Charge Entry Specialist salary in Iceland

Average Yearly Salary of Charge Entry Specialist in Iceland is approximately 6,389,435 ISK (44,753 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 Charge Entry Specialist do?

A charge entry specialist is responsible for accurately entering and coding medical charges into the billing system. They review patient records, insurance information, and treatment documentation to ensure that charges are correctly assigned and submitted for reimbursement. This occupation requires excellent attention to detail, as any errors in charge entry can lead to payment delays or denials. The charge entry specialist works closely with other members of the healthcare team, including physicians, nurses, and administrative staff, to gather necessary information and resolve any discrepancies. They must have a solid understanding of medical coding guidelines and regulations, such as CPT and ICD-10 codes, to ensure proper billing practices.

Skills: charge entry, medical billing, coding, healthcare administration, reimbursement, attention to detail.
Job industry: Healthcare

How much does Charge Entry Specialist make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Charge Entry Specialist a well paid job?

No, our data shows that Charge Entry Specialist is typically not a well-paid job. The salary varies based on experience. Meaning that even though Charge Entry Specialist might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Charge Entry Specialist?

High salary for Charge Entry Specialist would be somewhere between 7,028,379 ISK and 9,264,681 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Charge Entry Specialist in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 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: 6,389,435 ISK
Estimated Monthly Salary: 532,453 ISK
Estimated Weekly Salary: 122,874 ISK per week
Estimated Hourly Salary: 3,072 ISK per hour
By working as Charge Entry Specialist a person can save up to 1,001 USD per month or 12,007 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 Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Charge Entry Specialist

Last revision of data: 2025-01-04

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 +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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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