Medical Billing and Collections Specialist Salary in the United States

Medical Billing And Collections - Average Salary $41,064

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Billing & Collections Specialist - Average Salary $58,732

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Medical Collections Specialist - Average Salary $42,330

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Billing and Collections Analyst IV - Average Salary $73,390

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.

Accounts Receivable, Billing, Collections Specialist - Average Salary $40,205

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