Billing Specialist Salary at Larkin Hoffman BETA

How much does a Larkin Hoffman Billing Specialist make?

As of December 2024, the average annual salary for a Billing Specialist at Larkin Hoffman is $77,548, which translates to approximately $37 per hour. Salaries for Billing Specialist at Larkin Hoffman typically range from $70,300 to $86,900, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Larkin Hoffman Overview

Website:
larkinhoffman.com
Size:
100 - 200 Employees
Revenue:
$10M - $50M
Industry:
Business Services

Larkin Hoffman is a full-service law firm founded in 1958 and headquartered in Minneapolis, Minnesota.

See similar companies related to Larkin Hoffman

What Skills Does a person Need at Larkin Hoffman?

At Larkin Hoffman, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.
  2. Accounts Receivable: Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered. These may be distinguished from notes receivable, which are debts created through formal legal instruments called promissory notes.
  3. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  4. Medical Billing: Medical billing is a payment practice within the United States health system. The process involves a healthcare provider submitting, following up on, and appealing claims with health insurance companies in order to receive payment for services rendered; such as testing, treatments, and procedures. The same process is used for most insurance companies, whether they are private companies or government sponsored programs: Medical coding reports what the diagnosis and treatment were, and prices are applied accordingly. Medical billers are encouraged, but not required by law, to become certified by taking an exam such as the CMRS Exam, RHIA Exam, CPB Exam and others. Certification schools are intended to provide a theoretical grounding for students entering the medical billing field. Some community colleges in the United States offer certificates, or even associate degrees, in the field. Those seeking advancement may be cross-trained in medical coding or transcription or auditing, and may earn a bachelor's or graduate degree in medical information science and technology.
  5. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

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Check more jobs information at Larkin Hoffman

Job Title Average Larkin Hoffman Salary Hourly Rate
2 Business Development Director $194,700 $94
3 Business Litigation Attorney $163,176 $78
4 Library Manager $105,660 $51
5 Litigation Attorney $132,529 $64
6 Patent Attorney $98,715 $47
7 Patent Paralegal $86,729 $42
8 Payroll Administrator $67,758 $33
9 Systems Analyst $105,617 $51
10 Chief Operating Officer $468,316 $225
11 Estates and Trust Paralegal $86,729 $42
12 Human Resources Assistant $50,407 $24
13 Legal Assistant & Paralegal $64,268 $31

Hourly Pay at Larkin Hoffman

The average hourly pay at Larkin Hoffman for a Billing Specialist is $37 per hour. The location, department, and job description all have an impact on the typical compensation for Larkin Hoffman positions. The pay range and total remuneration for the job title are shown in the table below. Larkin Hoffman may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $77,548 look to you?

FAQ about Salary and Jobs at Larkin Hoffman

1. How much does Larkin Hoffman pay per hour?
The average hourly pay is $37. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Larkin Hoffman?
According to the data, the highest approximate salary is about $86,900 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Larkin Hoffman?
According to the data, the lowest estimated salary is about $70,300 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.