Medical Reimbursement Manager Salary

Medical Reimbursement Managers in the United States with more than 10 years of experience in their profession represent approximately three-fifths of Medical Reimbursement Managers. Salaries average out to around $71K annually and spread from $42K to $121K per year. Female Medical Reimbursement Managers far outnumber their male contemporaries among survey respondents. Job satisfaction is high and work is enjoyable for most Medical Reimbursement Managers. Medical benefits are awarded to nearly all, and most earn dental coverage. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$44,720 - $121,084
$45K
$71K
$120K
MEDIAN: $70,695
10%
50%
90%

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$15.10 - $44.70
$15
$21
$45
MEDIAN: $20.72
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$44,720 - $121,084  
   
Bonus
$51.06 - $24,468  
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).
)
$41,595 - $121,020  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 95
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$15.10 - $44.70  
   
Overtime
$33.57  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$51.06 - $24,468  
   
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).
)
$41,595 - $121,020  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 10

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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.

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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.

Related Job Salaries

Key Stats for Medical Reimbursement Manager

Gender

Female
86 %
Male
14 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 11 votes.
Less than 1 year
3%
1-4 years
15%
5-9 years
23%
10-19 years
36%
20 years or more
23%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Medical Reimbursement Manager Salaries

Experienced
▲11%

Late-Career
▲11%

National Average
$70,000

Mid-Career
▼6%

Entry-Level
▼8%

Skills That Affect Medical Reimbursement Manager Salaries

Medicaid & Medicare Billing
▼0%

National Average
$70,000


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 11 votes.

Gender

Female
86 %
Male
14 %

Years of Experience

Less than 1 year
3%
1-4 years
15%
5-9 years
23%
10-19 years
36%
20 years or more
23%

Common Health Benefits

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