Medical Billing Manager in New York Salary
Close to three-fourths of Medical Billing Managers in New York are seasoned employees who have more than 10 years of experience in the field. Pay ranges from $42K to $78K per year, and the average comes out to $51K per year. A little over a half report receiving medical coverage from their employers and slightly less than a fifth collect dental insurance. The majority of Medical Billing Managers in New York, N.Y. claim high levels of job satisfaction. The data for this synopsis comes from respondents who took the PayScale salary survey.
|Salary||$40,796 - $65,217|
|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).)
|$41,766 - $66,661|
Job Description for Medical Billing Manager
Medical billing managers are responsible for the daily activities of the billing office for an organization. They typically oversee a team of employees that perform the medical billing for doctor’s offices and other medical-related institutions.Read More...
A medical billing department is required to ensure that patients are eligible for services, and they apply the appropriate charges to their insurance or personal billing account. They monitor payments of medical bills, transmit electronic claims, and deal directly with insurance companies.
Medical billing managers may negotiate contracts with payers and ensure that they are abiding by those contracts. They oversee their staff in collecting payments for deductibles, office co-pays, and co-insurance. They may also schedule financial counseling with patients who are looking at large medical bills. Medical billing managers run reports monthly to ensure that the accounts are balanced. They also ensure that the appropriate billing codes are being used for patients and their doctor’s visits.
Medical billing managers may have weekly or monthly meetings to keep up to date with the newest information and contracts. The medical billing managers may also ensure that new employees are fully and properly trained before they start working directly with patients, physician offices, and insurance companies. If any patients have denials of specific bills, these disputes typically go to the medical billing managers for review. They are in charge of escalated customer disputes and are expected to resolve them.
Many organizations require a bachelor's degree in business or a related field, managerial experience, and an in-depth knowledge of medical coding and/or billing. (Copyright 2017 PayScale.com)
Medical Billing Manager Tasks
- Manage the selection, training and development of the billing department staff.
- Oversee the day-to-day operations of the billing department to ensure accuracy, chart coding and billing processes.
- Monitor budget and utilize operational resources, participate in billing, collection process improvement to maximize reimbursement.
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