Home > Salary > Iraq > 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: 6,211,684 IQD
Estimated Monthly Salary: 517,640 IQD
Estimated Weekly Salary: 119,455 IQD per week
Estimated Hourly Salary: 2,986 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 500,793 IQD
Estimated Weekly Salary: 115,568 IQD per week
Estimated Hourly Salary: 2,889 IQD per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 4,212 USD
Estimated Monthly Salary: 351 USD
Estimated Weekly Salary: 81 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: 6,211,684 IQD
Estimated Monthly Salary: 517,640 IQD
Estimated Weekly Salary: 119,455 IQD per week
Estimated Hourly Salary: 2,986 IQD per hour
By working as Payment Depositor Medical Billing a person can save up to 111 USD per month or 1,332 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 Iraq, see costs of living in Iraq.
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 Iraq
Average Yearly Salary of Payment Depositor Medical Billing in Iraq is approximately 6,211,684 IQD (4,212 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: 6,211,684 IQD
Estimated Monthly Salary: 517,640 IQD
Estimated Weekly Salary: 119,455 IQD per week
Estimated Hourly Salary: 2,986 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 6,009,510 IQDEstimated Monthly Salary: 500,793 IQD
Estimated Weekly Salary: 115,568 IQD per week
Estimated Hourly Salary: 2,889 IQD per hour
Last revision of data: 2024-01-09Payment Depositor Medical Billing estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,212 USD
Estimated Monthly Salary: 351 USD
Estimated Weekly Salary: 81 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
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Country:
Salary comparison to National average
Iraq, a nation in the Middle East, possesses vast oil reserves, fueling its economy and global energy trade. Key industries include oil and gas extraction, agriculture, and a burgeoning construction sector as the nation rebuilds its infrastructure. The rich historical and cultural heritage also draws tourists. However, Iraq faces challenges including political instability and security concerns. Despite these, the country exhibits economic potential and a resilient population, striving to rebuild and diversify its economy beyond oil and embrace a future of growth and stability.
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Payment Depositor Medical Billing job salary compared to average salary in Iraq.
Comparison shows that a person working as Payment Depositor Medical Billing in Iraq earns on average:
0.76 times the average salary (or 76% of average salary).
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Payment Depositor Medical Billing job salary compared to average salary in Iraq.
Comparison shows that a person working as Payment Depositor Medical Billing in Iraq 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 6,832,852 IQD and 9,006,942 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Payment Depositor Medical Billing in Iraq?
Living in Iraq the approximate monthly expenses are: 240 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: 6,211,684 IQD
Estimated Monthly Salary: 517,640 IQD
Estimated Weekly Salary: 119,455 IQD per week
Estimated Hourly Salary: 2,986 IQD per hour
By working as Payment Depositor Medical Billing a person can save up to 111 USD per month or 1,332 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 Iraq, see costs of living in Iraq.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Iran, Jordan, Kuwait, Saudi Arabia, Syria, Turkey. 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
Iran is 5,532 USD
Jordan is 6,622 USD
Kuwait is 9,348 USD
Saudi Arabia is 19,347 USD
Syria is 2,576 USD
Turkey is 7,432 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 Iraq
(93,035,848 IQD per year, pre-tax.)
2. Cardiologist
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
4. Neurosurgeon
(72,585,795 IQD per year, pre-tax.)
(72,416,543 IQD per year, pre-tax.)
(70,778,229 IQD per year, pre-tax.)
(70,769,927 IQD per year, pre-tax.)
(70,594,393 IQD per year, pre-tax.)
9. Urologist
(70,443,660 IQD per year, pre-tax.)
10. Oncologist
(70,429,777 IQD per year, pre-tax.)
Data as of 2025Random salary:
Procurement assistant (6,617,224 IQD per year, pre-tax.)
Engineer technician (6,854,400 IQD per year, pre-tax.)
Chief security officer (cso) (26,166,716 IQD per year, pre-tax.)
Applications and support engineer (9,084,822 IQD per year, pre-tax.)
Vice president (vp), marketing business development (23,871,209 IQD per year, pre-tax.)
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This website provides salary figures solely for informational use. While we endeavor for correctness, we do not guarantee the precision of all figures. Users must double-check salary details with official sources before making career-related decisions. Salary estimates may fluctuate based on multiple elements, such as geographic location, experience, and job role. We accept no liability for misinterpretations in the salary estimates provided. By accessing optisalary.com, you acknowledge that salary data is not absolute.