Senior Medical Billing Specialist Salary

Women comprise the majority of Senior Medical Billing Specialists in the United States. Individuals in this line of work make around $18.50 per hour on average. Location is the biggest factor affecting pay for this group, followed by years of experience. Job satisfaction for Senior Medical Billing Specialists is high. Health benefits are not enjoyed by everyone in this line of work, and roughly one in four lack any coverage at all. Medical benefits are reported by a strong majority and dental coverage is claimed by a majority. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$30,023 - $63,616
$30K
$46K
$64K
MEDIAN: $46,495
10%
50%
90%

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$14.65 - $23.85
$15
$18
$24
MEDIAN: $18.50
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$22K$44K$66K
Salary
$30,023 - $63,616  
   
Bonus
$1,008  
Profit Sharing
$6,500  
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).
)
$30,654 - $52,367  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 22
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
$14.65 - $23.85  
   
Overtime
$17.11 - $32.78  
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
$1,008  
   
Profit Sharing
$6,500  
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).
)
$30,654 - $52,367  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 127

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Senior Medical Billing Specialist

  • Verify accuracy of billing data and revise any errors.
  • Review and retain medical records in order to compute fees and charges due.
  • Prepare bills or invoices, and record amount due for medical procedures and services.
  • Contact patients in order to obtain or relay account information.

Common Career Paths for Senior Medical Billing Specialist


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Many Senior Medical Billing Specialists transition into upper-level Billing Manager positions. Billing Managers earn a median of $46K per year.

Senior Medical Billing Specialist Job Listings

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Popular Skills for Senior Medical Billing Specialist


Survey takers who work as Senior Medical Billing Specialists typically report just a few professional skills. Most notably, skills in Billing, Accounts Receivable, Medicaid & Medicare Billing, and Medical Coding are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Medical Coding. It is often found that people who know Medicaid & Medicare Billing are also skilled in Accounts Receivable.

Pay by Experience Level for Senior Medical Billing Specialist

Pay by Experience for a Senior Medical Billing Specialist has a positive trend. An entry-level Senior Medical Billing Specialist with less than 5 years of experience can expect to earn an average total compensation of $38,000 based on 27 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Medical 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 $38,000 based on 50 salaries. An experienced Senior Medical Billing Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $40,000 based on 74 salaries. A Senior Medical 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 $41,000 based on 42 salaries.

Related Job Salaries

Key Stats for Senior Medical Billing Specialist

Gender

Female
95 %
Male
5 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 17 votes.
1-4 years
13%
5-9 years
20%
10-19 years
39%
20 years or more
28%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Senior Medical Billing Specialist Salaries

▲2%

▲1%

National Average
$40,000

▼4%

▼4%

Skills That Affect Senior Medical Billing Specialist Salaries

Accounts Receivable
▲2%

Billing
▲2%


National Average
$40,000


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 17 votes.

Gender

Female
95 %
Male
5 %

Years of Experience

1-4 years
13%
5-9 years
20%
10-19 years
39%
20 years or more
28%

Common Health Benefits

medical benefits
Medical: 74%
dental benefits
Dental: 57%
vision benefits
Vision: 55%
no benefits
None: 24%
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