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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 $15.98 per hour. Compensation ranges from $11.67 per hour on the lower end to $23.50 on the higher end. Medical benefits are awarded to a large number, and more than half earn dental coverage. Most workers in this position report high levels of job satisfaction. The numbers in this rundown were provided by PayScale's salary survey participants.
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$26,494 - $60,826
(Median)
$26K
$41K
$61K
MEDIAN: $40,782
10%
50%
90%

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$11.67 - $23.50
(Median)
$12
$16
$24
MEDIAN: $15.00
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$21K$42K$63K
Salary
$26,494 - $60,826  
   
Bonus
$0.00 - $2,043  
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).
)
$24,967 - $52,938  
Country: United States | Currency: USD | Updated: 31 Mar 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
$11.67 - $23.50  
   
Overtime
$10.82 - $32.29  
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 - $2,043  
   
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).
)
$24,967 - $52,938  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 129

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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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Professional skills reported by Medical Coding Specialists are few in number. Billing and Medical Coding are considered valuable skills and can increase employee pay by 15 percent and 6 percent, respectively.

Pay by Experience Level for Medical Coding Specialist

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


Experience and pay tend to be weakly linked for Medical Coding Specialists — those with more experience do not necessarily bring in higher earnings. Relatively untried employees who have less than five years' experience make $32K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $43K. Medical Coding Specialists who work for 10 to 20 years in their occupation tend to earn about $44K. Veterans who have worked for more than two decades do tend to make the most in the end; the median pay for this group is $47K.

Related Job Salaries

United States (change)

Experience Affects Medical Coding Specialist Salaries

Late-Career
up arrow 34%

Experienced
up arrow 27%

Mid-Career
up arrow 24%

National Average
$35,000

Entry-Level
up arrow 9%

Skills That Affect Medical Coding Specialist Salaries

Billing
up arrow 15%


National Average
$35,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 20 votes.

Gender

Female
95 %
Male
5 %

Years of Experience

Less than 1 year
10%
1-4 years
52%
5-9 years
17%
10-19 years
13%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 81% dental benefits Dental: 69%
vision benefits Vision: 57% employee benefits None: 17%