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Last updated: October 31, 2024
Chargemaster Coordinator Salary
in Medford, New York
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
$98,394 (USD)
Average Salary
$47/hr
Average Hourly
$3,552
Average Bonus
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Last updated: October 31, 2024
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Salary Recap
The average pay for a Chargemaster Coordinator is $98,394 a year and $47 an hour in Medford, New York, United States. The average salary range for a Chargemaster Coordinator is between $70,155 and $118,762. On average, an Associate Degree is the highest level of education for a Chargemaster Coordinator. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Medford, New York.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
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Salary Potential
Salary Potential
Estimated salary in 2029:
$110,523
5 Year Change:
12 %
Shift Differentials
Shift Differentials
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About Medford, New York
Medford Cost of Living Score:
Description:
Medford is a hamlet and census-designated place (CDP) in the Town of Brookhaven in Suffolk County, on Long Island, in New York, United States. The population was 24,247 at the 2020 census.
Job Summary
Description:
- Develops, maintains, updates, evaluates, and implements the Charge Description Master (CDM or chargemaster) and its pricing scheme to include proper coding for billing purposes and regulatory compliance.
- Identifies and determines hospital patient charges amounts that meet applicable Federal, State and third party payer regulations and guidelines by performing and documenting complex analysis of data from various sources, i.e., medical coding guidelines, revenue and usage reports, procurement systems, Medicare, Medicaid, managed care contracts, etc.
- Reviews code descriptions to the list for consistency, and monitors the chargemaster for accuracy and consistency with the pricing policy between departments and for set up, errors, and compliance with current and future regulations.
- Maintains and enhances a supportable pricing strategy in comparison to external benchmarks, and ensures patients and their insurance companies won't be charged too much or that the hospital won't charge too little.
Chargemaster Coordinator Job Listings for
No listings found
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Salary Recap
The average pay for a Chargemaster Coordinator is $98,394 a year and $47 an hour in Medford, New York, United States. The average salary range for a Chargemaster Coordinator is between $70,155 and $118,762. On average, an Associate Degree is the highest level of education for a Chargemaster Coordinator. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Medford, New York.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsJob Statistics
Chargemaster Coordinator Job Prevalence in the United States
Job family: Buyers and Purchasing Agents
Job family population: 477,980
Estimated population of Chargemaster Coordinator jobs: 32,407
Rate of error: 1.0%
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About Medford, New York
Medford Cost of Living Score:
Description:
Medford is a hamlet and census-designated place (CDP) in the Town of Brookhaven in Suffolk County, on Long Island, in New York, United States. The population was 24,247 at the 2020 census.
Job Summary
Description:
- Develops, maintains, updates, evaluates, and implements the Charge Description Master (CDM or chargemaster) and its pricing scheme to include proper coding for billing purposes and regulatory compliance.
- Identifies and determines hospital patient charges amounts that meet applicable Federal, State and third party payer regulations and guidelines by performing and documenting complex analysis of data from various sources, i.e., medical coding guidelines, revenue and usage reports, procurement systems, Medicare, Medicaid, managed care contracts, etc.
- Reviews code descriptions to the list for consistency, and monitors the chargemaster for accuracy and consistency with the pricing policy between departments and for set up, errors, and compliance with current and future regulations.
- Maintains and enhances a supportable pricing strategy in comparison to external benchmarks, and ensures patients and their insurance companies won't be charged too much or that the hospital won't charge too little.
Chargemaster Coordinator Job Listings for
No listings found
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
National Compensation Forecast October 2024
ERI examines compensation trends and changes for the upcoming year to provide guidance on the expected salary increase for the upcoming year.
Read More
Remote Work, AI, and Compensation Best Practices Survey Results - Spring 2024
Learn how remote work and artificial intelligence changes how organizations approach labor and compensation practices.
Read More
Planning Global Compensation Budgets for 2025
Learn about current global salary trends and salary increases in 2024 to strategically inform your financial planning decision for the upcoming year.
Read More