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 $15.16 per hour. Although slightly less than a third lack health benefits of any kind, the larger part do enjoy medical insurance, and a little over a half get dental coverage, too. Most workers in this position report moderate levels of job satisfaction. The data for this synopsis comes from respondents who took the PayScale salary survey.
Read More
$21,586 - $40,337
$37K
MEDIAN: $37,183
50%

Add this chart to your site: 640px    300px

$11.70 - $18.71
$12
$15
$19
MEDIAN: $15.16
10%
50%
90%

Add this chart to your site: 640px    300px

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$14K$28K$42K
Salary
$37,183  
   
Bonus
$253.42 - $5,918  
Profit Sharing
$675  
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).
)
$23,731 - $40,774  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 8
© PayScale, Inc. @ www.payscale.com
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$11$22$33
Hourly Rate
$11.70 - $18.71  
   
Overtime
$16.38 - $30.27  
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$22K$44K$66K
Bonus
$253.42 - $5,918  
   
Profit Sharing
$675  
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).
)
$23,731 - $40,774  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 102
© PayScale, Inc. @ www.payscale.com

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

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.

Read More...

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.

Biller, Medical Office Job Listings

Search for more jobs:

Pay by Experience Level for Payment Depositer, Medical Billing

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Workers in their first five years can expect to earn $29K, but people who have been around for five to 10 years earn a noticeably bigger sum of $33K. Medical Billing Payment Depositers claiming one to two decades of experience make an estimated median of $37K. People who have worked for 20 years or more actually report earning less than people who are in the middle of their careers; the veterans take home a mere $36K by contrast.

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...

Related Job Salaries

Key Stats for Payment Depositer, Medical Billing

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 12 votes.
Less than 1 year
4%
1-4 years
36%
5-9 years
25%
10-19 years
25%
20 years or more
11%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Payment Depositer, Medical Billing Salaries

Experienced
▲14%

Late-Career
▲12%

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 12 votes.

Years of Experience

Less than 1 year
4%
1-4 years
36%
5-9 years
25%
10-19 years
25%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 65%
dental benefits
Dental: 53%
vision benefits
Vision: 51%
dental benefits
None: 29%
ADVERTISEMENT