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Medical Collections Specialist Salary
in Chicago, Illinois

$39,527 (USD)

Average Salary

$19/hr

Average Hourly

$617

Average Bonus

Last updated: June 15, 2019

Salary Recap

The average pay for a Medical Collections Specialist is $39,527 a year and $19 an hour in Chicago, Illinois, United States. The average salary range for a Medical Collections Specialist is between $29,957 and $47,409. On average, a High School Degree is the highest level of education for a Medical Collections Specialist. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Chicago, Illinois.

Average Salary Chart

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Job Summary

Description:
  • Performs follow-up and collection of patient accounts, including telephone calls, meetings, and online inquiries with insurance companies, Medicare, Medicaid, patients, charity organizations, and other payors.
  • Reviews and resolves medical claims.
  • Analyzes accounts and reconciles balances.
  • Interacts with both insurance companies and patients in explaining charges and collections.
Medical Collections Specialist Job Prevalence in Chicago, Illinois, United States

Job family: Bill and Account Collectors

Job family population: 271,700

Estimated population of Medical Collections Specialist jobs: 66,615

Rate of error: 1.4%

Salary Potential

Estimated salary in 2024:
$45,822
5 Year Change:
16 %

Education

Skills

About Chicago, Illinois

Chicago Cost of Living Score:

Description: Chicago ( (listen), locally also ), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,705,994 (2018), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States. Located on the shores of freshwater Lake Michigan, Chicago was incorporated...

Medical Collections Specialist Job Listings for Chicago, Illinois

Collections Specialist - Direct Hire - Base PLUS Commissions
Jun 11
Niles, IL, USA
Express Employment Professionals
Job DescriptionEdit Fast growing and reputable client seeking full-time Debt Collectors to collect on medical or consumer accounts (i.e. credit cards, private label, auto deficiency) Bilingual a plus.
Credit and Collections Specialist
Apr 11
Lincolnshire, IL, USA
Klein Tools
Responsibilities The Credit and Collections Analyst is accountable for working directly with ... Shared Cost Medical & Dental * Flex Spending * Education Reimbursement Program * Employee Discount ...
Experienced Commercial Legal Collections Specialist Needed ASAP
Apr 19
Schaumburg, IL, USA
Caine & Weiner
Self-Motivated Qualifications: * 1 year of commercial collections experience (preferred) * CUBS ... Available Medical, dental and vision insurance, vacation, sick time ,401K, AFLAC * Stable Schedule ...
Collections Representative
May 2
Schaumburg, IL, USA
KO Business Solutions
... Rep I/ Collections Specialist to join their growing team. This role is a contract to hire ... Medical Insurance Dental/Vision Insurance 401K (Employer Matching) Employee Appreciation Events ...
Medical Collections Specialist
May 6
Niles, IL, USA
Addison Group - Chicago Healthcare
Medical Collections Specialist Contract to Hire - Hands on Training! Hours: Mon-Fri 8:30a-5p Location: Niles, IL 60714 Requirements: * Previous medical insurance collections experience from a ...
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