Medical Billing and Coding Salaries

 
 
  • Annual Wages
  • Top Cities
  • Top States
  • Top Industries
 
 
 
 

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Medical Billing and Coding Job Description

Medical billing and coding professionals are generally included in the category of health information and  medical records technicians. The information provided below pertains to that more general category, unless otherwise specified. Specializing in coding and billing, individuals work in an office and provide each medical procedure and diagnosis with a code using software for classification systems. The system determines the amount of reimbursement for medical providers when patients are covered by health insurance Medicaid, or Medicare. Coders may be required to use multiple coding systems, such as those pertaining to long-term care, physician offices, or ambulatory settings.

Medical Coding Skill Set:
  • Active Listening
  • Reading Comprehension
  • Speaking
  • Critical Thinking
  • Monitoring
  • Time Management
 
Required Abilities:
  • Near Vision
  • Oral Comprehension
  • Oral Expression
  • Speech Recognition
  • Information Ordering
  • Written Comprehension
  • Category Flexibility
  • Speech Clarity
 
Tools Used by Medical Billing and Coding Specialists:
  • Bar Code Reader Equipment
  • Calculators or Accessories
  • Microfiche Viewers
  • Postal Scales
  • Scanners

At a Glance: Salary Statistics

 

Medical Records and Health Information Technician Salaries for Industries

Popular Industries   Salary
General Hospitals   $37,960
Offices of Physicians   $30,120
Nursing Care Facilities   $33,880
Outpatient Care Centers   $32,980
Home Health Care Services   $34,860
 
Typical Work Activities
  • Getting Information
  • Interacting with Computers
  • Organizing, Planning, and Prioritizing Work
  • Maintaining Relationships

Medical Records and Health Information Technician Salaries for Popular Cities and States

Popular Cities   Salary
Chicago Area, IL   $36,810
Los Angeles Area, CA   $38,830
New York Area, NY   $43,300
Houston Area, TX   $39,440
Phoenix Area, AZ   $39,250
 
Popular States   Salary
California   $40,330
Texas   $35,250
Florida   $34,970
New York   $39,970
  $35,410

*Popular industries, cities and states are those with the highest employment levels for medical records and health information technicians as updated by BLS.gov May 2011.

Medical Billing and Coding Salaries by State:

Medical Billing and Coding Job Outlook

2010 - 2020
Projected Employment Changes
  • 37,700 new medical records and health information technician jobs
  • 21% increase in employment

Medical billing and coding employment is anticipated to increase by 21 percent from 2010 through 2020, which is much faster than the average for other occupations. Opportunities in this market are high like many jobs in the healthcare field.

Job prospects are expected to be very good and general surgical and medical hospitals, physician offices, and nursing care facilities will have the highest levels of employment.

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At Everest University, you can get a higher education designed to meet the demands of employers in some of today’s hottest fields.

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Medical Billing and Coding Education & Training

Medical Records Education Chart

O*Net reported that 65 percent of individuals in this career have a high school diploma or equivalent. An additional 21 percent have some college, but no degree. Ten percent hold an associate’s degree resulting from completion of a program that includes anatomy, physiology, medical terminology, clinical coding and classification systems, and healthcare reimbursement methods. Taking high school science, math, computer, and health courses may increase chances of admission into a relevant educational program. Coders may receive credentials through the American Academy of Professional Coders (AAPC). Specialty coding credentials are offered by the Professional Association of Health Care Coding Specialists (PAHCS) and Board of Medical Specialty Coding (BMSC).

Related Occupations

Medical transcriptionist and medical and health services manager are two healthcare occupations with similar responsibilities. Transcriptionists listen to dictation created by healthcare professionals and transcribe this into correspondence, medical reports, and additional administrative material. Medical and health services managers, also called healthcare administrators or executives, coordinate, direct, supervise, and plan healthcare delivery.

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