Avg. Base Hourly Rate (USD)
The average hourly pay for a Medical Billing Specialist is $19.05 in 2023
What is the Pay by Experience Level for Medical Billing Specialists?
An early career Medical Billing Specialist with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $16.80 based on 6 salaries. A mid-career Medical Billing Specialist with 5-9 years of experience earns an average total compensation of $18.43 based on 5 salaries. An …Read more
What Do Medical Billing Specialists Do?
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 …Read more
FAQs About Medical Billing Specialists
What is the highest pay for Medical Billing Specialists in Chicago?
Our data indicates that the highest pay for a Medical Billing Specialist in Chicago is $22.59 / hour
What is the lowest pay for Medical Billing Specialists in Chicago?
Our data indicates that the lowest pay for a Medical Billing Specialist in Chicago is $15.92 / hour
How can Medical Billing Specialists increase their salary?
Increasing your pay as a Medical Billing Specialist is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Medical Billing Specialist that oversees more junior Medical Billing Specialists, this experience can increase the likelihood to earn more.