Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Billing specialist hiring summary. Here are some key points about hiring billing specialists in the United States:
Here's a step-by-step billing specialist hiring guide:
Billing specialists are accounting or finance employees who are responsible for sending out billing invoices to clients. They calculate charges that their clients have incurred. They then write bills, ensure that all details are correct, and send these out to clients. They also manage payment due dates and ensure that clients are duly reminded of such deadlines. Billing specialists also manage client accounts and ensure that they are paying on time. They help identify clients who have outstanding payables and send out collection notices to them. At times, billing specialists also manage the receipt of payments to manage account records better.
First, determine the employments status of the billing specialist you need to hire. Certain billing specialist roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
A billing specialist's background is also an important factor in determining whether they'll be a good fit for the position. For example, billing specialists from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
Here's a comparison of billing specialist salaries for various roles:
| Type of Billing Specialist | Description | Hourly rate |
|---|---|---|
| Billing Specialist | Financial clerks do administrative work for many types of organizations. They keep records, help customers, and carry out financial transactions. | $12-21 |
| Biller | Billers are medical professionals who are responsible for translating health care services into medical claims to be submitted to insurance companies. These billers are required to obtain patient medical records and interpret them to determine the billable units and services... Show more | $13-23 |
| Medical Billing Clerk | A medical billing clerk is primarily in charge of processing payments and creating billing arrangements in clinics and hospitals. Among their responsibilities include gathering and verifying patient identification, handling insurance information, coding, updating databases, and maintaining records... Show more | $12-19 |
Including a salary range in your billing specialist job description helps attract top candidates to the position. A billing specialist 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 specialist in South Carolina may be lower than in Delaware, and an entry-level billing specialist usually earns less than a senior-level billing specialist. Additionally, a billing specialist 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 | $55,412 | $27 |
| 2 | Massachusetts | $43,201 | $21 |
| 3 | New Jersey | $41,160 | $20 |
| 4 | New York | $40,810 | $20 |
| 5 | Washington | $39,507 | $19 |
| 6 | Oregon | $38,877 | $19 |
| 7 | Maryland | $38,855 | $19 |
| 8 | Minnesota | $38,753 | $19 |
| 9 | California | $38,078 | $18 |
| 10 | Colorado | $36,719 | $18 |
| 11 | Illinois | $36,278 | $17 |
| 12 | Pennsylvania | $35,989 | $17 |
| 13 | Virginia | $35,519 | $17 |
| 14 | Maine | $35,504 | $17 |
| 15 | Michigan | $34,854 | $17 |
| 16 | Nebraska | $33,867 | $16 |
| 17 | Arizona | $33,493 | $16 |
| 18 | Utah | $33,229 | $16 |
| 19 | Texas | $33,073 | $16 |
| 20 | Missouri | $32,725 | $16 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | TIBCO Software | $72,743 | $34.97 | |
| 2 | Capgemini | $61,303 | $29.47 | 6 |
| 3 | Deloitte | $57,008 | $27.41 | 270 |
| 4 | Infosys Public Service | $56,785 | $27.30 | 8 |
| 5 | Wpp Us Holdings Inc | $52,325 | $25.16 | |
| 6 | Tesoro | $51,029 | $24.53 | |
| 7 | CBIZ | $50,934 | $24.49 | 3 |
| 8 | Armanino | $48,589 | $23.36 | |
| 9 | Relevante | $48,214 | $23.18 | |
| 10 | Kent Daniels & Associates | $46,710 | $22.46 | 10 |
| 11 | Perkins Coie | $46,675 | $22.44 | 2 |
| 12 | ARA | $46,520 | $22.37 | |
| 13 | National Grid plc | $46,272 | $22.25 | |
| 14 | Nebraska Public Power District | $45,596 | $21.92 | |
| 15 | Crowe | $45,347 | $21.80 | |
| 16 | ORBCOMM | $44,425 | $21.36 | |
| 17 | Baker Hughes | $44,253 | $21.28 | 4 |
| 18 | Dana-Farber Cancer Institute | $43,652 | $20.99 | 2 |
| 19 | Virginia Eye Institute | $43,471 | $20.90 | |
| 20 | United Natural Foods | $43,140 | $20.74 | 2 |
A good billing specialist job description should include a few things:
Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of a billing specialist job description:
There are a few common ways to find billing specialists for your business:
During your first interview to recruit billing specialists, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
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 selected the best billing specialist candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.
It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.
Once that's done, you can draft an onboarding schedule for the new billing specialist. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.
Before you start to hire billing specialists, 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 specialists pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
The median annual salary for billing specialists is $35,624 in the US. However, the cost of billing specialist hiring can vary a lot depending on location. Additionally, hiring a billing specialist for contract work or on a per-project basis typically costs between $12 and $21 an hour.