Home > Salary > Ecuador > 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: 124,520,947 ECS
Estimated Monthly Salary: 10,376,746 ECS
Estimated Weekly Salary: 2,394,634 ECS per week
Estimated Hourly Salary: 59,866 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,045,629 ECS
Estimated Weekly Salary: 2,318,222 ECS per week
Estimated Hourly Salary: 57,956 ECS per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 4,416 USD
Estimated Monthly Salary: 368 USD
Estimated Weekly Salary: 85 USD per week
Estimated Hourly Salary: 2 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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 124,520,947 ECS
Estimated Monthly Salary: 10,376,746 ECS
Estimated Weekly Salary: 2,394,634 ECS per week
Estimated Hourly Salary: 59,866 ECS per hour
By working as Payment Depositor Medical Billing a person can save up to 116 USD per month or 1,387 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 Ecuador, see costs of living in Ecuador.
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 Ecuador
Average Yearly Salary of Payment Depositor Medical Billing in Ecuador is approximately 124,520,947 ECS (4,416 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: 124,520,947 ECS
Estimated Monthly Salary: 10,376,746 ECS
Estimated Weekly Salary: 2,394,634 ECS per week
Estimated Hourly Salary: 59,866 ECS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 120,547,544 ECSEstimated Monthly Salary: 10,045,629 ECS
Estimated Weekly Salary: 2,318,222 ECS per week
Estimated Hourly Salary: 57,956 ECS per hour
Last revision of data: 2024-01-02Payment Depositor Medical Billing estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,416 USD
Estimated Monthly Salary: 368 USD
Estimated Weekly Salary: 85 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It has a population of approximately 17 million people and covers an area of about 283,561 square kilometers.
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Payment Depositor Medical Billing job salary compared to average salary in Ecuador.
Comparison shows that a person working as Payment Depositor Medical Billing in Ecuador earns on average:
0.76 times the average salary (or 76% of average salary).
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Payment Depositor Medical Billing job salary compared to average salary in Ecuador.
Comparison shows that a person working as Payment Depositor Medical Billing in Ecuador earns on average:
0.76 times the average salary (or 76% of average salary).
Is Payment Depositor Medical Billing a well paid job?
No, our data shows that Payment Depositor Medical Billing is typically not a well-paid job. The salary varies based on experience. Meaning that even though Payment Depositor Medical Billing might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Payment Depositor Medical Billing?
High salary for Payment Depositor Medical Billing would be somewhere between 136,973,042 ECS and 180,555,373 ECS. However this is an estimation based on Gaussian Distribution.How much can you save working as Payment Depositor Medical Billing in Ecuador?
Living in Ecuador the approximate monthly expenses are: 252 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: 124,520,947 ECS
Estimated Monthly Salary: 10,376,746 ECS
Estimated Weekly Salary: 2,394,634 ECS per week
Estimated Hourly Salary: 59,866 ECS per hour
By working as Payment Depositor Medical Billing a person can save up to 116 USD per month or 1,387 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 Ecuador, see costs of living in Ecuador.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Colombia, Peru. 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
Colombia is 4,555 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 Ecuador
(1,855,980,438 ECS per year, pre-tax.)
2. Cardiologist
(1,555,155,042 ECS per year, pre-tax.)
(1,492,481,780 ECS per year, pre-tax.)
4. Neurosurgeon
(1,451,252,556 ECS per year, pre-tax.)
(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
(1,418,715,651 ECS per year, pre-tax.)
(1,416,409,138 ECS per year, pre-tax.)
9. Oncologist
(1,414,323,101 ECS per year, pre-tax.)
10. Urologist
(1,413,729,680 ECS per year, pre-tax.)
Data as of 2025Random salary:
Brand strategist (221,672,911 ECS per year, pre-tax.)
Test engineer computer hardware (211,127,180 ECS per year, pre-tax.)
Stock clerk grocery store (85,548,046 ECS per year, pre-tax.)
Senior human resources (hr), generalist (244,855,332 ECS per year, pre-tax.)
Primary school teacher (132,564,007 ECS per year, pre-tax.)
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