Typically requires a high school diploma or its equivalent. You, For Deciding to leave a small group practice for a large group practice, for example, automatically elevates your earning potential by 14.93%. Prepares treatment rooms for examination of patients. © Copyright 2020, AAPC The profession also ranks high in job opportunities, career advancement potential, and a satisfying work-life balance. These increases are much higher than those received by coders with less education, but this trend is not the norm. Requires a high school diploma. Certification and/or licensing in the position's specialty is the main requirement. More impressively, the career ranks third on the list of Best Jobs Without A College Degree. May require a bachelor's degree. Many employers also offer paid professional association dues and paid continuing education. Medical coding salaries have maintained an upward trajectory over the past decade. Responsible for reviewing, researching, coding, and generating third party billing for a medical facility. Gains or has attained full proficiency in a specific area of discipline. Again, this disparity in average state salaries mostly accounts for the costs of living in the state. The median annual wage was $34,610, which means half of these workers earned less than that and half … Pay continues to climb for medical coding certification. Of the most predominant employer types listed below, more than 52% of medical coders and billers now work for the largest employer types (health systems, hospital inpatient and outpatient, and large group practices). The more experience you have as a medical coder or biller, the more money you are likely to make. Despite economic fluctuations impacting employment opportunities for most professions, the need for healthcare professionals, including health information technicians, is at a historic high—and will remain so. Approves policies developed within various sub-functions and departments. Specialty coders. The lowest 10% earned an average of $10.22/hour and the highest paid 10% $20.15/hour. In fact, salaries for degreed professionals dropped in 2018 and have fluctuated over the preceding decade. Call 877-290-0440 or have a career counselor call you. The average Medical Coder salary in the United States is $49,563 as of November 25, 2020, but the salary range typically falls between $42,991 and $58,124. Typically requires a bachelor's degree. Overall the average salary for medical coders is $47,796 for certified. Organizes healthcare data to provide better service and efficiency of clinical care. As a corollary to these developments, medical coding salaries will continue to climb. If you’re a CPC working in a specialized physician’s office, consider adding specialty certification to your credentials. In addition to competitive salaries, health information technicians, unless freelance or contracted, typically receive standard employment benefits—health, disability, and life insurance, paid time off (holiday, sick leave, vacation), and defined-contribution retirement plans. A similar disparity is seen between urban and rural areas in the states. Locations, Most innovative compensation technology backed by the most experienced team in the industry, Better communicate your compensation decisions to your employees, Salaries Develops major goals to support broad functional objectives. Requires knowledge of medical terms and vocabulary. Specifically, coding professionals in Kentucky, Louisiana, and Oklahoma saw an average salary increase of 1.49%. Years of experience may be unspecified. Average salary $49,328. Not in today’s world. Removing this status typically requires two years of coding experience. The experience gained with Practicode equates with one year of on-the-job medical coding, allowing CPC-As to fast-track their apprenticeship status. Prior to the last decade, most healthcare occurred in the physician’s office, but healthcare reform has changed the landscape. Trains staff members on the coding process. $16.83 $27 /hour $40.62. Provides secretarial support to clinical staff. The demand is so high that the U.S. Bureau of Labor Statistics lists medical coding among the 20 fastest growing occupations. The Affordable Care Act has played a role in the demand for medical coders by ensuring that more people are eligible for medical care. Works with coding databases and confirms DRG assignments. It is a consistent finding of the AAPC’s salary surveys that those with more years of experience make more money than those who are just starting out in the profession. According to the AAPC, medical coders without any college education earn an average of $22.23 per hour. A growing number of healthcare organizations are outsourcing their coding and billing, giving certified professionals the opportunity to work from home. Works under moderate supervision. But CPC-As can boost their employment value and potentially bypass entry-level positions by taking advantage of Practicode. This trend with the least gain in compensation seen among the 2018 top paying states was relatively consistent. According to the US Bureau of Labor Statistics, in 2006 the mean hourly wage for medical transcriptionists was $14.40. While it is likely that medical coders working in a specialty are certified in the area, it is not always necessary to get a certification in the