$39,267
Avg. Salary
$15.58
Avg. Hourly Rate

Average additional compensation:

$974

Bonus

$3,000

Profit Sharing

$2,400

Commission

What am I worth?
How should I pay?

The average pay for a Certified Medical Billing/Coding Specialist is $15.58 per hour.

The average pay for a Certified Medical Billing/Coding Specialist is $39,267 per year.

10%
$11.38
10%
$15.58
50%
$21.92
90%
90%
MEDIAN $15.58
10%
$26k
10%
$39k
50%
$60k
90%
90%
MEDIAN $39,267
$25,596 - $60,232
$26K
$39K
$60K
MEDIAN: $39,267
10%
50%
90%

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$11.38 - $21.92
$11
$16
$22
MEDIAN: $15.58
10%
50%
90%

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$0$60K
Salary $25,596 - $60,232
Bonus $102 - $4,966
Profit Sharing $343 - $6,128
Commission $2,400
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).
)
$24,299 - $50,448
  • Country: United States
  • Currency: USD
  • Updated: 17 Mar 2019
  • Individuals Reporting: 572
Hourly Data $0$32
Hourly Rate $11.38 - $21.92
Hourly Tips $0.06
Overtime $14.63 - $32.75
Annual Data $0$50K
Bonus $102 - $4,966
Commission $2,400
Profit Sharing $343 - $6,128
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).
)
$24,299 - $50,448
  • Country: United States
  • Currency: USD
  • Updated: 17 Mar 2019
  • Individuals Reporting: 1,979

Job Description for Certified Medical Billing/Coding Specialist

A certified medical billing/coder specialist is a skilled medical worker who functions in an office-based setting to interpret official medical records into codes which can be submitted to insurance companies for payment. The certified medical billing/coder specialist must be skilled in understanding medical terminology and searching the medical provider's documentation to identify all diagnoses, conditions, reasons for treatment, services and procedures recorded, and to assign the appropriate billing code to each. The codes determine the amount that the physician is paid for his or her services. The codes are contained in the medical records coder "bibles," the ICD-9 and CPT-4 books. Working as a certified medical billing/coder specialist requires a strong background not only in medical terminology, but also in anatomy and physiology, pharmacology, computer and typing skills, billing, and accounting. Certified medical billing/coder specialist students also complete a hands-on practicum prior to graduating. Certified medical billing/coder specialist programs are offered as diploma or degree programs. Upon graduation, the coder must take and pass a national certification exam. Certified medical billing/coder specialists work in a variety of settings, including hospitals, outpatient and inpatient clinics, surgical centers, and dental offices. Any place that provides medical services requires the services of a certified medical billing/coder specialist. Certified medical billing/coder specialists work in conjunction with physicians and other medical providers and, in addition to coding services, provide education to providers regarding medical record requirements and conduct chart reviews for completeness. Certified medical billing/coder specialists have the ability to make their own schedule, and with telecommuting can even work at home. (Copyright 2019 PayScale.com)

Certified Medical Billing/Coding Specialist Tasks
  • Record and process patient data including treatment records, insurance information, bills, and payments.
  • Set-up payment plans for patients.
  • Organize and verify patient records, bills, and statements.
  • Code patients' diagnoses and requests payment from insurance companies or individuals.

Common Career Paths for Certified Medical Billing/Coding Specialist


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It's not very common for Certified Medical Billing Specialists to move on to become Medical Coding Auditors. Average pay for a Medical Coding Auditor is $51K annually. Certified Medical Billing Specialists moving up in their careers tend to step into positions as Certified Professional Coders or Medical Coders. The median paychecks in those roles are $3K higher and $2K higher, respectively.

Certified Medical Billing/Coding Specialist Job Listings

Popular Skills for Certified Medical Billing/Coding Specialist


Survey results suggest that Certified Medical Billing Specialists put a wide range of professional skills to use. Most notably, skills in Current Procedural Terminology Coding, International Statistical Classifications of Diseases - 9 Coding, International Statistical Classifications of Diseases - 10 Coding, and Accounts Receivable are correlated to pay that is above average. Skills that seem to negatively impact pay include Claim Handling, Medicaid & Medicare Billing, and Insurance. Most people skilled in Billing are similarly competent in Insurance and Medicaid & Medicare Billing. People who know Medical Coding usually also know Medicaid & Medicare Billing and Insurance.

Pay by Experience Level for Certified Medical Billing/Coding Specialist

Pay by Experience for a Certified Medical Billing/Coding Specialist has a positive trend. An entry-level Certified Medical Billing/Coding Specialist with less than 5 years of experience can expect to earn an average total compensation of $31,000 based on 1,161 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Certified Medical Billing/Coding Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $37,000 based on 295 salaries. An experienced Certified Medical Billing/Coding Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $40,000 based on 222 salaries. A Certified Medical Billing/Coding Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $42,000 based on 83 salaries.

Pay Difference by Location

11%

6%

2%

-4%

-7%

-12%

National Average: $34,106

Larger city markers indicate a job is popular in that location.

Minneapolis is home to an above-average pay rate for Certified Medical Billing Specialists, 33 percent higher than the national average. Certified Medical Billing Specialists can also look forward to large paychecks in cities like Jacksonville (+29 percent), New York (+12 percent), Chicago (+7 percent), and Charlotte (+5 percent). Those in the field find the lowest salaries in St. Louis, 12 percent below the national average. Employers pay around 11 percent less in Houston and 9 percent less in Tucson, below-median salaries for those in this field.

Certified Medical Billing/Coding Specialist Reviews

Q: What is it like working as a Certified Medical Billing/Coding Specialist?

Certified Medical Billing/Coding Specialist in Modesto:
"Commute."
Pros: I like that there is more opportunities here for employment
Cons: The commute every day to work

Certified Medical Billing/Coding Specialist in Toledo:
"Love the insurances & people I work with, flexible work sche."
Pros: The flexible work schedule, physicians and co-workers.
Cons: Pay.

Certified Medical Billing/Coding Specialist in Centennial:
Pros: I actually work in wheat ridge a 45 min drive.
Cons: The commute.

Certified Medical Billing/Coding Specialist in Virginia Beach:
"Beautiful."
Pros: The community, the opportunities, the beach, the country, everything within reach, schools.
Cons: Traffic and road conditions.

Certified Medical Billing/Coding Specialist in La Porte:
Pros: Helping customer and the knowledge I gain in this field.
Cons:

Certified Medical Billing/Coding Specialist in Riverside:
"Stress level."
Pros: I love everyone I work with.
Cons:

Related Job Salaries

Key Stats for Certified Medical Billing/Coding Specialist

Gender

Female
94 %
Male
6 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 275 votes.
Less than 1 year
15%
1-4 years
50%
5-9 years
15%
10-19 years
14%
20 years or more
6%

Experience Affects Certified Medical Billing/Coding Specialist Salaries

▲22%

▲18%

▲7%

National Average
$34,000

▼9%

Skills That Affect Certified Medical Billing/Coding Specialist Salaries

Current Procedural Terminology (CPT) Coding
▲6%

International Statistical Classifications of Diseases - 9 (ICD - 9) Coding
▲3%


National Average
$34,000



Billing
▼5%

Medicaid & Medicare Billing
▼5%

Electronic Medical Records (EMR)
▼5%

Insurance
▼5%

Claim Handling
▼16%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 275 votes.

Gender

Female
94 %
Male
6 %

Years of Experience

Less than 1 year
15%
1-4 years
50%
5-9 years
15%
10-19 years
14%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 71%
dental benefits
Dental: 56%
vision benefits
Vision: 50%
no benefits
None: 26%