How Much Does a Medical Billing and Collections Specialist make?

Medical Billing and Collections Specialist made a median salary around $64,882 in October, 2024. The best-paid 25 percent made $74,832 probably that year, while the lowest-paid 25 percent made around $56,391. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Check out Medical Billing and Collections Specialist jobs in Stumpy Point, North Carolina

Medical Billing Specialist

Valley Cardiology, PA - Fayetteville, NC

Medical Billing Specialist

InStride Foot & Ankle Specialists - Concord, NC

DME Medical Billing Specialist

Private Label Staff - Matthews, NC

Nurse Practitioner

Cordele Vascular Specialist Center - CORDELE, GA

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Best-Paying Cities for Medical Billing and Collections Specialist

The metropolitan areas that pay the highest salary in the Medical Billing and Collections Specialist profession are Cary , Garner , Knightdale , Raleigh , Apex .
Cary, NC $67,084
Garner, NC $67,084
Knightdale, NC $67,084
Raleigh, NC $67,084
Apex, NC $67,015

Best-Paying States for Medical Billing and Collections Specialist

The states and districts that pay Medical Billing and Collections Specialist the highest salary are District of Columbia (around $76,579) , California (around $75,891) , New Jersey (around $75,409) , Alaska (around $74,927) , and Massachusetts (around $74,859) .
District of Columbia $76,579
California $75,891
New Jersey $75,409
Alaska $74,927
Massachusetts $74,859

Frequently Asked Questions for Medical Billing and Collections Specialist

Q: What is the salary range of Medical Billing and Collections Specialist in Stumpy Point, NC?
A: In 2024 , the lowest-paid Medical Billing and Collections Specialist in Stumpy Point, NC earned an average annual salary of $56,391 , while the highest-paid made $74,832.
Q: What is the salary for a Medical Billing and Collections Specialist in California?
A: Medical Billing and Collections Specialist employed in California earned an average salary of $75,891 in 2024.

Average Medical Billing and Collections Specialist Pay vs. Other Jobs

Medical Billing and Collections Specialist earned an average salary of $64,882 in 2024. Other jobs related to Medical Billing and Collections Specialist earned the following average salary in October, 2024. Medical Billing And Collections made $40,464 , Billing & Collections Specialist made $54,783 , Medical Collections Specialist and Medical Billing Specialist made $41,835 and $44,235 respectively .

Relevant Jobs of Medical Billing and Collections Specialist

Medical Billing And Collections - Average Salary $40,464
There is currently no job description for Medical Billing And Collections, be the first to submit the job responsibilities for Medical Billing And Collections.
Billing & Collections Specialist - Average Salary $54,783
There is currently no job description for Billing & Collections Specialist, be the first to submit the job responsibilities for Billing & Collections Specialist.
Medical Collections Specialist - Average Salary $41,835
There is currently no job description for Medical Collections Specialist, be the first to submit the job responsibilities for Medical Collections Specialist.
Medical Billing Specialist - Average Salary $44,235
Medical Billing Specialist reviews and verifies medical bills and invoices with accounts receivable ledger and patients. Ensures record accuracy, follows up, and makes necessary revisions. Being a Medical Billing Specialist processes changes in information system to support accurate and efficient billing process and financial close. Follows proper medical and insurance claim processes. Additionally, Medical Billing Specialist typically requires a high school diploma or equivalent. Typically reports to a supervisor or manager. The Medical Billing Specialist works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Medical Billing Specialist typically requires 1-3 years of related experience.
Billing and Collections Analyst IV - Average Salary $77,090
The Billing and Collections Analyst IV maintains and reconciles accounts receivable ledger to ensure accurate and timely receipt of payments. Analyzes accounts receivable transactions to ensure compliance with internal controls and accounting policies. Being a Billing and Collections Analyst IV generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Utilizes AR data to identify trends, inefficiencies, delinquent accounts, and opportunities for improvements to accounts receivable policies and procedures. In addition, Billing and Collections Analyst IV investigates and resolves discrepancies in billings and collections. Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms. May be responsible for ad hoc customer billing and responding to customer inquiries regarding bills. Requires a bachelor's degree. Typically reports to a manager. Being a Billing and Collections Analyst IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Working as a Billing and Collections Analyst IV typically requires 7+ years of related experience.