Home > Salary > Lebanon > 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: 94,791,428 LBP
Estimated Monthly Salary: 7,899,286 LBP
Estimated Weekly Salary: 1,822,912 LBP per week
Estimated Hourly Salary: 45,573 LBP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 7,642,263 LBP
Estimated Weekly Salary: 1,763,599 LBP per week
Estimated Hourly Salary: 44,090 LBP per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 5,793 USD
Estimated Monthly Salary: 483 USD
Estimated Weekly Salary: 111 USD per week
Estimated Hourly Salary: 3 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: 94,791,428 LBP
Estimated Monthly Salary: 7,899,286 LBP
Estimated Weekly Salary: 1,822,912 LBP per week
Estimated Hourly Salary: 45,573 LBP per hour
By working as Payment Depositor Medical Billing a person can save up to 151 USD per month or 1,809 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 Lebanon, see costs of living in Lebanon.
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 Lebanon
Average Yearly Salary of Payment Depositor Medical Billing in Lebanon is approximately 94,791,428 LBP (5,793 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: 94,791,428 LBP
Estimated Monthly Salary: 7,899,286 LBP
Estimated Weekly Salary: 1,822,912 LBP per week
Estimated Hourly Salary: 45,573 LBP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 91,707,150 LBPEstimated Monthly Salary: 7,642,263 LBP
Estimated Weekly Salary: 1,763,599 LBP per week
Estimated Hourly Salary: 44,090 LBP per hour
Last revision of data: 2024-01-07Payment Depositor Medical Billing estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,793 USD
Estimated Monthly Salary: 483 USD
Estimated Weekly Salary: 111 USD per week
Estimated Hourly Salary: 3 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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Lebanon is a small country located in the Middle East on the eastern shore of the Mediterranean Sea. It has a diverse population of approximately 6 million people. The country covers an area of around 10,452 square kilometers, making it one of the smallest countries in the region.
Estimated national average yearly salary is 124,500,000 LBP (8,300 USD). Value indicated is pre-tax. Below graph shows estimated Payment Depositor Medical Billing job salary compared to average salary in Lebanon.
Comparison shows that a person working as Payment Depositor Medical Billing in Lebanon earns on average:
0.76 times the average salary (or 76% of average salary).
Estimated national average yearly salary is 124,500,000 LBP (8,300 USD). Value indicated is pre-tax. Below graph shows estimated Payment Depositor Medical Billing job salary compared to average salary in Lebanon.
Comparison shows that a person working as Payment Depositor Medical Billing in Lebanon 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 104,270,571 LBP and 137,447,571 LBP. However this is an estimation based on Gaussian Distribution.How much can you save working as Payment Depositor Medical Billing in Lebanon?
Living in Lebanon the approximate monthly expenses are: 332 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: 94,791,428 LBP
Estimated Monthly Salary: 7,899,286 LBP
Estimated Weekly Salary: 1,822,912 LBP per week
Estimated Hourly Salary: 45,573 LBP per hour
By working as Payment Depositor Medical Billing a person can save up to 151 USD per month or 1,809 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 Lebanon, see costs of living in Lebanon.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Syria, Israel, Cyprus, Jordan. 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
Syria is 2,576 USD
Israel is 38,213 USD
Jordan is 6,622 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 Lebanon
(1,417,299,855 LBP per year, pre-tax.)
2. Cardiologist
(1,175,197,006 LBP per year, pre-tax.)
(1,136,102,693 LBP per year, pre-tax.)
4. Neurosurgeon
(1,108,071,776 LBP per year, pre-tax.)
(1,103,346,164 LBP per year, pre-tax.)
6. Urologist
(1,079,234,675 LBP per year, pre-tax.)
(1,078,809,332 LBP per year, pre-tax.)
(1,078,388,733 LBP per year, pre-tax.)
(1,074,144,669 LBP per year, pre-tax.)
(1,072,787,021 LBP per year, pre-tax.)
Data as of 2025Random salary:
Unity developer (180,525,000 LBP per year, pre-tax.)
Jewelry production manager (174,779,071 LBP per year, pre-tax.)
Major accounts representative outside sales (111,108,282 LBP per year, pre-tax.)
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