Home > Salary > Egypt > 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: 94,590 EGP
Estimated Monthly Salary: 7,883 EGP
Estimated Weekly Salary: 1,819 EGP per week
Estimated Hourly Salary: 45 EGP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 7,620 EGP
Estimated Weekly Salary: 1,759 EGP per week
Estimated Hourly Salary: 44 EGP per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 2,875 USD
Estimated Monthly Salary: 240 USD
Estimated Weekly Salary: 55 USD per week
Estimated Hourly Salary: 1 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: 94,590 EGP
Estimated Monthly Salary: 7,883 EGP
Estimated Weekly Salary: 1,819 EGP per week
Estimated Hourly Salary: 45 EGP per hour
By working as Payment Depositor Medical Billing a person can save up to 76 USD per month or 907 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 Egypt, see costs of living in Egypt.
Estimated Yearly Salary for Payment Depositor Medical Billing
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Business systems administrator (159,291 EGP per year, pre-tax.)
Chief operating officer (coo), chief nursing officer (cno) (453,492 EGP per year, pre-tax.)
Management assistant (68,956 EGP per year, pre-tax.)
Data director (233,013 EGP per year, pre-tax.)
Senior staff counsel (240,232 EGP per year, pre-tax.)
Payment Depositor Medical Billing salary in Egypt
Average Yearly Salary of Payment Depositor Medical Billing in Egypt is approximately 94,590 EGP (2,875 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: 94,590 EGP
Estimated Monthly Salary: 7,883 EGP
Estimated Weekly Salary: 1,819 EGP per week
Estimated Hourly Salary: 45 EGP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 91,443 EGPEstimated Monthly Salary: 7,620 EGP
Estimated Weekly Salary: 1,759 EGP per week
Estimated Hourly Salary: 44 EGP per hour
Last revision of data: 2024-01-03Payment Depositor Medical Billing estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 2,875 USD
Estimated Monthly Salary: 240 USD
Estimated Weekly Salary: 55 USD per week
Estimated Hourly Salary: 1 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
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Salary comparison to National average
Egypt is a country located in northeastern Africa. It is bordered by the Mediterranean Sea to the north, Sudan to the south, Libya to the west, and Israel and the Red Sea to the east. With a population of over 100 million people, Egypt is the most populous country in the Arab world and the third most populous in Africa. The country covers an area of approximately 1,001,450 square kilometers, making it the 30th largest country in the world.
Estimated national average yearly salary is 125,870 EGP (4,100 USD). Value indicated is pre-tax. Below graph shows estimated Payment Depositor Medical Billing job salary compared to average salary in Egypt.
Comparison shows that a person working as Payment Depositor Medical Billing in Egypt earns on average:
0.75 times the average salary (or 75% of average salary).
Estimated national average yearly salary is 125,870 EGP (4,100 USD). Value indicated is pre-tax. Below graph shows estimated Payment Depositor Medical Billing job salary compared to average salary in Egypt.
Comparison shows that a person working as Payment Depositor Medical Billing in Egypt earns on average:
0.75 times the average salary (or 75% 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 104,049 EGP and 137,156 EGP. However this is an estimation based on Gaussian Distribution.How much can you save working as Payment Depositor Medical Billing in Egypt?
Living in Egypt the approximate monthly expenses are: 164 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: 94,590 EGP
Estimated Monthly Salary: 7,883 EGP
Estimated Weekly Salary: 1,819 EGP per week
Estimated Hourly Salary: 45 EGP per hour
By working as Payment Depositor Medical Billing a person can save up to 76 USD per month or 907 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 Egypt, see costs of living in Egypt.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sudan, Libya, Israel, Palestine, Jordan, Saudi Arabia. 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
Sudan is 534 USD
Israel is 38,213 USD
Jordan is 6,622 USD
Saudi Arabia is 19,347 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 Egypt
(1,412,052 EGP per year, pre-tax.)
2. Cardiologist
(1,175,406 EGP per year, pre-tax.)
(1,134,944 EGP per year, pre-tax.)
4. Neurosurgeon
(1,099,654 EGP per year, pre-tax.)
(1,099,601 EGP per year, pre-tax.)
6. Oncologist
(1,077,110 EGP per year, pre-tax.)
(1,074,437 EGP per year, pre-tax.)
(1,074,313 EGP per year, pre-tax.)
(1,072,829 EGP per year, pre-tax.)
(1,071,663 EGP per year, pre-tax.)
Data as of 2025Random salary:
Business systems administrator (159,291 EGP per year, pre-tax.)
Chief operating officer (coo), chief nursing officer (cno) (453,492 EGP per year, pre-tax.)
Management assistant (68,956 EGP per year, pre-tax.)
Data director (233,013 EGP per year, pre-tax.)
Senior staff counsel (240,232 EGP per year, pre-tax.)
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