What is the average Medical Billing salary for Waterloo, IA?
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As of April 01, 2026, the average Medical Billing salary in Waterloo, IA is $81,079. The chart below represents localized salaries for some of our most popular Medical Billing job titles in Waterloo, IA. Salaries can vary greatly depending on numerous factors, including position, location, years of experience, and level of education. Salary.com’s team of Certified Compensation Professionals analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to compile a range of salaries for various Medical Billing job titles in Waterloo, IA. Apply your personal criteria to one of the job titles below to get your personalized salary estimate.
Medical Billing Salaries in Waterloo, IA
| Job Title | Salary | Hourly Rate | Location | Date Updated |
| Medical Billing Supervisor | $66,443 | $31.94 | Waterloo, IA | April 01, 2026 |
| Medical Billing Manager | $92,852 | $44.64 | Waterloo, IA | April 01, 2026 |
| Medical Billing Specialist II | $45,998 | $22.11 | Waterloo, IA | April 01, 2026 |
| Medical Billing Specialist I | $40,432 | $19.44 | Waterloo, IA | April 01, 2026 |
| Billing Supervisor | $71,705 | $34.47 | Waterloo, IA | April 01, 2026 |
| Billing Manager | $107,055 | $51.47 | Waterloo, IA | April 01, 2026 |
| Billing Analyst I | $54,531 | $26.22 | Waterloo, IA | April 01, 2026 |
| Billing Analyst II | $64,940 | $31.22 | Waterloo, IA | April 01, 2026 |
| Billing Analyst III | $77,051 | $37.04 | Waterloo, IA | April 01, 2026 |
| Billing Clerk II | $48,607 | $23.37 | Waterloo, IA | April 01, 2026 |
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Supervises, oversees, and administers medical billing processes to ensure timely, accurate, and efficient billing operations. Implements policies and procedures to guide workflow and ensure medical billing operations are compliant with industry standards and regulations. Oversees the preparation of medical bills and invoices to verify patient insurance information and coverage and ensure the accurate calculation of provider charges. Monitors medical billing information systems to facilitate and ensure organized and accurate records. Liaises with patients, medical providers, and insurance companies, resolving billing inquiries and gathering additional patient information as necessary. Remains knowledgeable and compliant with proper medical and insurance claim processes. May require a bachelor's degree. Typically reports to a manager. Supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision. Medical Billing Supervisor Salaries in Waterloo, IAAlternate Job Titles:Medical Billing and Coding Supervisor, Medical Billing Operations Supervisor, Third Party Billing Supervisor, Medical Billing Supervisor
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Plans and manages medical billing processes to ensure timely, accurate, and efficient billing operations. Develops policies, procedures, and controls to ensure medical billing operations are compliant with industry standards and regulations. Validates patient billing and insurance information to verify coverage and ensure accurate calculation of charges. Continuously evaluates and optimizes processes to control department costs and adhere to budget. Prepares routine reports to summarize revenue cycles, payments, overdue balances, and other billing metrics for management insight. Remains knowledgeable and compliant with proper medical and insurance claim processes. Needs to be familiar with ICD-10, CPT, and/or HCPCS Coding Systems as well as claim forms such as CMS-1500 and UB-04. May require a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. Medical Billing Manager Salaries in Waterloo, IAAlternate Job Titles:Medical Billing and Coding Manager, Medical Billing Operations Manager, Third Party Billing Manager, Medical Billing Manager
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Prepares and processes medical invoices to support timely and efficient billing operations. Documents and inputs payment records in accordance with industry standards and government regulations. Collects and updates patient billing and insurance information to maintain medical billing information systems and ensure organized and accurate records. Prepares and distributes applicable documentation and resources for patients. Liaises with patients, medical providers, and insurance companies, resolving billing inquiries and gathering additional patient information as necessary. Remains knowledgeable and compliant with proper medical and insurance claim processes. Requires a high school diploma. Typically reports to a supervisor. Works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Typically requires 1-3 years of related experience. Medical Billing Specialist II Salaries in Waterloo, IAAlternate Job Titles:Medical Billing and Coding Specialist II, Medical Billing Clerk II, Third Party Billing Specialist II, Medical Billing Specialist II
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Prepares and processes medical invoices to support timely and efficient billing operations. Documents and inputs payment records in accordance with industry standards and government regulations. Collects and updates patient billing and insurance information to maintain medical billing information systems and ensure organized and accurate records. Prepares and distributes applicable documentation and resources for patients. Liaises with patients, medical providers, and insurance companies, resolving billing inquiries and gathering additional patient information as necessary. Remains knowledgeable and compliant with proper medical and insurance claim processes. Requires a high school diploma. Typically reports to a supervisor. Works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience. Medical Billing Specialist I Salaries in Waterloo, IAAlternate Job Titles:Medical Billing and Coding Specialist I, Medical Billing Clerk I, Third Party Billing Specialist I, Medical Billing Specialist I
