As of January 01, 2025, the average annual salary for a Medical Records Coding Technician III in the United States is $61,776. According to Salary.com, salaries can range from a low of $47,559 to a high of $79,332, with most professionals earning between $54,334 and $70,966.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $70,966 | $5,914 | $1,365 | $34 |
| Average | $61,776 | $5,148 | $1,188 | $30 |
| 25th Percentile | $54,334 | $4,528 | $1,045 | $26 |
An entry-level Medical Records Coding Technician III with less than 1 year of experience earns about $58,893. With 1-2 years of experience, the average salary increases to $59,444. For 2-4 years of experience, the pay typically rises to $61,999. Senior-level professionals with 5-8 years of experience earn around $65,811, and those with over 8 years of experience can expect an average of $66,083.
| Levels | Salary |
|---|---|
| Entry Level Medical Records Coding Technician III | $58,893 |
| Intermediate Level Medical Records Coding Technician III | $59,444 |
| Senior Level Medical Records Coding Technician III | $61,999 |
| Specialist Level Medical Records Coding Technician III | $65,811 |
| Expert Level Medical Records Coding Technician III | $66,083 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 0% |
| Top Level | 7% |
| Experienced | 7% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of January 01, 2025, our research reveals a significant shift in Medical Records Coding Technician III compensation over the past six years. For example, the median salary increased from $52,817 in 2023 to approximately $53,301 in 2024. (For a detailed analysis of Medical Records Coding Technician III salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Medical Records Coding Technician III information for you to search for. Click on search button below to see Medical Records Coding Technician III job openings or enter a new job title here.
Here are companies hiring for Medical Records Coding Technician III and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $61,776 | 70.9% | ||
| Bonus | $141 | 0.2% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $4,737 | 5.4% | ||
| 401K/403B | $2,910 | 3.3% | ||
| Disability | $495 | 0.6% | ||
| Healthcare | $6,056 | 6.9% | ||
| Pension | $3,405 | 3.9% | ||
| Time Off | $7,621 | 8.7% | ||
| Total Compensation | $87,140 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.5% |
| High School | 54.1% |
| Associates | 33.7% |
| Bachelors | 10.8% |
| Masters | 0.9% |
What Am I Worth?
The average annual salary of Medical Records Coding Technician III is $61,776. In case you are finding an easy salary calculator, the average hourly pay of Medical Records Coding Technician III is $30; the average weekly pay of Medical Records Coding Technician III is $1,188; the average monthly pay of Medical Records Coding Technician III is $5,148.
A Medical Records Coding Technician III's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Medical Records Coding Technician III earns the most in San Jose, CA, where the annual salary of a Medical Records Coding Technician III is $77,529.
The highest pay for Medical Records Coding Technician III is $79,332.
The lowest pay for Medical Records Coding Technician III is $47,559.
Medical Records Coding Technician III abstracts clinical information from medical records and assigns the appropriate ICD or CPT codes using industry-standard coding guidelines. Assigns required DRG (diagnosis-related grouping) codes. Being a Medical Records Coding Technician III works with coding databases and software to input and maintain data according to standard procedures. Performs quality audits of work. Additionally, Medical Records Coding Technician III maintains and up-to-date knowledge of coding and documentation requirements. Requires a medical coding certification. The exact type of coding certification may vary based on the clinical setting or a medical specialty focus. May require an associate degree. The AAPC Certified Professional Coder (CPC) certification is typically required. The Certified Coding Specialist (CCS) certification is also a typical requirement. Typically reports to a supervisor or manager. The Medical Records Coding Technician III works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Medical Records Coding Technician III typically requires 3-5 years of related 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.
Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
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.
Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
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.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
