As of March 01, 2025, the average hourly pay of Medical Billing Specialist I in the United States is $20. While Salary.com is seeing that Medical Billing Specialist I salary in the US can go up to $24 or down to $16, but most earn between $18 and $22. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Medical Billing Specialist I in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $46,642 | $3,887 | $897 | $22 |
| Average | $41,968 | $3,497 | $807 | $20 |
| 25th Percentile | $37,873 | $3,156 | $728 | $18 |
As of March 01, 2025, Salary.com is seeing that an entry-level Medical Billing Specialist I with under 1 year experience makes about $42,979. With less than 2 years of experience, a mid-level Medical Billing Specialist I makes around $44,364. After 2-4 years, the Medical Billing Specialist I pay rises to about $47,048. Those senior Medical Billing Specialist I with 5-8 years of experience earn roughly $47,441, and those Medical Billing Specialist I having 8 years or more experience is expected to earn about $47,638 on average.
| Levels | Salary |
|---|---|
| Entry Level Medical Billing Specialist I | $42,979 |
| Intermediate Level Medical Billing Specialist I | $44,364 |
| Senior Level Medical Billing Specialist I | $47,048 |
| Specialist Level Medical Billing Specialist I | $47,441 |
| Expert Level Medical Billing Specialist I | $47,638 |
| Entry Level | 2% |
| Mid Level | 6% |
| Senior Level | 12% |
| Top Level | 13% |
| Experienced | 14% |
Salaries in the United States can vary significantly from state to state due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of March 01, 2025, the average yearly salary of Medical Billing Specialist I is $46,291 in California and in Massachusetts, the average annual salary goes to $45,662. While in New Jersey, a Medical Billing Specialist I earns $45,997 per year.
What Am I Worth?
Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of March 01, 2025, the average yearly salary of Medical Billing Specialist I in San Francisco, CA is $52,461 and in New York, NY, the average annual salary goes to $49,019. While a Medical Billing Specialist I earns $47,047 per year in Boston, MA.
For those exploring the changing dynamics of Medical Billing Specialist I salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of March 01, 2025, our research highlights a notable shift in Medical Billing Specialist I compensation over the past six years. For instance, the median salary has moved from $34,573 in 2023 to about $34,488 in 2024 (for a comprehensive analysis of Medical Billing Specialist I salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.
Salary.com job board provides millions of Medical Billing Specialist I information for you to search for. Click on search button below to see Medical Billing Specialist I job openings or enter a new job title here.
Here are companies hiring for Medical Billing Specialist I and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $41,968 | 68.6% | ||
| Bonus | $107 | 0.2% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $3,219 | 5.3% | ||
| 401K/403B | $1,978 | 3.2% | ||
| Disability | $337 | 0.6% | ||
| Healthcare | $6,056 | 9.9% | ||
| Pension | $2,314 | 3.8% | ||
| Time Off | $5,179 | 8.5% | ||
| Total Compensation | $61,157 | 100% | ||
| 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% |
What Am I Worth?
Medical Billing Specialist I prepares and processes medical invoices to support timely and efficient billing operations. Documents and inputs payment records in accordance with industry standards and government regulations. Being a Medical Billing Specialist I collects and updates patient billing and insurance information to maintain medical billing information systems and ensure organized and accurate records. Prepares and distributes applicable documentation and resources for patients. Additionally, Medical Billing Specialist I liaises with patients, medical providers, and insurance companies, resolving billing inquiries and gathering additional patient information as necessary. Remains knowledgeable and compliant with proper medical and insurance claim processes. Requires a high school diploma. Typically reports to a supervisor. The Medical Billing Specialist I works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience.
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.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Data Entry: Transcribing information into an electronic medium such as a computer or other electronic device.
Health Care: Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration, or cure of disease, illness, injury, and other physical and mental impairments in people.