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Supervises and coordinates an organization's billing department to facilitate timely, accurate, and efficient billing operations. Implements processes to delegate and manage workflow and establish billing standards. Monitors and reviews status reports to track billing activities and identify and measure overdue or unpaid accounts. Analyzes billing trends and recommends process improvements to optimize revenue collection, reduce errors, and improve payment times. Investigates and resolves billing discrepancies and errors. Provides billing data and analysis to support the development of financial statements or projections. Ensures invoices reflect negotiated payment terms and conditions and comply with financial policies, standards, and regulations. Requires a bachelor's degree. Typically reports to a manager. Supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision. Billing Supervisor Salaries in Waterloo, IAAlternate Job Titles:Billing and Invoicing Supervisor, Billing Supervisor
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Manages an organization's billing department to facilitate timely, accurate, and efficient billing operations. Coordinates and manages the entire billing process including invoicing, collecting, account reconciliation, and reporting. Ensures billing practices comply with organizational standards and regulatory requirements. Evaluates overdue or unpaid accounts and recommends steps or actions to resolve delinquency. Compiles billing data and analysis to support the development of financial statements or projections. Ensures invoices reflect negotiated payment terms and conditions and comply with financial policies, standards, and regulations. Tracks billing disputes to ensure adequate resolution. Reviews payment terms and conditions to evaluate risk, drive sales, and ensure alignment with business needs. Requires a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. Billing Manager Salaries in Waterloo, IAAlternate Job Titles:Billing and Invoicing Manager, Billing Manager
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Analyzes billing data, metrics, and processes to facilitate timely, accurate, and efficient billing operations. Prepares status reports to track billing activities and identify and measure overdue or unpaid accounts. Analyzes billing trends and recommends process improvements to optimize revenue collection, reduce errors, and improve payment times. Investigates and resolves billing discrepancies and errors. Provides billing data and analysis to support the development of financial statements or projections. Ensures invoices reflect negotiated payment terms and conditions and comply with financial policies, standards, and regulations. Requires a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience. Billing Analyst I Salaries in Waterloo, IAAlternate Job Titles:Billing and Invoicing Analyst I, Billing Analyst I
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Analyzes billing data, metrics, and processes to facilitate timely, accurate, and efficient billing operations. Prepares status reports to track billing activities and identify and measure overdue or unpaid accounts. Analyzes billing trends and recommends process improvements to optimize revenue collection, reduce errors, and improve payment times. Investigates and resolves billing discrepancies and errors. Provides billing data and analysis to support the development of financial statements or projections. Ensures invoices reflect negotiated payment terms and conditions and comply with financial policies, standards, and regulations. Requires a bachelor's degree. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience. Billing Analyst II Salaries in Waterloo, IAAlternate Job Titles:Billing and Invoicing Analyst II, Billing Analyst II
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Analyzes billing data, metrics, and processes to facilitate timely, accurate, and efficient billing operations. Prepares status reports to track billing activities and identify and measure overdue or unpaid accounts. Analyzes billing trends and recommends process improvements to optimize revenue collection, reduce errors, and improve payment times. Investigates and resolves billing discrepancies and errors. Provides billing data and analysis to support the development of financial statements or projections. Ensures invoices reflect negotiated payment terms and conditions and comply with financial policies, standards, and regulations. Requires a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience. Billing Analyst III Salaries in Waterloo, IAAlternate Job Titles:Billing and Invoicing Analyst III, Billing Analyst III
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Performs various clerical activities and administrative duties in the billing department including data entry, information verification, and invoice generation. Identifies, flags, and monitors overdue or unpaid accounts for further action and analysis. Records payments and reconciles accounts to facilitate up-to-date and accurate financial records. Gathers pertinent account information to assist with researching invoice discrepancies and errors. Manages follow-up notifications and may respond to standard billing inquiries. Follows policies, procedures, and controls to validate customer billing information, invoice amount, and order details. Requires a high school diploma. Typically reports to a supervisor. Works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Typically requires 1-3 years of related experience. Billing Clerk II Salaries in Waterloo, IAAlternate Job Titles:Billing Administrator II, Billing and Invoicing Coordinator II, Billing Clerk II