Medical Billing and Coding Salary Information – How Much Money Does a Medical Billing Coder Make? Who is a Medical Billing Coder? Medical Billing and Coder is a trained individual who carries out the task of coding and billing of patients in a hospital on the basis of their past medical history, procedures carried out, tested outcomes and the methods of treatment conducted. It is a medical profession that requires an effective communication of the coder with the doctors or other healthcare professionals in order to ensure the accuracy of the billing. However, it does not require direct interaction with the patients.
How to Become a Medical Billing Coder
In order to become a coder, one must undertake a certified degree in order to practice effectively. There are three programs one can choose to pursue according to their specifications and requirements.
- Certificate or Diploma: The duration of such courses is from 9 months to one year and allows one to start practicing the earliest. Such programs are offered by career colleges along with community colleges.
- Associate’s Degree: This degree is offered by both the career colleges along with the community colleges. The last two years of the curriculum offer general teachings of the subjects beyond coding and billing. It is an effective course if looking to expand the career in later stages.
- Bachelor’s Degree: Earning a bachelor’s degree in the health information management and healthcare administration ensures better career options. The four-year program provides general education along with the specified educational course. This course enhances the chances of multiple managerial positions.
Medical Billing and Coding Salary
Medical Billing and Coding salaries in the USA have been on a constant rise even in the worst of economic conditions. The average salary of a coder with a diploma course is $49,066 annually. With a bachelor’s degree, the average salaries increase to $54,210 annually. The salaries in this field continue to increase with experience.
Medical Billing and Coder Salary Information Location wise
Like most professions, medical billing and medical coding salaries also vary significantly based on the region and state. While the geographical diversities in income are mostly due to the low costs of living, however in certain places the demand for the billing and coding experts is quite high which means employers readily pay a high amount.
Below is a table depicting the salaries across 10 states of the USA.
The above table depicts the contrasting salaries of coding and billing experts across 10 diverse states in the USA. The most densely populated states like California, New Hampshire, Massachusetts and New Jersey have the best pay. These regions are also known for their high cost of living.
Places like Alaska and Colorado also have quite high salaries due to the scarcity of professions in the region.
The southern region of the U.S has shown the lowest salaries with overall cost of living being below the national average.
Frequently Asked Questions:
- How much medical coder make an hour?
The average pay for a medical coder is $16.92 per hour.
- What type of education is needed for medical billing and coding?
A basic diploma course in the field to the affiliated bachelor’s degree is the qualification required to be undertaken in the course of study.
- Are medical billers and coders in high demand?
Yes, the demand for medical billers and coders is definitely high due to the constantly increasing demand for hospitals and medical facilities.
- How long do you have to go to school to be a medical doctor?
Depending on the course, a diploma can be completed in less than a year, whereas an associate degree would require 2 years period and a 4-year term for a bachelor’s degree program.