Medicare Billing Specialist Salary

Women comprise the majority of Medicare Billing Specialists in the United States. Individuals in this line of work make around $16.36 per hour on average. Most Medicare Billing Specialists report high levels of job satisfaction. A strong majority enjoy medical while the larger part get dental coverage. Vision coverage is also available to more than half. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$31,996 - $62,790
$32K
$42K
$63K
MEDIAN: $42,459
10%
50%
90%

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$12.38 - $23.21
$12
$16
$23
MEDIAN: $16.36
10%
50%
90%

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$0$62K
Salary $31,996 - $62,790
Bonus $325.00
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).
)
$25,934 - $50,267
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 15
Hourly Data $0$25
Hourly Rate $12.38 - $23.21
Overtime $20.80
Annual Data $0$50K
Bonus $325.00
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).
)
$25,934 - $50,267
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 65

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Medicare Billing Specialist

  • Process and create orders, bills and invoices.
  • Follow up with late payments.
  • Reconcile data across billing and clinical systems, verifying data with patients.
  • Act as point of contact for eligibility and third party billing questions and processes.
  • Collect co-pays and deductibles, enter new patients into the system and answer questions.

Medicare Billing Specialist Job Listings

Pay by Experience Level for Medicare Billing Specialist

Pay by Experience for a Medicare Billing Specialist has a positive trend. An entry-level Medicare Billing Specialist with less than 5 years of experience can expect to earn an average total compensation of $32,000 based on 33 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Medicare Billing Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $34,000 based on 23 salaries. An experienced Medicare Billing Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $36,000 based on 33 salaries. A Medicare Billing Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $45,000 based on 17 salaries.

Related Job Salaries

Key Stats for Medicare Billing Specialist

Gender

Female
93 %
Male
8 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 10 votes.
Less than 1 year
3%
1-4 years
30%
5-9 years
15%
10-19 years
28%
20 years or more
25%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Medicare Billing Specialist Salaries

Late-Career
▲29%

Experienced
▲2%

National Average
$35,000

Mid-Career
▼2%

Entry-Level
▼9%

Skills That Affect Medicare Billing Specialist Salaries

National Average
$35,000


Knowledge of Medicaid & Medicare
▼12%

Medicaid & Medicare Regulation
▼14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 10 votes.

Gender

Female
93 %
Male
8 %

Years of Experience

Less than 1 year
3%
1-4 years
30%
5-9 years
15%
10-19 years
28%
20 years or more
25%

Common Health Benefits

medical benefits
Medical: 77%
dental benefits
Dental: 69%
vision benefits
Vision: 59%
no benefits
None: 18%
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