Medical Reimbursement Specialist Salary
Pay for Medical Reimbursement Specialists in the United States sits in the ballpark of $16.08 per hour. Career duration and the particular city each impact pay for this group, with the former having the largest influence. For the most part, Medical Reimbursement Specialists enjoy their work and report high levels of job satisfaction. The vast majority (88 percent) of Medical Reimbursement Specialists who took the survey are female. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to a strong majority. The data in this summary comes from the PayScale salary survey.
|Salary||$28,103 - $75,000|
|Bonus||$152.05 - $5,918|
|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).)
|$26,868 - $54,170|
|Hourly Rate||$12.67 - $21.60|
|Overtime||$19.38 - $36.49|
|Bonus||$152.05 - $5,918|
|Total Pay (||$26,868 - $54,170|
Job Description for Medical Reimbursement Specialist
Medical reimbursement specialists are medical billing professionals who work alongside healthcare providers to assist customers in scheduling and processing payments and insurance. Important skills include the ability to use a computer to perform administrative duties and communication skills to interact with patients, and these specialists must also be well-versed in medicaid and commercial insurance policies and able to plan their own work-days for maximum efficiency.Read More...
Workplaces include private doctors' offices, hospitals, and emergency centers, as these specialists typically work in an administrative setting at the entrance of the medical facility. They generally work with other specialists and usually report directly to a doctor or to senior administrative personnel. Their clients will include patients of all ages and types of health conditions.
National certification is provided by the American Medical Billing Association which requires applicants to pass an exam that covers terminology, anatomy, information technology, insurance, and more; however, this is not always a strict requirement. Some medical reimbursement positions focus solely on cash recovery and account collections.
Medical reimbursement specialists work during regular business hours, but may also be required to work late nights or weekends depending on their office's hours. Typically, much of their day is spent at a desk and computer entering information, receiving patients, and making phone calls; other tasks include changing printer paper and ink, responding to e-mails, and handling cash payments.
Medical Reimbursement Specialist Tasks
- Serve as a patient advocate to identify reimbursement coverage options or identify reimbursement options for non-insured patients.
- Record and monitor insurance authorizations to ensure payment compliance and treatment continuity.
- Maintain and analyze data about patient cases requiring reimbursement support.
- Work with treatment providers and insurance companies to obtain payment authorizations.
Pay by Experience Level for Medical Reimbursement Specialist
Pay by Experience for a Medical Reimbursement Specialist has a positive trend. An entry-level Medical Reimbursement Specialist with less than 5 years of experience can expect to earn an average total compensation of $33,000 based on 90 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Medical Reimbursement Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $36,000 based on 47 salaries. An experienced Medical Reimbursement Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $39,000 based on 34 salaries. A Medical Reimbursement Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $44,000 based on 20 salaries.
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Key Stats for Medical Reimbursement Specialist
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