Home > Salary > Bolivia > Medical Billing Specialist
A medical billing specialist is responsible for managing and processing medical claims and invoices for healthcare services. They ensure accurate coding, documentation, and submission of claims to insurance companies or government programs. These specialists review patient records, verify insurance coverage, and calculate charges based on the services provided. They also communicate with healthcare providers, patients, and insurance companies to resolve billing issues and ensure timely payment.
The role of a medical billing specialist requires strong attention to detail, knowledge of medical terminology and coding systems (such as CPT and ICD-10), and proficiency in using billing software and electronic health record systems. They must stay updated with insurance regulations and guidelines to ensure compliance and maximize reimbursement for the healthcare facility. Strong communication and problem-solving skills are essential in this occupation to effectively navigate complex billing processes and resolve any disputes or discrepancies.
Estimated Yearly Salary: 2,408 BOB
Estimated Monthly Salary: 201 BOB
Estimated Weekly Salary: 46 BOB per week
Estimated Hourly Salary: 1 BOB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 194 BOB
Estimated Weekly Salary: 45 BOB per week
Estimated Hourly Salary: 1 BOB per hour
Last revision of data: 2024-02-06
Estimated Yearly Salary: 435 USD
Estimated Monthly Salary: 36 USD
Estimated Weekly Salary: 8 USD per week
Estimated Hourly Salary: 0 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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.
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Estimated Yearly Salary: 2,408 BOB
Estimated Monthly Salary: 201 BOB
Estimated Weekly Salary: 46 BOB per week
Estimated Hourly Salary: 1 BOB per hour
Our data indicates that by working as Medical Billing Specialist you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Bolivia, see costs of living in Bolivia.
Estimated Yearly Salary for Medical Billing Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Medical Billing Specialist salary in Bolivia
Average Yearly Salary of Medical Billing Specialist in Bolivia is approximately 2,408 BOB (435 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 Medical Billing Specialist do?

Skills: medical billing, healthcare administration, medical coding, insurance claims, revenue cycle management, healthcare finance
Job industry: Healthcare
Job industry: Healthcare
How much does Medical Billing Specialist make?
Salary details
How much does Medical Billing Specialist make?Estimated Yearly Salary: 2,408 BOB
Estimated Monthly Salary: 201 BOB
Estimated Weekly Salary: 46 BOB per week
Estimated Hourly Salary: 1 BOB per hour
Comparing salary to last year:
Estimated Yearly Salary: 2,332 BOBEstimated Monthly Salary: 194 BOB
Estimated Weekly Salary: 45 BOB per week
Estimated Hourly Salary: 1 BOB per hour
Medical Billing Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 435 USD
Estimated Monthly Salary: 36 USD
Estimated Weekly Salary: 8 USD per week
Estimated Hourly Salary: 0 USD per hour
Difference in salary year over year or average salary increase is approximately
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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Country:
Salary comparison to National average
Bolivia, located in South America, is a landlocked country bordered by Brazil, Paraguay, Argentina, Chile, and Peru. It has a population of approximately 11.6 million people and covers an area of about 1.1 million square kilometers. The country's diverse geography includes the Andes Mountains, the Amazon rainforest, and the vast Altiplano plateau.
Estimated national average yearly salary is 569 BOB (3,450 USD). Value indicated is pre-tax. Below graph shows estimated Medical Billing Specialist job salary compared to average salary in Bolivia.
Comparison shows that a person working as Medical Billing Specialist in Bolivia earns on average:
4.23 times the average salary (or 423% of average salary).
Estimated national average yearly salary is 569 BOB (3,450 USD). Value indicated is pre-tax. Below graph shows estimated Medical Billing Specialist job salary compared to average salary in Bolivia.
Comparison shows that a person working as Medical Billing Specialist in Bolivia earns on average:
4.23 times the average salary (or 423% of average salary).
Is Medical Billing Specialist a well paid job?
Yes, our data show that Medical Billing Specialist is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Medical Billing Specialist?
High salary for Medical Billing Specialist would be somewhere between 2,649 BOB and 3,492 BOB. However this is an estimation based on Gaussian Distribution.How much can you save working as Medical Billing Specialist in Bolivia?
Living in Bolivia the approximate monthly expenses are: 138 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: 2,408 BOB
Estimated Monthly Salary: 201 BOB
Estimated Weekly Salary: 46 BOB per week
Estimated Hourly Salary: 1 BOB per hour
Our data indicates that by working as Medical Billing Specialist you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Bolivia, see costs of living in Bolivia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Peru, Brazil, Paraguay, Argentina, Chile. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Medical Billing Specialist
Salary 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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 10 highest salaries in Bolivia
(35,917 BOB per year, pre-tax.)
2. Cardiologist
(30,031 BOB per year, pre-tax.)
(28,915 BOB per year, pre-tax.)
4. Neurosurgeon
(28,102 BOB per year, pre-tax.)
(27,971 BOB per year, pre-tax.)
6. Oncologist
(27,454 BOB per year, pre-tax.)
(27,431 BOB per year, pre-tax.)
(27,421 BOB per year, pre-tax.)
(27,374 BOB per year, pre-tax.)
10. Urologist
(27,316 BOB per year, pre-tax.)
Random salary:
Hr reporting analyst (3,328 BOB per year, pre-tax.)
Mixing engineer (4,770 BOB per year, pre-tax.)
Facilities electrical engineer (5,603 BOB per year, pre-tax.)
Land mobile radio technician (2,512 BOB per year, pre-tax.)
Laboratory scientist ii (3,956 BOB per year, pre-tax.)
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This website offers salary insights for informational purposes exclusively. While we collect data from various sources, we cannot guarantee full accuracy. Users are advised to review trusted organizations before making major financial moves. Salaries fluctuate due to numerous factors, such as experience, industry trends, and negotiation tactics. We make no guarantee regarding the correctness of the displayed salary figures. Your use of this site confirms your understanding of these conditions.