Medical Billing Specialist Average Salary in Da Nang 2024
How much money does a person working as Medical Billing Specialist make in Da Nang?
LOW
7,760,000
VND AVERAGE
14,900,000
VND HIGH
22,800,000
VND
A person working as Medical Billing Specialist in Da Nang typically earns around 14,900,000 VND. Salaries range from 7,760,000 VND (lowest) to 22,800,000 VND (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Medical Billing Specialist salaries in Da Nang vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Medical Billing Specialist Pay Scale and Salaries in Da Nang
Salary Structure and Pay Scale Comparison
13,500,000 VND or more
12,000,000 to 13,500,000 VND
8,780,000 VND or less
8,780,000 to 12,000,000 VND
 7,760,000 VND |
13,600,000 VND |
22,800,000 VND |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Medical Billing Specialist in Da Nang range from 7,760,000 VND (starting salary) to 22,800,000 VND (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 13,600,000 VND, half of the professionals who work as Medical Billing Specialist in Da Nang earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Medical Billing Specialist in Da Nang earn less than 11,300,000 VND, while 75% earn more. Similarly, the chart shows that 75% earn less than 15,400,000 VND while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Medical Billing Specialist in Da Nang compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 8,780,000 VND to 12,000,000 VND. About 20% of salaries are below the 8,780,000 VND mark, while 10% fall within the range of 12,000,000 VND to 13,500,000 VND. Only 5% of individuals have salaries exceeding 13,500,000 VND.
Salary Comparison by Years of Experience / Medical Billing Specialist / Da Nang
How do experience and age affect pay?
| 0 - 2 Years | 8,810,000 VND | |
| 2 - 5 Years | +34% | 11,800,000 VND |
| 5 - 10 Years | +30% | 15,400,000 VND |
| 10 - 15 Years | +21% | 18,600,000 VND |
| 15 - 20 Years | +9% | 20,300,000 VND |
| 20+ Years | +5% | 21,400,000 VND |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Medical Billing Specialist and this is what we found.
Employees with less than two years of experience earn approximately 8,810,000 VND.
While someone with an experience level between two and five years is expected to earn 11,800,000 VND, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 15,400,000 VND, 30% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 18,600,000 VND, 21% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 20,300,000 VND, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 21,400,000 VND, 5% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Medical Billing Specialist / Da Nang
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Medical Billing Specialist.
| High School | 10,600,000 VND | |
| Certificate or Diploma | +14% | 12,100,000 VND |
| Bachelor's Degree | +41% | 17,100,000 VND |
| Master's Degree | +21% | 20,700,000 VND |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Medical Billing Specialist in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 10,600,000 VND.
Level 2: Certificate or Diploma
At this level, the average salary becomes 12,100,000 VND, 14% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 17,100,000 VND, 41% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 20,700,000 VND, 21% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Vietnam costs anywhere from 86,400,000 VND to 259,000,000 VND and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Medical Billing Specialist / Da Nang
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Medical Billing Specialist in Vietnam, the average difference between the salary of male and female employees is 9%.
| Male | 15,900,000 VND | |
| Female | -9% | 14,500,000 VND |
Salary Comparison By Gender in Vietnam for all Careers
Average Annual Salary Increment Percentage / Medical Billing Specialist / Da Nang
How much are annual salary increments in Da Nang for individuals working as Medical Billing Specialist? How often do employees get salary raises?
Individuals working as Medical Billing Specialist in Vietnam are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
Vietnam / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Medical Billing Specialist / Vietnam
How much and how often are bonuses being awarded?
