Senior Medical Billing Specialist Salary

Most Senior Medical Billing Specialists in the United States are women. The median pay for people in this role is approximately $18.34 per hour. Residence 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 claimed by all — nearly one in five lack any form of coverage — but a strong majority have medical insurance, and the greater part have dental, too. This report is based on responses to the PayScale salary survey.

$30,093 - $63,023
$30K
$45K
$63K
MEDIAN: $44,971
10%
50%
90%

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$14.61 - $23.81
$15
$18
$24
MEDIAN: $18.34
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
$30,093 - $63,023  
   
Bonus
$1,028  
Profit Sharing
$5,000  
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).
)
$30,555 - $51,807  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 23
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
$14.61 - $23.81  
   
Overtime
$17.00 - $33.00  
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
$1,028  
   
Profit Sharing
$5,000  
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).
)
$30,555 - $51,807  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 139

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 advance into a slightly higher-paying Billing Manager position. Average compensation for Billing Managers is $46K.

Senior Medical Billing Specialist Job Listings

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Popular Skills for Senior Medical Billing Specialist


Senior Medical Billing Specialists who responded to the survey indicated only a few skills that they use on the job. Those who have experience with Medicaid & Medicare Billing, Accounts Receivable, and Medical Coding can expect to be compensated well for these skills. Skills that seem to negatively impact pay include Medical Coding. The majority of those who know Medicaid & Medicare Billing also know Accounts Receivable.

Pay by Experience Level for Senior Medical Billing Specialist

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


For Senior Medical Billing Specialists, more experience in the field does not usually mean bigger paychecks. Relatively untried employees who have fewer than five years of experience earn around $38K on average. People who have worked for five to 10 years can expect a higher median salary of $38K. People with 10 to 20 years of experience make an average of about $40K in this role. Senior Medical Billing Specialists who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $41K on average.

Related Job Salaries

Key Stats for Senior Medical Billing Specialist

Gender

Female
94 %
Male
6 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 20 votes.
1-4 years
14%
5-9 years
22%
10-19 years
38%
20 years or more
27%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Senior Medical Billing Specialist Salaries

Late-Career
▲3%

Experienced
▲2%

National Average
$39,000

Mid-Career
▼3%

Entry-Level
▼4%

Skills That Affect Senior Medical Billing Specialist Salaries

Medicaid & Medicare Billing
▼0%

Accounts Receivable
▼0%

National Average
$39,000


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 20 votes.

Gender

Female
94 %
Male
6 %

Years of Experience

1-4 years
14%
5-9 years
22%
10-19 years
38%
20 years or more
27%

Common Health Benefits

medical benefits
Medical: 77%
dental benefits
Dental: 60%
vision benefits
Vision: 58%
dental benefits
None: 21%
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