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Medical Billing/Collections Manager

Medical Billing/Collections Manager Job Description

Medical billing/collections managers oversee the financial operations related to patient billing, insurance claims and revenue cycle management. These professionals ensure timely reimbursement, reduce outstanding balances and maintain compliance with healthcare regulations.

Typical medical billing/collections manager duties:

Managing daily operations of billing and collections teamsOverseeing the submission of insurance claims and patient invoicesMonitoring accounts receivable and implementing strategies to reduce aging balancesEnsuring compliance with HIPAA, payer guidelines and healthcare regulationsResolving billing discrepancies and responding to patient and provider inquiriesCollaborating with finance, clinical and administrative teams to streamline processesPreparing reports on collection performance, denial trends and reimbursement metricsTraining staff on billing systems, coding updates and regulatory changesEnhancing revenue cycle workflows and recommending process improvements

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Salary for Medical Billing/Collections Manager
86500 - 106000
Low
86500
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
96250
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
106000
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Revenue Cycle Director 86000 111250 132250 Revenue Cycle Analyst 51250 65750 75250 Medical Billing/Collections Supervisor 61500 75250 87500 Claims Examiner Analyst 47250 57750 67750 Denials Specialist 37500 43000 50500 Medical Collections Specialist 39500 43000 51250 Medical Biller 39500 42750 50000 Payment Poster 37500 42000 46750 Charge Entry Clerk 37000 40750 46250 Claims Processor – Healthcare 36750 40750 47250

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.