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
| Received Bonus | % | |
| No Bonus | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Medical Billing Specialist / Da Nang
86,100 VND per hourThe average hourly wage (pay per hour) for individuals working as Medical Billing Specialist in Da Nang is 86,100 VND.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Medical Billing Specialist in Da Nang is 44,800 VND. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Health and Medical |  -100% | |
| Administrative Director | 29,300,000 VND |  +96% |
| Admitting Clerk | 5,430,000 VND | -64% |
| Admitting Manager | 17,200,000 VND | +15% |
| Admitting Representative | 7,580,000 VND | -49% |
| Breast Center Manager | 50,900,000 VND | +240% |
| Cardiology Manager | 49,400,000 VND | +230% |
| Care Coordinator | 7,780,000 VND | -48% |
| Certified Medical Assistant | 9,680,000 VND | -35% |
| Chief Clinical Transformation Officer | 27,700,000 VND | +86% |
| Chief Genomics Officer | 40,500,000 VND | +170% |
| Chief Mental Health Officer | 48,400,000 VND | +220% |
| Chief Neurotechnology Officer | 53,800,000 VND | +260% |
| Chief of Psychology | 52,000,000 VND | +250% |
| Chief Population Health Officer | 40,100,000 VND | +170% |
| Clinical Director | 46,800,000 VND | +210% |
| Clinical Policy Developer | 15,200,000 VND | +2% |
| Coding Practice Manager | 19,100,000 VND | +28% |
| Community Organizer | 8,310,000 VND | -44% |
| Community Relations Manager | 18,400,000 VND | +23% |
| Credentialing Analyst | 14,400,000 VND | -3% |
| Data Coordinator | 7,870,000 VND | -47% |
| Director of Medical Staff Services | 29,900,000 VND | +100% |
| Discharge Coordinator | 7,460,000 VND | -50% |
| Emergency Management Director | 41,400,000 VND | +180% |
| Emergency Services Director | 43,200,000 VND | +190% |
| ER Registration Supervisor | 11,200,000 VND | -25% |
| Food Services Director | 20,700,000 VND | +39% |
| Health Compliance Director | 40,700,000 VND | +170% |
| Health Compliance Manager | 26,000,000 VND | +74% |
| Health Data Privacy Officer | 19,100,000 VND | +28% |
| Health Economist | 40,700,000 VND | +170% |
| Health Information Management Specialist | 14,800,000 VND | -1% |
| Health Information Manager | 20,800,000 VND | +39% |
| Health Services Manager | 35,300,000 VND | +140% |
| Health Technology Consultant | 19,300,000 VND | +29% |
| Healthcare Analytics Manager | 23,300,000 VND | +56% |
| HealthTech Regulatory Consultant | 17,400,000 VND | +17% |
| Home Health Scheduler | 9,080,000 VND | -39% |
| Intake Coordinator | 7,700,000 VND | -48% |
| Lead Patient Account Representative | 15,300,000 VND | +3% |
| Managed Care Assistant | 8,490,000 VND | -43% |
| Maternity Services Director | 36,700,000 VND | +150% |
| Medical Administrator | 18,800,000 VND | +26% |
| Medical Assistant | 8,740,000 VND | -41% |
| Medical Billing Clerk | 6,770,000 VND | -55% |
| Medical Billing Specialist | 14,900,000 VND | -0% |
| Medical Director | 36,700,000 VND | +150% |
| Medical Equipment Maintenance Manager | 16,700,000 VND | +12% |
| Medical Insurance Manager | 28,000,000 VND | +88% |
| Medical Office Administrator | 14,800,000 VND | -1% |
| Medical Office Manager | 29,100,000 VND | +95% |
| Medical Policy Manager | 25,200,000 VND | +69% |
| Medical Policy Specialist | 14,900,000 VND | -0% |
| Medical Project Coordinator | 10,200,000 VND | -32% |
| Medical Records Administrator | 10,700,000 VND | -28% |
| Medical Records Clerk | 5,080,000 VND | -66% |
| Medical Records Coding Manager | 20,300,000 VND | +36% |
| Medical Records Director | 22,700,000 VND | +52% |
| Medical Records Specialist | 10,500,000 VND | -30% |
| Medical Records Transcriptionist | 8,360,000 VND | -44% |
| Medical Secretary | 8,470,000 VND | -43% |
| Medical Staff Services Specialist | 17,000,000 VND | +14% |
| Patient Account Represenatative | 12,700,000 VND | -15% |
| Population Health Manager | 26,600,000 VND | +78% |
| Practice Manager | 31,800,000 VND | +110% |
| Program Coordinator | 8,100,000 VND | -46% |
| Project Manager | 19,800,000 VND | +33% |
| Quality Assurance Manager | 24,100,000 VND | +62% |
| Radiology Manager | 43,300,000 VND | +190% |
| Registered Medical Assistant | 8,740,000 VND | -41% |
| Rehabilitation Director | 37,800,000 VND | +150% |
| Rehabilitation Services Manager | 40,800,000 VND | +170% |
| Treatment Services Director | 47,900,000 VND | +220% |
| Ward Manager | 24,700,000 VND | +66% |
Salary Comparison By City
| City | Average Salary |
| Da Nang | 14,900,000 VND |
| Ha Noi | 16,400,000 VND |
| Hai Phong | 13,300,000 VND |
| Thanh Pho Ho Chi Minh | 16,500,000 VND |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Vietnam is 8% on average across all career fields.
| Private Sector | 16,500,000 VND | |
| Public Sector | +8% | 17,800,000 VND |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Medical Billing Specialist in Da Nang?
A good and competitive compensation would range anywhere between 13,600,000 VND and 15,400,000 VND. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Medical Billing Specialist in Da Nang ranges from 7,760,000 VND to 11,300,000 VND. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
