Home > Salary > Australia > Payment Depositor Medical Billing
The occupation of a payment depositor in medical billing involves handling and processing payments received from patients, insurance companies, and other third-party payers. The primary responsibility is to accurately record and deposit payments into the appropriate accounts. This role requires strong attention to detail, as the payment depositor must ensure that all payments are correctly allocated and posted to the correct patient accounts.
Additionally, the payment depositor may be tasked with reconciling discrepancies or errors in payment records, communicating with patients or insurance companies regarding payment issues, and maintaining accurate financial records. They may also be responsible for generating reports related to payment activity and assisting with financial audits.
Estimated Yearly Salary: 84,813 AUD
Estimated Monthly Salary: 7,068 AUD
Estimated Weekly Salary: 1,631 AUD per week
Estimated Hourly Salary: 41 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 6,807 AUD
Estimated Weekly Salary: 1,571 AUD per week
Estimated Hourly Salary: 39 AUD per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 42,421 USD
Estimated Monthly Salary: 3,535 USD
Estimated Weekly Salary: 816 USD per week
Estimated Hourly Salary: 20 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 84,813 AUD
Estimated Monthly Salary: 7,068 AUD
Estimated Weekly Salary: 1,631 AUD per week
Estimated Hourly Salary: 41 AUD per hour
By working as Payment Depositor Medical Billing a person can save up to 1,118 USD per month or 13,415 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Estimated Yearly Salary for Payment Depositor Medical Billing
Last revision of data: 2025-01-04
Data as of 2025
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Payment Depositor Medical Billing salary in Australia
Average Yearly Salary of Payment Depositor Medical Billing in Australia is approximately 84,813 AUD (42,421 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Payment Depositor Medical Billing do?
The occupation of a payment depositor in medical billing involves handling and processing payments received from patients, insurance companies, and other third-party payers. The primary responsibility is to accurately record and deposit payments into the appropriate accounts. This role requires strong attention to detail, as the payment depositor must ensure that all payments are correctly allocated and posted to the correct patient accounts.
Additionally, the payment depositor may be tasked with reconciling discrepancies or errors in payment records, communicating with patients or insurance companies regarding payment issues, and maintaining accurate financial records. They may also be responsible for generating reports related to payment activity and assisting with financial audits.
Skills: Payment Depositor, Medical Billing, Payment Processing, Account Reconciliation, Financial Records, Insurance Payments
Job industry: Healthcare
Job industry: Healthcare
How much does Payment Depositor Medical Billing make?
Salary details
How much does Payment Depositor Medical Billing make?Estimated Yearly Salary: 84,813 AUD
Estimated Monthly Salary: 7,068 AUD
Estimated Weekly Salary: 1,631 AUD per week
Estimated Hourly Salary: 41 AUD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 81,678 AUDEstimated Monthly Salary: 6,807 AUD
Estimated Weekly Salary: 1,571 AUD per week
Estimated Hourly Salary: 39 AUD per hour
Last revision of data: 2024-01-07Payment Depositor Medical Billing estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 42,421 USD
Estimated Monthly Salary: 3,535 USD
Estimated Weekly Salary: 816 USD per week
Estimated Hourly Salary: 20 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Australia is a vast country located in the southern hemisphere. It has a diverse population of approximately 25 million people. The country spans an area of about 7.7 million square kilometers, making it the sixth-largest country in the world. Australia is surrounded by the Indian and Pacific Oceans and is known for its stunning landscapes, including the Great Barrier Reef, Uluru, and the Outback.
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Payment Depositor Medical Billing job salary compared to average salary in Australia.
Comparison shows that a person working as Payment Depositor Medical Billing in Australia earns on average:
1.01 times the average salary (or 101% of average salary).
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Payment Depositor Medical Billing job salary compared to average salary in Australia.
Comparison shows that a person working as Payment Depositor Medical Billing in Australia earns on average:
1.01 times the average salary (or 101% of average salary).
Is Payment Depositor Medical Billing a well paid job?
Yes, our data show that Payment Depositor Medical Billing is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Payment Depositor Medical Billing?
High salary for Payment Depositor Medical Billing would be somewhere between 93,294 AUD and 122,979 AUD. However this is an estimation based on Gaussian Distribution.How much can you save working as Payment Depositor Medical Billing in Australia?
Living in Australia the approximate monthly expenses are: 2,417 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 84,813 AUD
Estimated Monthly Salary: 7,068 AUD
Estimated Weekly Salary: 1,631 AUD per week
Estimated Hourly Salary: 41 AUD per hour
By working as Payment Depositor Medical Billing a person can save up to 1,118 USD per month or 13,415 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Indonesia, Papua New Guinea, East Timor. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Payment Depositor Medical Billing
Indonesia is 7,373 USD
East Timor is 31,365 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Australia
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8. Oncologist
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(958,953 AUD per year, pre-tax.)
10. Plastic surgeon
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Data as of 2025Random salary:
Worship pastor (60,993 AUD per year, pre-tax.)
Funding coordinator (76,408 AUD per year, pre-tax.)
Tech analyst (91,756 AUD per year, pre-tax.)
Procurement clerk (81,678 AUD per year, pre-tax.)
Morning anchor (75,124 AUD per year, pre-tax.)
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