Payment Depositer, Medical Billing Salary

The larger portion of Medical Billing Payment Depositers in the United States are women. Median pay in this female-dominated area goes for around $15.36 per hour. Work is enjoyable for Medical Billing Payment Depositers, who typically claim high levels of job satisfaction. Health benefits are not claimed by all — about one in four lack any form of coverage — but the larger part have medical insurance, and the greater part have dental, too. This snapshot results from replies to PayScale's salary survey.
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$27,000 - $41,549
$38K
MEDIAN: $38,333
50%

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$12.04 - $19.39
$12
$15
$19
MEDIAN: $15.36
10%
50%
90%

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$0$41K
Salary $38,333
Bonus $302.01 - $3,973
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).
)
$24,528 - $41,760
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 9
Hourly Data $0$30
Hourly Rate $12.04 - $19.39
Overtime $16.21 - $30.77
Annual Data $0$41K
Bonus $302.01 - $3,973
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).
)
$24,528 - $41,760
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 109

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United States (change)

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Job Description for Payment Depositer, Medical Billing

The medical billing payment depositor is a role sought after by various companies in the healthcare industry, including hospitals, clinics, and health groups. Many companies are looking for prospective applicants that have at least a high school diploma or GED, although having an associate's degree could be helpful. Most companies will require at least 2 years of experience in a related field such as medical billing or collections.

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Payment Depositer, Medical Billing Tasks

  • Locate and notify customers of delinquent accounts by mail or telephone.
  • Arrange for debt repayment or establish repayment schedules, based on customers' financial situations.
  • Record information about financial status of customers and status of collection efforts.
  • Monitor overdue accounts, receive payments and post amounts paid to customer accounts.

Payment Depositer, Medical Billing Job Listings

Pay by Experience Level for Payment Depositer, Medical Billing

Pay by Experience for a Payment Depositer, Medical Billing has a positive trend. An entry-level Payment Depositer, Medical Billing with less than 5 years of experience can expect to earn an average total compensation of $29,000 based on 49 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Payment Depositer, Medical Billing with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $33,000 based on 39 salaries. An experienced Payment Depositer, Medical Billing which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $37,000 based on 32 salaries. A Payment Depositer, Medical Billing with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $36,000 based on 12 salaries.

Payment Depositer, Medical Billing Advice

Q: What is it like working as a Payment Depositer, Medical Billing?

Payment Depositer, Medical Billing in Knoxville:
I wish I had known my Boss would end up being more like a Librarian! Just beware of your surrounding work environment...

Payment Depositer, Medical Billing in Lewiston:
"Love the job, pay needs to be more."
Pros: The work.
Cons: The wage.

Related Job Salaries

Key Stats for Payment Depositer, Medical Billing

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 15 votes.
Less than 1 year
3%
1-4 years
42%
5-9 years
19%
10-19 years
26%
20 years or more
11%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Payment Depositer, Medical Billing Salaries

Experienced
▲14%

Late-Career
▲11%

Mid-Career
▲2%

National Average
$33,000

Entry-Level
▼10%

Skills That Affect Payment Depositer, Medical Billing Salaries


Medicaid & Medicare Billing
▲1%

National Average
$33,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 15 votes.

Years of Experience

Less than 1 year
3%
1-4 years
42%
5-9 years
19%
10-19 years
26%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 69%
dental benefits
Dental: 57%
vision benefits
Vision: 53%
no benefits
None: 27%
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