As of August 01, 2026, the average salary for a Third Party Billing Specialist I in the United States is $43,770 per year, which breaks down to an hourly rate of $21.
However, a Third Party Billing Specialist I's salary can vary significantly. Here’s a look at the typical salary range:
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A Third Party Billing Specialist I's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education, and company size can directly affect your earning potential.
Experience is a primary driver of a Third Party Billing Specialist I's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Third Party Billing Specialist I | 0-1 years | $43,764 |
| Medical Billing and Coding Specialist II | 1-3 years | $48,220 |
| Medical Billing Operations Supervisor | 3+ years | $65,063 |
| Medical Billing and Coding Manager | 3-5 years | $100,492 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Third Party Billing Specialist Is. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Customer Service | 4.02% |
| Billing Software | 2.04% |
| Microsoft Office | 1.53% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Collaboration
|
$47,709 |
9%
|
|
Leadership
|
$45,959 |
5%
|
|
Initiative
|
$45,959 |
5%
|
|
Consulting
|
$45,959 |
5%
|
|
Accountability
|
$45,959 |
5%
|
|
Analysis
|
$45,521 |
4%
|
Third Party Billing Specialist I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $47,237. While startup companies pay approximate $40,058.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $40,058 |
| Growth Stage | 51~500 | $42,344 |
| Established | 501~5000 | $45,637 |
| Enterprise | 5000+ | $47,237 |
For Third Party Billing Specialist I roles, the industry you choose can affect earning potential by as much as 80% (the gap between the highest and lowest paying industries). Data shows that the Healthcare and Financial Services sectors offer the strongest compensation, at 50% above the average. In contrast, Third Party Billing Specialist positions in Insurance or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Third Party Billing Specialist I as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Healthcare | $65,655 | $32.0 | 50% |
| Financial Services | $52,524 | $25.0 | 20% |
Your level of education can impact your salary potential. While many Third Party Billing Specialist Is enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Third Party Billing Specialist I with a High School Diploma or Technical Certificate is between $42,174 and $44,501).
Third Party Billing Specialist I Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 1.1% |
| High School | 64.3% |
| Associates | 23.1% |
| Bachelors | 10.6% |
| Masters | 0.8% |
| Doctorate | 0.0% |
Understanding how a Third Party Billing Specialist I's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on August 01, 2026For a Third Party Billing Specialist I, the most direct path to higher earnings is advancing to the Medical Billing and Coding Specialist II role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $48,290 - a projected growth of 10% over your current level.
Salaries for a Third Party Billing Specialist I can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $34,573 in 2023 to around $34,287 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Third Party Billing Specialist I salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $34,573 |
| 2024 | $34,488 |
| 2025 | $34,287 |
| 2026 |
View More
|
| 2027 |
View More
|
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The Healthcare industry offers the highest average compensation for Third Party Billing Specialist I roles, with salaries approximately 50% above the market median.
Walmart managers typically earn an average salary of around $128,000, with the potential to earn bonuses that could double their income. However, for roles like a Third Party Billing Specialist, salaries range from $37,690 to $46,410, indicating that while some managers may reach high earnings, not all positions offer similar compensation.
A third-party bill pay service is a system that manages your bill payments through software or online platforms. It can handle various payment methods, including paper checks and digital payments, depending on the supplier's preferences. The salary for a Third Party Billing Specialist ranges from $37,690 to $46,410, with a midpoint of $41,760.
Billing Specialists in the US typically earn between $37,690 and $46,410 annually. The average salary is around $41,760, reflecting the midpoint of this range. These figures provide a clearer picture of the expected earnings for this role based on current salary data.
Another name for a billing specialist includes Office Manager, Accounting Assistant, Collections Specialist, Accounts Receivable Specialist, Revenue Specialist, Biller, Accounting Clerk, and Accounts Payable Specialist. The salary for a Third Party Billing Specialist ranges from $37,690 to $46,410, with a median salary of $41,760.
Walmart Billing Specialists earn between $37,690 and $46,410 annually, with a mid-salary of $41,760. This reflects a competitive range compared to the national average, providing a solid compensation package for this role. Salary data is based on various sources, ensuring a reliable overview of earnings in this position.
The salary for a Third Party Billing Specialist in the United States ranges from $37,690 to $46,410 per year, with a median salary of $41,760. This reflects the varying levels of experience and responsibilities within the role.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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