Medical Records Specialist Salary
Medical Records Specialists in the United States take home approximately $13.66 per hour on average. Residence is the biggest factor affecting pay for this group, followed by career length. The vast majority of Medical Records Specialists (88 percent) who participated in the survey are women. A strong majority enjoy medical while a majority get dental coverage. Vision coverage is also available to the greater part. Work is enjoyable for Medical Records Specialists, who typically claim high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
Job Description for Medical Records Specialist
Many clinic or hospital administrators find that a good medical records specialist is an essential elements of creating an efficient healthcare environment. These employees help ensure prompt billing and responses from insurance healthcare providers, as well as facilitate portability of essential information when patients seek second opinions or the work of specialists.Read More...
The primary work of a medical records specialist frequently involves data entry. The specialist may need to cull from a variety of sources that include nurses, specialists, and primary care physicians to ensure that an accurate and easily accessible record is maintained for each patient. Typically, this involves using detailed records software; the records specialist must be accurate and fast while entering this information into their organization's computer system.
Medical records specialists also help provide admissions data for patients in hospitals. They may prepare information for other healthcare providers if the patient is unable to be present at his or her primary healthcare facility. The records specialist ensures that all records to be accessed outside of his or her immediate control are maintained according to patient privacy laws and regulations. Additionally, they may perform billing functions as well. Because even simple procedures may have complex coding needs, specialists who assist in billing work typically have formal training and practical experience in that field.
The requirements for medical records specialist positions may vary depending on the responsibilities required by the employer. For persons expected simply to keep records, minimal training beyond a high school diploma or equivalent may be sufficient, although an aptitude with computers and data entry and some practical experience is often required. If billing is part of the specialist's job description, or in the case of bigger clinics and hospitals, vocational education in medical records may be required, along with some entry-level experience.
Medical Records Specialist Tasks
- Assign and record an accurate code to all diagnoses and procedures.
- Provide information and respond to questions regarding medical documentation.
- Ensure that all diagnoses are ranked properly.
- Ensure that factors necessary for an DRG (Diagnostic Related Group) are present.
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Popular Skills for Medical Records Specialist
Survey results imply that Medical Records Specialists put a diverse skill set to use. Most notably, facility with Microsoft Office and HIPAA Compliance are correlated to pay that is significantly above average, leading to increases of 30 percent and 4 percent, respectively. At the other end of the pay range are skills like Customer Service. Those educated in Electronic Medical Records tend to be well versed in Customer Service.
Pay by Experience Level for Medical Records Specialist
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Medical Records Specialists with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Although individuals who have less than five years' experience earn $28K on average, people with five to 10 years benefit from a notably larger average of $30K. The average pay reported by folks with 10 to 20 years of experience is around $32K. As Medical Records Specialists reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $34K.