$37,031
Avg. Salary
$15.93
Avg. Hourly Rate

Average additional compensation for this job:

Bonus

$979

Profit Sharing

$1,214

Commission

$11,000

The average pay for a Medical Billing Specialist is $15.93 per hour.

The average pay for a Medical Billing Specialist is $37,031 per year.

$12
10%
$16
50%
$21
90%
MEDIAN $16
$28k
10%
$37k
50%
$51k
90%
MEDIAN $37,031
$28,288 - $51,219
$28K
$37K
$51K
MEDIAN: $37,031
10%
50%
90%

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$12.23 - $20.55
$12
$16
$21
MEDIAN: $15.93
10%
50%
90%

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$0$51K
Salary $28,288 - $51,219
Bonus $199 - $3,031
Profit Sharing $225 - $4,000
Commission $11,000
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).
)
$25,839 - $44,941
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2018
  • Individuals Reporting: 804
Hourly Data $0$31
Hourly Rate $12.23 - $20.55
Hourly Tips $1.37
Overtime $17.89 - $31.30
Annual Data $0$44K
Bonus $199 - $3,031
Commission $11,000
Profit Sharing $225 - $4,000
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).
)
$25,839 - $44,941
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2018
  • Individuals Reporting: 4,723

Job Description for Medical Billing Specialist

Medical billing specialists are responsible for improving processes and resolving issues related to medical billing within a healthcare organization, as well as facilitating billing processes with standardized practices and assisting with accounting and customer service. These specialists have strong interpersonal skills to assist patients, physicians, and other health professionals and use their problem-solving abilities to resolve conflicts caused by billing errors. They generally work with a team of specialists to address medical codes and billing department procedures.

Read More...

Medical Billing Specialist Tasks

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

Popular Employer Salaries for Medical Billing Specialist

Common Career Paths for Medical Billing Specialist


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Medical Billing Specialist Job Listings

Popular Skills for Medical Billing Specialist

Pay by Experience Level for Medical Billing Specialist

Pay by Experience for a Medical Billing Specialist has a positive trend. An entry-level Medical Billing Specialist with less than 5 years of experience can expect to earn an average total compensation of $31,000 based on 1,361 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Medical Billing Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $34,000 based on 874 salaries. An experienced Medical Billing Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $36,000 based on 930 salaries. A Medical Billing Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $37,000 based on 403 salaries.

Pay Difference by Location

National Average: $34,082

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

Medical Billing Specialist Advice

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

Medical Billing Specialist in Fort Smith:
"The pay."
Make sure you Get what you're worth.

Medical Billing Specialist in Houston:
"Stress."
The job can be tedious and stressful.

Medical Billing Specialist in Pocatello:
"Changing peoples's lives, rewarding and successful."
Stay focused, learn something new everyday. Enjoy your patients and see the success.

Medical Billing Specialist in Houston:
"Wonderful!"
Pros: I love the challenge And learning new things every day.
Cons: I dislike the lack of appreciation.

Medical Billing Specialist in Modesto:
"Never Stop Learning."
Pros: Benefits package, coworkers are nice.
Cons: Management makes decisions that cause bad results, take no responsibility.

Medical Billing Specialist in Austin:
"Be positive."

Medical Billing Specialist in Atlanta:
"Coporate culture."
Pros: I work Monday-Friday 8am-5pm.
Cons: The work load compared to my salary.

Related Job Salaries

Key Stats for Medical Billing Specialist

Gender

Female
94 %
Male
6 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 889 votes.
Less than 1 year
5%
1-4 years
32%
5-9 years
22%
10-19 years
27%
20 years or more
14%

Experience Affects Medical Billing Specialist Salaries

▲9%

▲5%

National Average
$34,000

▼1%

▼9%

Skills That Affect Medical Billing Specialist Salaries

▲2%





National Average
$34,000




Billing
▼2%

Insurance
▼2%

Medicaid & Medicare Billing
▼2%

Medicaid Billing
▼2%


▼3%

▼4%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 889 votes.

Gender

Female
94 %
Male
6 %

Years of Experience

Less than 1 year
5%
1-4 years
32%
5-9 years
22%
10-19 years
27%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 70%
dental benefits
Dental: 57%
vision benefits
Vision: 47%
no benefits
None: 26%