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Medical Billing Specialist Salary

A Medical Billing Specialist earns an average wage of $14.76 per hour.

$24,300 - $47,200
(Median)
$24K
$34K
$47K
MEDIAN: $34,255
10%
50%
90%

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$11.20 - $19.02
(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
$24,300 - $47,200  
   
Bonus
$0.00 - $1,498  
Profit Sharing
$289.06 - $5,182  
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).
)
$23,856 - $41,202  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 429
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
$11.20 - $19.02  
   
Overtime
$7.35 - $27.63  
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 - $1,498  
   
Profit Sharing
$289.06 - $5,182  
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).
)
$23,856 - $41,202  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 2,767

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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

United States (change)

Experience Affects Medical Billing Specialist Salaries




National Average
$31,000


Skills That Affect Medical Billing Specialist Salaries

Accounts Receivable
up arrow 2%

Collections
up arrow 2%

Medical Coding
up arrow 2%

Insurance
up arrow 1%

Knowledge of Medicaid & Medicare
up arrow 1%

Electronic Medical Records (EMR)
up arrow 1%

Medicare
up arrow 1%

Medical Credentialing
up arrow 1%

Billing
0%

Claim Handling
0%

Medical Records
0%

National Average
$31,000

Medicaid & Medicare Billing
up arrow 1%

Customer Service
up arrow 1%

Data Entry
up arrow 3%

Medicaid Billing
up arrow 3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 561 votes.

Gender

Female
96 %
Male
4 %

Years of Experience

Less than 1 year
4%
1-4 years
32%
5-9 years
23%
10-19 years
27%
20 years or more
14%

Common Health Benefits

medical benefits Medical: 68% dental benefits Dental: 48%
vision benefits Vision: 38% employee benefits None: 29%