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Billing consultant hiring summary. Here are some key points about hiring billing consultants in the United States:
Here's a step-by-step billing consultant hiring guide:
The billing consultant hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.
You should also consider the ideal background you'd like them a billing consultant to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a billing consultant that fits the bill.
The following list breaks down different types of billing consultants and their corresponding salaries.
| Type of Billing Consultant | Description | Hourly rate |
|---|---|---|
| Billing Consultant | Financial clerks do administrative work for many types of organizations. They keep records, help customers, and carry out financial transactions. | $36-57 |
| Account Representative | Account representatives are employees who manage client accounts and act as the main contact of the clients they are handling. They maintain existing accounts by updating client details regularly... Show more | $12-24 |
| Insurance Clerk | An insurance clerk usually works to process insurance, reinstatement, changes, or cancellations for a company or an individual account. They are responsible for monitoring, processing, and organizing different insurance claims for a client... Show more | $12-18 |
Including a salary range in your billing consultant job description helps attract top candidates to the position. A billing consultant salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for a billing consultant in Nebraska may be lower than in Maryland, and an entry-level billing consultant usually earns less than a senior-level billing consultant. Additionally, a billing consultant with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | District of Columbia | $129,471 | $62 |
| 2 | Maryland | $111,641 | $54 |
| 3 | Massachusetts | $109,552 | $53 |
| 4 | New York | $108,835 | $52 |
| 5 | Pennsylvania | $106,710 | $51 |
| 6 | California | $100,410 | $48 |
| 7 | Connecticut | $99,405 | $48 |
| 8 | Michigan | $99,305 | $48 |
| 9 | Arizona | $99,139 | $48 |
| 10 | Illinois | $97,203 | $47 |
| 11 | Texas | $96,065 | $46 |
| 12 | Washington | $94,746 | $46 |
| 13 | Ohio | $93,832 | $45 |
| 14 | Nevada | $91,928 | $44 |
| 15 | Wisconsin | $91,525 | $44 |
| 16 | Virginia | $90,444 | $43 |
| 17 | North Carolina | $90,384 | $43 |
| 18 | Georgia | $88,156 | $42 |
| 19 | Minnesota | $88,014 | $42 |
| 20 | Florida | $85,897 | $41 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Slalom | $109,993 | $52.88 | |
| 2 | Control Risks | $96,879 | $46.58 | |
| 3 | Synthesis Systems | $95,272 | $45.80 | |
| 4 | USM Business Systems | $95,068 | $45.71 | |
| 5 | Health IQ | $94,683 | $45.52 | |
| 6 | CVS Health | $94,655 | $45.51 | 21 |
| 7 | Avertra | $94,639 | $45.50 | |
| 8 | Verizon Communications | $94,535 | $45.45 | |
| 9 | Accenture | $89,938 | $43.24 | 22 |
| 10 | Northern Trust | $89,401 | $42.98 | |
| 11 | Mastech Digital | $87,118 | $41.88 | |
| 12 | Ernst & Young | $86,901 | $41.78 | |
| 13 | Cognizant | $84,339 | $40.55 | 53 |
| 14 | Tech Data | $79,824 | $38.38 | |
| 15 | C-Vision | $79,594 | $38.27 | |
| 16 | Huntsville Hospital | $72,430 | $34.82 | 3 |
A billing consultant job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a billing consultant job description:
There are a few common ways to find billing consultants for your business:
Recruiting billing consultants requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've found the billing consultant candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.
It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Before you start to hire billing consultants, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire billing consultants pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
You can expect to pay around $94,948 per year for a billing consultant, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for billing consultants in the US typically range between $36 and $57 an hour.