Medical Billing and Coding Specialist Hourly Pay in Greenwood, IN: $13.53 (2026)

Part-time medical billing and coding specialists working 24 hours a week can expect to earn around $16,015 annually, considerably less than their full-time counterparts. In contrast, per-diem or 1099 medical coders in Greenwood can see significantly higher rates, billing anywhere from $25 to $42 per hour, depending on their level of specialization. For instance, certified coding specialists in inpatient settings may command rates from $35 to $55 per hour, while those engaged in risk adjustment and HCC coding for Medicare Advantage payers might earn between $40 and $65 per hour. Work environments such as physician group practices and third-party coding companies that cater to remote positions often offer lower hourly rates but may provide essential benefits. Therefore, many specialists find themselves weighing the hourly pay against the advantage of health insurance benefits in their employment decisions. For those looking to negotiate, understanding the specific pay scale within various employer types and having clarity on what each job type offers can serve as an advantage in discussions.