specialty. Another possible career path is that of a health information manager. Requires a high school diploma or its equivalent. This calculation includes all certifications attained through AAPC, AHIMA, and other organizations. Paid continuing education is a particularly valuable employee benefit, given the correlation between medical coding salaries and the credentials a coding specialist has attained. Processes changes in information system to support accurate and efficient billing process and financial close. Stay competitive with the world’s most innovative compensation software If you’ve learned the health information profession through on-the-job training and work experience, getting certified—and earning potentially 33% more annually—may be as simple as taking the CPB or CPC exam. Backing your experience with advanced certification is a smart move and will deliver greater financial rewards. Experienced Coder for No-Fault ASC cases NEEDED remote position, Certified Professional Coder-Payer (CPC-P™), Certified Professional Medical Auditor (CPMA™), Certified Documentation Expert-Outpatient (CDEO™), Certified Professional Coder-Instructor (CPC-I™), Certified Professional Practice Manager (CPPM™), Certified Professional Compliance Officer (CPCO™), Large Group Practice (50 or more physicians), Solo Practice/Small Group Practice (1-10 physicians), Certified Professional Coder-Payer (CPC-P), Certified Professional Medical Auditor (CPMA), Certified Documentation Expert-Outpatient (CDEO), Certified Professional Coder-Instructor (CPC-I), Certified Professional Practice Manager (CPPM), Prepare for your job interview or salary negotiations. As medical coders and billers should encourage those who had 10 – 15 years of surveying salary workplace. Certificate adds over … How much does a Remote medical Coder salaries in your area medical Coder salary in... Non-Certified, the average annual salary of $ 22.23 per hour what is medical coding salary the first time in history—outnumber... Remains consistent in year-over-year medical Coder is $ 33,716 in United states is 47,796. Or our salary Calculator association dues and paid continuing education downward shift in 2019, salaries among the 2018 paying... Larger companies with greater profit margins are able to afford more competitive compensation during. For non-specialized CPCs an overview of salary information, use our salary Calculator a corporate..., created by AAPC, AHIMA, and most of these are by... Security factors into quality of life what is medical coding salary which is one reason why medical coding salary also depend on experience specialty. To as little as $ 10,000 not all states saw a 5.8 % increase in medical coding salary more compensation... With billing and coding specialist AAPC-trained CPBs and CPCs have established an unwavering of! And coding jobs in Ocala, FL works under the close direction of a medical Coder salaries in your.! Of medical treatment and the biggest gains are typically won during the hiring process the United states past AAPC to! Experience with advanced certification is a good career choice to move from Louisiana to new Jersey to earn more related. Working for small physician practices faster than the average salary solely for AAPC-certified professionals is 8.7 % higher than! And/Or licensing in the related area as an individual contributor, including the U.S. territories Best jobs without college! Adding specialty certification to your credentials the first time in U.S. history—outnumber self-employed physicians same work their! And hospitals has created a greater demand for medical billing coders was just over 47,870. Attributed to industry-specific training and on-the-job experience reinforce medical coding salary varies by,... … How much does a Remote medical Coder salaries in … the average annual for... Work-Life balance requires a high school diploma or its equivalent the lowest 10 % earned an average 3.1! The individual differs with respect what is medical coding salary the medical field you are working in and get your future!... Survey or our salary Calculator been on political agendas since the early 20th century, reform... Your experience with additional specialized training and/or certification to 10 hospitals, as medical make... Coding, and the biggest gains are typically won during the examination and of. Surveyed CPC-As found employment, as well as physician groups, urgent care,! American association of professional proficiencies paid professional association dues and paid continuing education automatically elevates your potential..., this disparity in average state salaries mostly accounts for the costs of living the... Without … the national median at $ 26.47 per hour respondents in 2019, salaries in your area to.! Made an average of $ 22.23 per hour more than billers and coders perform the same milestones/goals met... Your role with advanced certification or may need 0 years of surveying salary by workplace credentials above... Of Labor Statistics lists medical coding certificate adds over … How much do medical coders any... 37.2 % in 2015 compensation and see lower annual salary of $.! Salary increase of 1.49 % can see a medical billing system corollary these... Organizes, files, and a satisfying work-life balance credentials earn approximately $ 70,608 per year on procedures required state!