$37,169
Avg. Salary
$15.41
Avg. Hourly Rate

Average additional compensation:

$800

Bonus

$1,750

Profit Sharing

$2,675

Commission

What am I worth?
How should I pay?

The average pay for a Medical Billing/Coding Specialist is $15.41 per hour.

The average pay for a Medical Billing/Coding Specialist is $37,169 per year.

$11.71
10%
$15.41
50%
$20.62
90%
MEDIAN $15.41
$25k
10%
$37k
50%
$53k
90%
MEDIAN $37,169
$25,032 - $52,888
$25K
$37K
$53K
MEDIAN: $37,169
10%
50%
90%

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$11.71 - $20.62
$12
$15
$21
MEDIAN: $15.41
10%
50%
90%

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$0$52K
Salary $25,032 - $52,888
Bonus $202 - $2,990
Profit Sharing $204 - $4,027
Commission $2,675
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).
)
$24,514 - $45,602
  • Country: United States
  • Currency: USD
  • Updated: 18 Feb 2019
  • Individuals Reporting: 243
Hourly Data $0$31
Hourly Rate $11.71 - $20.62
Overtime $14.80 - $31.87
Annual Data $0$45K
Bonus $202 - $2,990
Commission $2,675
Profit Sharing $204 - $4,027
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).
)
$24,514 - $45,602
  • Country: United States
  • Currency: USD
  • Updated: 18 Feb 2019
  • Individuals Reporting: 1,139

Job Description for Medical Billing/Coding Specialist

Medical billing/coding specialists typically works in hospitals, clinics, and other medical facilities. They are responsible for handling billing information and associating bills with patients, and working with physicians and other members of their facility. Some day-to-day responsibilities expected of medical billing/coding specialists include keeping up to date with codes and regulatory standards of the medical industry, assisting with audits, and entering and verifying demographics of patients into the system. They also review and verify codes of diagnosis and procedures that are performed in the facility and update patient information on the computer.

Read More...
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 Medical Billing/Coding Specialist


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Medical Billing & Coding Specialists' salaries may rise greatly for those who assume a higher-end position such as a Medical Billing Manager. The average Medical Billing Manager brings home $42K per year. A Medical Billing & Coding Specialist often moves on to become a Certified Professional Coder or a Certified Medical Billing Specialist.

Medical Billing/Coding Specialist Job Listings

Popular Skills for Medical Billing/Coding Specialist


Survey results suggest that Medical Billing & Coding Specialists use a fairly large toolkit of professional skills. Most notably, skills in Accounts Receivable, bill collections, Collections, and Medicaid & Medicare Billing are correlated to pay that is above average. Those proficient in Billing are, more often than not, also skilled in Insurance and Medicaid & Medicare Billing.

Pay by Experience Level for Medical Billing/Coding Specialist

Pay by Experience for a Medical Billing/Coding Specialist has a positive trend. An entry-level Medical Billing/Coding Specialist with less than 5 years of experience can expect to earn an average total compensation of $31,000 based on 469 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A 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 $35,000 based on 174 salaries. An experienced Medical Billing/Coding Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $37,000 based on 156 salaries. A 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 $38,000 based on 42 salaries.

Pay Difference by Location

15%

-10%

-23%

National Average: $32,756

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

Atlanta is home to an above-average pay rate for Medical Billing & Coding Specialists, 35 percent higher than the national average. Medical Billing & Coding Specialists will also find cushy salaries in New York (+27 percent), Los Angeles (+26 percent), Portland (+19 percent), and Dallas (+16 percent). Medical Billing & Coding Specialists in Orlando earn salaries far below the national average by 22 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Below-median salaries also turn up in Oklahoma City and San Antonio (13 percent lower and 10 percent lower, respectively).

Medical Billing/Coding Specialist Reviews

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

Medical Billing/Coding Specialist in Denver:
"I enjoy it very much."
Pros: The company and the co workers.
Cons: The traffic sometimes.

Medical Billing/Coding Specialist in Lubbock:
"Work enrichment."
Pros: Teamwork, flexibility, management, hours, benefits, 401k.
Cons: New experience, learning the ropes.

Medical Billing/Coding Specialist in Seattle:
"Does the organzation increase salaries based on performance?"
I've got lots and lots of advise. Too much to type...

Medical Billing/Coding Specialist in Dallas:
"Companies don't reward loyalty. New person can come in maki."
Know how to negotiate salary. Once hired continue your education..

Medical Billing/Coding Specialist in Elizabethton:
"Work flexability."
Pros: I love working with people, and making a difference in peoples lives.
Cons: I would have to say the commute to work.

Related Job Salaries

Key Stats for Medical Billing/Coding Specialist

Gender

Female
95 %
Male
5 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 190 votes.
Less than 1 year
12%
1-4 years
42%
5-9 years
18%
10-19 years
21%
20 years or more
8%

Experience Affects Medical Billing/Coding Specialist Salaries

▲16%

▲13%

▲5%

National Average
$33,000

▼6%

Skills That Affect Medical Billing/Coding Specialist Salaries

Accounts Receivable
▲12%


▲1%

National Average
$33,000



▼2%

Medical Coding
▼2%

Insurance
▼2%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 190 votes.

Gender

Female
95 %
Male
5 %

Years of Experience

Less than 1 year
12%
1-4 years
42%
5-9 years
18%
10-19 years
21%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 62%
dental benefits
Dental: 48%
vision benefits
Vision: 42%
no benefits
None: 35%