Medical Coding Specialist Salary

Women account for the majority of Medical Coding Specialists in the United States. The entire group has an average salary of $16.11 per hour. The income range spans the entire spectrum between $11.84 per hour and $22.61. Work is enjoyable for Medical Coding Specialists, who typically claim high levels of job satisfaction. Medical benefits are awarded to most, and more than half earn dental coverage. This overview is based on answers to PayScale's salary questionnaire.
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$25,889 - $59,566
(Median)
$26K
$40K
$60K
MEDIAN: $40,314
10%
50%
90%

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$11.84 - $22.61
(Median)
$12
$16
$23
MEDIAN: $16.00
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$20K$40K$60K
Salary
$25,889 - $59,566  
   
Bonus
$0.00 - $2,073  
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).
)
$25,098 - $52,578  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 55
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$11$22$33
Hourly Rate
$11.84 - $22.61  
   
Overtime
$10.43 - $31.76  
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$22K$44K$66K
Bonus
$0.00 - $2,073  
   
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).
)
$25,098 - $52,578  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 138
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Job Description for Medical Coding Specialist

A medical coding specialist is an integral part of any medical team, and is responsible for turning doctors' work and diagnoses into real money using a specialized set of codes representing procedures, diagnoses, and other aspects of medical care. Then, they submit what they have coded to either private insurance companies, or Medicare/Medicaid. The medical coding specialist's performance correlates directly with the compensation the doctor receives.

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Medical Coding Specialist Tasks

  • Compile, abstract and maintain patient medical records to document condition and treatment.
  • Review records for completeness, accuracy and compliance with regulations.
  • Release information to persons and agencies according to regulations.
  • Protect the security of medical records to ensure that confidentiality is maintained.
  • Identify, compile and code patient data, using ICD-9-CM and CPT and other standard classification coding systems.

Common Career Paths for Medical Coding Specialist


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For Medical Coding Specialists, career advancements do not tend to correlate with a rise in salary. On average, lower-level Medical Coding Specialists earn similar salaries to those in higher-end positions like Medical Records Coder.

Medical Coding Specialist Job Listings

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Medical Coding Specialists who responded to the survey indicated only a few skills that they use on the job. Most notably, facility with International Statistical Classifications of Diseases - 10 Coding, Billing, and Medical Coding are correlated to pay that is significantly above average, leading to increases of 37 percent, 15 percent, and 3 percent, respectively.

Pay by Experience Level for Medical Coding Specialist

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


For Medical Coding Specialists, more experience in the field does not usually mean bigger paychecks. Although individuals who have less than five years' experience earn $32K on average, people with five to 10 years benefit from a notably larger average of $43K. After working for 10 to 20 years, Medical Coding Specialists make a median salary of $43K. Medical Coding Specialists who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $45K.

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Experience Affects Medical Coding Specialist Salaries

Late-Career
up arrow 30%

Experienced
up arrow 23%

Mid-Career
up arrow 22%

National Average
$35,000

Entry-Level
up arrow 8%

Skills That Affect Medical Coding Specialist Salaries

International Statistical Classifications of Diseases - 10 (ICD - 10) Coding
up arrow 37%

Billing
up arrow 15%

Medical Coding
up arrow 3%

National Average
$35,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 19 votes.

Gender

Female
96 %
Male
4 %

Years of Experience

Less than 1 year
9%
1-4 years
51%
5-9 years
18%
10-19 years
14%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 81% dental benefits Dental: 68%
vision benefits Vision: 57% employee benefits None: 16%
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