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Senior Medical Billing Specialist Salary

Most Senior Medical Billing Specialists in the United States are women. The workforce as a whole earns a median of approximately $17.57 per hour. A strong majority enjoy medical while more than half get dental coverage. Vision coverage is also available to slightly less than half. Job satisfaction for Senior Medical Billing Specialists is high. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
$28,246 - $54,816
(Median)
28K
35K
45K
55K
MEDIAN: $38,945
10%
25%
75%
90%

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$13.40 - $22.22
(Median)
13
18
20
22
MEDIAN: $17.00
10%
50%
75%
90%

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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$19K$38K$57K
Salary
$28,246 - $54,816  
   
Bonus
$0.00 - $2,349  
Profit Sharing
$650 - $4,600  
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).
)
$28,338 - $49,598  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 65
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$12$24$36
Hourly Rate
$13.40 - $22.22  
   
Overtime
$18.48 - $33.31  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Bonus
$0.00 - $2,349  
   
Profit Sharing
$650 - $4,600  
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).
)
$28,338 - $49,598  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 201
United States (change)

Job Description for Senior Medical Billing Specialist

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

Senior Medical Billing Specialist Job Listings

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Survey results show that Senior Medical Billing Specialists typically report just a few professional skills. Medicaid & Medicare Billing and Medical Coding are considered valuable skills and can increase employee pay. Medicaid & Medicare Billing and Medical Coding are correlating skills — those who know the former usually know the latter.

Pay by Experience Level for Senior Medical Billing Specialist

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


Senior Medical Billing Specialists with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Salaries of relatively inexperienced workers fall in the neighborhood of $33K, but folks who have racked up five to 10 years see a notably higher median of $37K. Senior Medical Billing Specialists claiming one to two decades of experience make an estimated median of $39K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $41K.

Related Job Salaries

Experience Affects Senior Medical Billing Specialist Salaries

Late-Career
up arrow 7%

Experienced
up arrow 3%

National Average
$38,000

Mid-Career
up arrow 3%

Entry-Level
up arrow 12%

Skills That Affect Senior Medical Billing Specialist Salaries

Medicaid & Medicare Billing
up arrow 2%

Medical Coding
up arrow 1%

National Average
$38,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 50 votes.

Gender

Female
94 %
Male
6 %

Years of Experience

Less than 1 year
1%
1-4 years
9%
5-9 years
25%
10-19 years
40%
20 years or more
26%

Common Health Benefits

medical benefits Medical: 79% dental benefits Dental: 59%
vision benefits Vision: 47% employee benefits None: 18%