Medical Coding Specialist Salary

Most Medical Coding Specialists in the United States are women. The median pay for people in this role is approximately $16.23 per hour. Compensation ranges between $11.93 per hour and $22.93. Medical benefits are awarded to most, and the larger part earn dental coverage. Job satisfaction for Medical Coding Specialists is high. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$26,000 - $59,717
(Median)
$26K
$41K
$60K
MEDIAN: $40,510
10%
50%
90%

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$11.93 - $22.93
(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
$26,000 - $59,717  
   
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).
)
$25,237 - $52,699  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 54
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
$11.93 - $22.93  
   
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).
)
$25,237 - $52,699  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 139
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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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Medical Coding Specialists' salary tends to stay somewhat level for those who assume higher-end positions like Medical Records Coder. Median pay for Medical Records Coders is $33K.

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 and Billing are correlated to pay that is significantly above average, leading to increases of 36 percent and 14 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, experience does not seem to be a major factor in determining pay. Survey participants with less than five years' experience pocket $32K on average, but those with five to 10 years of experience enjoy a much bigger median of $43K. People with 10 to 20 years of experience make an average of about $43K in this role. As Medical Coding Specialists reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $45K.

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Experience Affects Medical Coding Specialist Salaries

Late-Career
up arrow 26%

Experienced
up arrow 22%

Mid-Career
up arrow 21%

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 36%

Billing
up arrow 14%

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
13%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 81% dental benefits Dental: 68%
vision benefits Vision: 56% employee benefits None: 16%
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