Medical Billing and Coding Specialist Hourly Pay in Loveland, CO: $15.50 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Loveland, CO runs $15.50 at the median for 2026 — annualizing to $32,246 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Loveland's regional price level (BEA RPP 105.0, 5% above national), each hour of work buys what $14.76 nationally would. A 24-hour part-time schedule grosses $19,346 per year.
Based on BLS state-level estimates · View source
In Loveland, Colorado, the medical billing and coding specialist hourly pay is projected to reach a median of $15.50 in 2026. This sits above the national median hourly rate of $14.59, indicating a competitive wage for professionals in the area. For those pursuing part-time work—perhaps a three-day workweek—this hourly rate translates to around $624 per week, making it an attractive option for individuals balancing multiple commitments. The hourly range for this profession in Loveland varies significantly, with entry-level positions starting at approximately $11.30 per hour and top earners reaching up to $24.02 per hour. Medical billing and coding specialists often find themselves working from home, in hospital health information management departments, or within physician group practices. This flexibility adds to the appeal of the field, especially in the wake of the shift to remote work, which now makes up a substantial portion of industry employment.
About the Loveland Market
Salary estimated from Colorado average ($55,000) adjusted for local cost of living.
Medical Billing and Coding Specialist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $11.30 | $90.37 |
| Lower Range (P25) | $13.13 | $105.02 |
| Median (P50) | $15.50 | $124.01 |
| Upper Range (P75) | $19.54 | $156.34 |
| Top Earners (P90) | $24.02 | $192.20 |
Estimated Annual Income by Work Schedule in Loveland
Based on $15.50/hr median hourly rate · 2026 est.
At $15.50/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Loveland, CO can expect to earn approximately $32,243 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $18,602. With a cost-of-living index of 105.00 (above the national average), these earnings may be offset by higher expenses in Loveland.
Hourly Rate Calculator
Schedule Comparison in Loveland
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $620.06 | $2,687 | $32,243 |
| Part-Time (24 hrs) | $372.04 | $1,612 | $19,346 |
| Per Diem (16 hrs) | $248.02 | $1,075 | $12,897 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Loveland) | $15.50 |
| Medical Assistant (National Avg) | $20.77 |
| Medical Secretary (National Avg) | $20.19 |
| Medical Lab Technician (National Avg) | $28.18 |
| Billing and Posting Clerk (National Avg) | $21.86 |
Medical Billing and Coding Specialists in Loveland, CO earn a median of $32,246 per year (2026 est.), which is 6.25% higher than the national median of $30,349 and 1.10% below the Colorado state average of $32,605.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $15.50/hr = $19,346/year (purchasing power: $18,425).
Working 40h/week (full-time) = $32,243/year (purchasing power: $30,708).
CoL index: 105 (100 = national average).
2021 BLS Actual
$13.82/hr
2025 BLS Actual
$15.15/hr
2026 Current Est.
$15.50/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Loveland (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $13.82/hr | Actual |
| 2022 | $13.98/hr | Actual |
| 2023 | $14.45/hr | Actual |
| 2024 | $26.83/hr | Actual |
| 2025 | $15.15/hr | Actual |
| 2026(current) | $15.50/hr | Estimated |
| 2027 | $15.86/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Loveland grew 9.6% from $13.82/hr (2021) to $15.15/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $15.86/hr by 2027. Part-time and per-diem medical billing and coding specialists can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Loveland metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 2.32% CAGR derived from 5-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Medical Billing and Coding Specialist in Loveland
Considering part-time opportunities, earning potential for medical billing and coding specialists in Loveland becomes even more compelling. Working 24 hours a week can yield an annual income significantly lower than full-time professionals, yet effective management of health benefits can influence career choices. Per diem medical billing and coding specialists, including those on a 1099 basis, can command hourly rates ranging from $25 to $65 depending on their specialization, with inpatient coders regularly billing $35 to $55 per hour. Different types of employers, from insurance company coding departments to ambulatory surgery centers, offer varying hourly rates, impacting overall compensation packages. Many professionals accept lower hourly wages with the benefits of healthcare and stability that come with full-time positions in exchange for higher-paying contract roles that lack such perks. When negotiating pay in Loveland, it can be beneficial to highlight any specialized credentials from organizations like AAPC or AHIMA, as these qualifications often command higher rates in the competitive job market.
More salary data for Loveland, CO:
Frequently Asked Questions
What is the hourly rate for medical billing and coding specialists in Loveland in 2026?
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Written by Amina Patel, CPC
Career Analyst
Amina has 10 years of experience in medical billing. She specializes in outpatient coding for multi-specialty practices.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 2.32% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for medical billing and coding specialists in Loveland. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Loveland is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 2.32%, derived from historical BLS wage trends for medical billing and coding specialists (SOC 29-2072).
Compiled and verified by Amina Patel, CPC, a licensed medical billing and coding specialist with 10+ years of clinical experience. · View source data at BLS.gov