What is the Salary for medical coding and billing:
A career in the health care industry as a medical coder and biller is a highly rewarding career due to the high demand and rapid expansion of the healthcare industry. A medical billing and coding career does not only offer a good paying job, but security against economic downturns. The salary of a medical coder or biller varies depending on your education, experience, location, and certification. A certified entry-level medical coder and biller obviously will make less than an experienced coder or biller, but the more experience you obtain and the higher your certification the more you can earn.
How much does a medical coder and biller make?
Here are three sources that offer salary statistics for a medical coder and biller:
Medical Coding And Billing Annual Wage
| Salary | AHIMA | U.S.Bureau | AAPC |
|---|---|---|---|
| Top Earned | 60919 | 57320 | 56667 |
| Median Wage | 54880 | 37710 | 46847 |
| Lowest Earned | 40196 | 30150 | 34925 |
The American Academy of Professional Coders (AAPC) – This organization is one of the two largest medical coding and billing industry associations. They show that in 2012 the Average Medical Coding Salary was $46,847 (this includes both credentialed and non-credentialed professionals).
The U.S. Bureau of Labor Statistics – The U.S. Department of Labor’s official data from May of 2013 reports that Medical Records and Health Information Technicians (the category that includes medical coding and billing professionals) earn an average of $39,180 a year ($18.83 per hour). It is reported that the top 90% earned an annual salary of more than $64,610 ($31.06 per hour) and the lowest 25% earned $30,990 ($14.90).
The American Health Information Management Association – The AHIMA is the largest industry organization in medical coding and billing. The 2012 Salary Study reports that the average medical coding salary for coders holding the CCA certification (which Career Step graduates are prepared for upon graduation) is $40,196 a year.
What is the job outlook for medical coding and billing? Are medical billers and coders in high demand?
Jobs for medical coders are booming right now and expected to grow! If you’re considering a future in medical coding and billing, according to the Bureau of Labor Statistics, it states that medical coders and billers are expected to have a 22% job growth through the year 2022. With the population of older people and rising number of treatments, the healthcare services are increasing and the demand for qualified medical coders and billers will continue to grow even more. The prospects look to be very good for medical coder and biller specialists.
How much does a medical coder inpatient auditor make:
The salary for a medical coder inpatient auditor ranges from $67,000 to as high as $96,000 a year.