Salary Data

Medical Collections Specialist Salary

How much does a Medical Collections Specialist make in the United States?
Get the insights on the salary, benefits, education, and job description.
Salary Data for Medical Collections Specialist

$37,011 (USD)/yr

$18 (USD)/hr

$577 (USD)/yr

$36,615 (USD)/yr

$18 (USD)/hr

$577 (USD)/yr

Job Description
Performs follow-up and collection of patient accounts, including telephone calls, meetings, and online inquiries with insurance companies, Medicare, Medicaid, patients, charity organizations, and other payors. Reviews and resolves medical claims. Analyzes accounts and reconciles balances. Interacts with both insurance companies and patients in explaining charges and collections.
The average medical collections specialist salary in United States is $37,011 or an equivalent hourly rate of $18. In addition, they earn an average bonus of $577. Salary estimates based on salary survey data collected directly from employers and anonymous employees in United States.
Compensation Data Based on Experience

$28,051 (USD)

$44,392 (USD)

Education

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Salary Potential

$42,906 (USD)

16 %

Based on our compensation data, the estimated salary potential for Medical Collections Specialist will increase 16 % over 5 years.

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About The Data
The above data is a sample of data available in ERI's Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. If you need to calculate competitive levels of salaries, incentives and total compensation by industry, organization size and salary planning date, please view a demonstration version of ERI's Salary Assessor, which is used by the majority of the Fortune 500 for salary survey data and compensation planning.
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