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Medical billing and coding salary, training, and career facts

Individuals seeking a health care-related career can consider medical billing and coding salary, job training, and career information. Medical billers and coders specialize in coding medical information for reimbursement

Individuals seeking a health care-related career can consider medical billing and coding salary, job training, and career information. Medical billers and coders specialize in coding medical information for reimbursement purposes. The American Health Information Management Association explains that coding professionals work in a variety of health care-related settings, and also with businesses such as third-party payers.

The Bureau of Labor Statistics includes billers and coders in the category of medical records and health information technicians. The BLS reports that this category of workers is growing much faster than the average, with predicted job growth of 22 percent between 2012 and 2022.

Medical billing and coding salary and job training

To gain an idea of the average medical billing and coding salary, the best source is the BLS category of medical records and health information technicians. The BLS reveals that the mean salary for this profession in May 2014 was $38,860 a year, or $18.68 hourly, while the 90th percentile earned a mean annual wage of $59,160.

The top-paying industries for medical records and health information technicians in general included pharmaceutical and medicine manufacturing and business. The highest-paying areas for these technicians in 2014 were as follows:

  •    California
  •    Texas
  •    Florida
  •    Ohio
  •    New York
  • Typically, the minimum requirement for medical billers and coders is an associate degree, and many employers prefer to hire those who are credentialed by a professional organization such as the AHIMA or the American Academy of Professional Coders. An associate degree in health information technology includes classes such as medical terminology, health care reimbursement methods, and classification and coding systems.

    Sources:

    http://www.bls.gov/oes/current/oes292071.htm

    http://www.bls.gov/ooh/healthcare/medical-records-and-health-information-technicians.htm

    http://www.ahima.org/

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    Ultimate Medical Academy is a nonprofit healthcare career school—and students are at the heart of everything we do. That’s why we offer exclusive student services through your career training and beyond, beginning from the time you enroll online or at our campus in Clearwater, FL. We’ll also guide you toward the right program for your goals, and help you understand the affordability of your career training. So let us know you’re interested, and we’ll discuss how UMA can help you succeed.   Gainful employment information can be found at UltimateMedical.edu/gainful-employment and includes information on tuition, loan debt, completion, placement, and occupations.

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