Medical Reimbursement Manager Salary

Medical Reimbursement Managers who are practiced in their profession and carry more than 10 years of experience make up just below two-thirds of Medical Reimbursement Managers. Pay fluctuates from $45K to $127K per year, but expected earnings average $76K annually. The vast majority of Medical Reimbursement Managers (82 percent) who responded to the survey are women. Nearly all report receiving medical coverage from their employers and most collect dental insurance. Job satisfaction is reported as high by the vast majority of workers. This overview is based on answers to PayScale's salary questionnaire.

$51,256 - $123,982
$51K
$76K
$120K
MEDIAN: $75,706
10%
50%
90%

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$17.31 - $28.33
$22
MEDIAN: $21.50
50%

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$0$127K
Salary $51,256 - $123,982
Bonus $604 - $20,608
Profit Sharing $3,000
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).
)
$44,602 - $127,305
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 94
Hourly Data $0$33
Hourly Rate $21.50
Overtime $33.57
Annual Data $0$127K
Bonus $604 - $20,608
Profit Sharing $3,000
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).
)
$44,602 - $127,305
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 7

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United States (change)

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Job Description for Medical Reimbursement Manager

Medical reimbursement managers help manage all reimbursement and billing activities for their organizations and help medical and accounting professionals to process claims for reimbursement, verify accuracy in paperwork, and send checks to the appropriate parties. These managers also collaborate with billing specialists to clear financial issues before responding to claims, as well as receive documents, submit data to medical company databases, and read financial and medical records to verify eligibility for discounts.

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Medical Reimbursement Manager Tasks

  • Plan and implement reimbursement strategies which maximize revenue and efficiency.
  • Oversee the work of staff analyzing costs and pricing of medical services.
  • Develop policies and procedures for submitting reimbursement claims and receive payments.
  • Review prices for services and ensure rates comply with state and federal regulations.

Medical Reimbursement Manager Job Listings

Pay by Experience Level for Medical Reimbursement Manager

Pay by Experience for a Medical Reimbursement Manager has a positive trend. An entry-level Medical Reimbursement Manager with less than 5 years of experience can expect to earn an average total compensation of $64,000 based on 30 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Medical Reimbursement Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $65,000 based on 38 salaries. An experienced Medical Reimbursement Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $77,000 based on 44 salaries. A Medical Reimbursement Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $77,000 based on 24 salaries.

Medical Reimbursement Manager Advice

Q: What is it like working as a Medical Reimbursement Manager?

Medical Reimbursement Manager in 10001:
"I wish I could have known the dramatic changes in medical."
To get certification in coding and Healthcare Administration degree.

Related Job Salaries

Key Stats for Medical Reimbursement Manager

Gender

Female
82 %
Male
18 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 9 votes.
Less than 1 year
2%
1-4 years
16%
5-9 years
19%
10-19 years
40%
20 years or more
24%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Medical Reimbursement Manager Salaries

Experienced
▲2%

Late-Career
▲1%

National Average
$76,000

Mid-Career
▼14%

Entry-Level
▼15%

Skills That Affect Medical Reimbursement Manager Salaries

National Average
$76,000

Medicaid & Medicare Billing
▼8%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 9 votes.

Gender

Female
82 %
Male
18 %

Years of Experience

Less than 1 year
2%
1-4 years
16%
5-9 years
19%
10-19 years
40%
20 years or more
24%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 81%
vision benefits
Vision: 75%
no benefits
None: 7%
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