing services can be complicated and a medical billing specialist may need to sit down with a patient and explain what the terms mean. To work as a medical billing specialist, one is usually only required to have a high school diploma or equivalent. Other job requirements are being adept with computer usage and being able to understand different types of documents. Basic math skills are necessary along with the ability to effectively communicate with patients.

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Medical Billing Specialist Tasks

  • Prepare bills or invoices, and record amount due for medical procedures and services.
  • Contact patients in order to obtain or relay account information.
  • Verify accuracy of billing data and revise any errors.
  • Review and retain medical records in order to compute fees and charges due.

Common Career Paths for Medical Billing Specialist


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Popular Skills for Medical Billing Specialist

Pay by Experience Level for Medical Billing Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference by Location

Related Job Salaries

Experience Affects Medical Billing Specialist Salaries




National Average
$31,000


Skills That Affect Medical Billing Specialist Salaries

Medical Coding
up arrow 3%

Accounts Receivable
up arrow 2%

Insurance
up arrow 2%

Collections
up arrow 2%

Billing
up arrow 1%

Knowledge of Medicaid & Medicare
up arrow 1%

Electronic Medical Records (EMR)
up arrow 1%

Medical Credentialing
up arrow 1%

Claim Handling
0%

Medicaid & Medicare Billing
0%

Medicare
0%

Medical Records
0%

National Average
$31,000

Customer Service
up arrow 1%

Data Entry
up arrow 2%

Medicaid Billing
up arrow 2%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 536 votes.

Gender

Female
95 %
Male
5 %

Years of Experience

Less than 1 year
4%
1-4 years
31%
5-9 years
24%
10-19 years
28%
20 years or more
13%

Common Health Benefits

medical benefits Medical: 68% dental benefits Dental: 48%
vision benefits Vision: 37% employee benefits None: 30%