Medical Coding Auditor salary in Iceland

Average Yearly Salary of Medical Coding Auditor in Iceland is approximately 10,048,505 ISK (69,991 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 Coding Auditor do?

A medical coding auditor is responsible for reviewing and evaluating the accuracy and completeness of medical coding and documentation within healthcare facilities. They ensure that medical codes assigned to diagnoses, procedures, and treatments are in compliance with coding guidelines and regulations. The auditor conducts thorough assessments of medical records, identifies discrepancies or errors, and provides feedback to coding staff and healthcare providers to improve coding practices. They also collaborate with other departments to develop and implement coding education and training programs. This occupation requires strong knowledge of medical coding systems (e.g., ICD-10, CPT), coding guidelines, and regulatory requirements (e.g., HIPAA). Attention to detail, analytical skills, and proficiency in medical terminology are essential. Additionally, communication and leadership skills are necessary to effectively communicate audit findings and recommendations.

Skills: medical coding auditor, coding compliance, medical records review, coding guidelines, coding education, healthcare auditing.
Job industry: Healthcare

How much does Medical Coding Auditor make?

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


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Salary comparison to National average

Is Medical Coding Auditor a well paid job?

Yes, our data show that Medical Coding Auditor 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 Medical Coding Auditor?

High salary for Medical Coding Auditor would be somewhere between 11,053,356 ISK and 14,570,332 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Medical Coding Auditor 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: 10,048,505 ISK
Estimated Monthly Salary: 837,375 ISK
Estimated Weekly Salary: 193,240 ISK per week
Estimated Hourly Salary: 4,831 ISK per hour
By working as Medical Coding Auditor a person can save up to 3,104 USD per month or 37,245 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 Medical Coding Auditor

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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