Medical Billing/Coding Specialist Salary

A Medical Billing/Coding Specialist earns an average wage of $15.07 per hour. A skill in Accounts Receivable is associated with high pay for this job. Most people with this job move on to other positions after 20 years in this career.
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$25,481 - $51,633
$25K
$39K
$52K
MEDIAN: $38,908
10%
50%
90%

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$11.71 - $20.43
$12
$15
$20
MEDIAN: $15.35
10%
50%
90%

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$0$51K
Salary $25,481 - $51,633
Bonus $195 - $3,041
Profit Sharing $1,750
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).
)
$24,581 - $45,136
  • Country: United States
  • Currency: USD
  • Updated: 18 Nov 2017
  • Individuals Reporting: 120
Hourly Data $0$32
Hourly Rate $11.71 - $20.43
Overtime $13.38 - $32.82
Annual Data $0$45K
Bonus $195 - $3,041
Commission $2,675
Profit Sharing $1,750
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).
)
$24,581 - $45,136
  • Country: United States
  • Currency: USD
  • Updated: 18 Nov 2017
  • Individuals Reporting: 623

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.

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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 Specialist Job Listings

Popular Skills for Medical Billing/Coding Specialist

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

National Average: $32,699

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

Medical Billing/Coding Specialist Reviews

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

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 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
96 %
Male
4 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 110 votes.
Less than 1 year
12%
1-4 years
43%
5-9 years
16%
10-19 years
22%
20 years or more
8%

Experience Affects Medical Billing/Coding Specialist Salaries

▲16%

▲13%

▲6%

National Average
$33,000

▼6%

Skills That Affect Medical Billing/Coding Specialist Salaries

Accounts Receivable
▲12%


▲1%

National Average
$33,000

▼1%



Medical Coding
▼2%

Insurance
▼2%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 110 votes.

Gender

Female
96 %
Male
4 %

Years of Experience

Less than 1 year
12%
1-4 years
43%
5-9 years
16%
10-19 years
22%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 63%
dental benefits
Dental: 49%
vision benefits
Vision: 42%
no benefits
None: 34%