As of September 01, 2026, the average salary for a Medical Collections Specialist in the United States is $44,734 per year, which breaks down to an hourly rate of $22.
However, a Medical Collections Specialist's salary can vary significantly. Here’s a look at the typical salary range:
Medical Collections Specialist Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $47,558 | $3,963 | $915 | $23 |
| Average | $44,734 | $3,728 | $860 | $22 |
| 25th Percentile | $41,811 | $3,484 | $804 | $20 |
A Medical Collections Specialist's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how geographic location, education and company size can directly affect your earning potential.
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Customer Service | 4.02% |
| Billing Software | 2.04% |
| Microsoft Office | 1.53% |
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Medical Collections Specialist's salary.
| Skill | Salary | Salary % Increase |
|---|---|---|
| Collaboration | $48,760 | |
| Leadership | $46,971 | |
| Initiative | $46,971 |
Your level of education can impact your salary potential. While many Medical Collections Specialists 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 Medical Collections Specialist with a High School Diploma or Technical Certificate is between $42,358 and $44,691).
| Typical Education for Medical Collections Specialist | |
|---|---|
| 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 Medical Collections Specialist'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $47,558 | $3,963 | $915 | $23 |
| Average | $44,734 | $3,728 | $860 | $22 |
| 25th Percentile | $41,811 | $3,484 | $804 | $20 |
Salaries for a Medical Collections Specialist can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $35,175 in 2023 to around $34,883 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Medical Collections Specialist salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 | View More |
| 2023 | $35,175 |
| 2024 | $35,088 |
| 2025 | $34,883 |
| 2026 |
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|
| 2027 |
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|
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The Healthcare industry offers the highest average compensation for Medical Collections Specialist roles, with salaries approximately 50% above the market median.
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