Outpatient Coding Specialist salary in Iceland

Average Yearly Salary of Outpatient Coding Specialist in Iceland is approximately 8,782,669 ISK (61,350 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 Outpatient Coding Specialist do?

An outpatient coding specialist is responsible for accurately assigning codes to medical procedures and diagnoses for patients receiving outpatient care. These specialists review medical records, including physician notes and test results, to ensure that the appropriate codes are assigned based on industry coding guidelines. They play a crucial role in maintaining accurate healthcare records, insurance billing, and reimbursement processes. Outpatient coding specialists must have a strong understanding of medical terminology, anatomy, and physiology, as well as knowledge of coding systems such as ICD-10-CM and CPT. They work closely with healthcare providers, insurance companies, and other stakeholders to resolve any coding-related issues or discrepancies. Attention to detail, analytical skills, and the ability to work independently are essential for success in this occupation.

Skills: Outpatient coding, Medical coding, Healthcare records, ICD-10-CM, CPT, Reimbursement
Job industry: Healthcare

How much does Outpatient Coding Specialist make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Outpatient Coding Specialist a well paid job?

Yes, our data show that Outpatient Coding Specialist 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 Outpatient Coding Specialist?

High salary for Outpatient Coding Specialist would be somewhere between 9,660,936 ISK and 12,734,870 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Outpatient Coding 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: 8,782,669 ISK
Estimated Monthly Salary: 731,889 ISK
Estimated Weekly Salary: 168,897 ISK per week
Estimated Hourly Salary: 4,222 ISK per hour
By working as Outpatient Coding Specialist a person can save up to 2,384 USD per month or 28,604 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 Outpatient Coding 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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