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The average salary for medical billing and coding is $28000.
A salary between $40,000 to $50,000 yearly (or roughly $3,300 to $4,200 monthly) is pretty common for people working in medical billing and coding, but at entry level it will be lower.
The starting salary of medical billing and coding jobs averages $22,860 annually, and the salary of individuals in this profession peaks at $51,510 annually.
Starting salary for a medical billing clerk is around $25,000 a year.
Wages for medical billing and coding specialist will vary significantly based on years of experience, education and the city or state you live in. Your salary or hourly rate will also be influenced by your specialty within the medical billing field. In general, salaries are hovering around the $32,350 mark. People will often make the mistake of using medical billing professionals and medical coding specialist as interchangeable, but they have different job responsibilities and educational requirements.
When you are looking for information about a medical billing and coding job the best place to look would be the job sites. Some will let you upload your CV so employers can find you. Others let you browse the medical billing and coding job section where you will be able to read about the job requirements and salary on offer.
When you are looking for information about medical billing and coding jobs the best place to look would be the job sites. Browse the medical billing and coding jobs section and you will see most listings include a salary along with the experience requirements.
The average salary for medical billing and coding is $28000.
When you are looking for information about medical billing and coding jobs the best place to look would be the job sites. Browse the medical billing and coding jobs section and you will see most listings include a salary along with the experience requirements.
The starting salary of medical billing and coding jobs averages $22,860 annually, and the salary of individuals in this profession peaks at $51,510 annually.
Healthcare services are rendered every day around the world. We are familiar with doctors and nurses; however, how do these professionals receive payment for the services? Medical Billing and Coding professionals handle the details of payment. Every service rendered is assigned a code. This code allows a Medical Billing and Coding specialist to generate a billing statement. This can be a complex process because legislation and laws change often. Thus, the Medical Billing and Coding professional must stay abreast of applicable laws. Medical Billing and Coding schools around the country offer excellent programs. These programs are designed to teach the future Medical Billing and Coding professional key skills. Accuracy is a must within this field. A mistake can be highly costly. For example, what if a Medical Billing and Coding specialist charges $10.00 for a procedure that cost $100,000? The consequences can be devastating to a company. Medical Billing and Coding specialists are trained in a number of areas. Most colleges and schools offer an associate program in Medical Billing and Coding. The program covers general knowledge areas. For instance, basic English, math, science, and social studies. Once the student advances to the course major, the student learns about accounting, keyboarding, computer software, CPT coding systems and much more. The profession of Medical Billing and Coding is governed by coding manuals. These ICD-9 manuals contain all of the procedure codes to properly generate bills and statements. This whole process is complex, and the student must learn these codes completely. After 24 months, the student can receive an associate’s degree in Medical Billing and Coding. Certification is advisable. Employers look very favorably on the Medical Billing and Coding certification. The complexity of the industry demands this certification. A combination of education and certification can secure you a successful place in the Medical Billing and Coding profession. Recent healthcare legislation in Washington DC will increase the number of jobs available in Medical Billing and Coding. In fact, the growth of this career is expected to be huge. Baby boomers will need more medical services and those services must be billed. Thus, career opportunities in Medical Billing and Coding look highly promising. An entry level Medical Biller and Coder can expect to earn around $30,000 per year. Increased experience can raise the yearly salary to $40,000. Advancement is possible and supervisory positions can command a salary of $60,000 or more per year. A future in Medical Billing and Coding can be yours.
There are many factors that may influence your medical billing and coding salary. Your geographic location, for instance, can play a big part in your level of compensation. In areas where the cost of living is higher and the local economy is thriving, salaries may be higher. Where you work will also make a difference. Whether you work in a hospital, private practice or another kind of establishment will affect you medical billing and coding salary. Your education level and amount of work experience will also determine your earning potential. Because of all the personal decisions and outside factors that shape your compensation, it is difficult to predict what your medical billing and coding salary will be. However, by looking at national human resources data compiled by Salary.com, we can see that the middle 50 percent of medical billers and coders made between $35,999 and $44,562 as of November, 2008. If you want more information about what you can expect in a medical billing and coding salary, there are several resources online that will give you a more in-depth report based on your personal data. There are many factors that may influence your medical billing and coding salary. Your geographic location, for instance, can play a big part in your level of compensation. In areas where the cost of living is higher and the local economy is thriving, salaries may be higher. Where you work will also make a difference. Whether you work in a hospital, private practice or another kind of establishment will affect you medical billing and coding salary. Your education level and amount of work experience will also determine your earning potential. Because of all the personal decisions and outside factors that shape your compensation, it is difficult to predict what your medical billing and coding salary will be. However, by looking at national human resources data compiled by Salary.com, we can see that the middle 50 percent of medical billers and coders made between $35,999 and $44,562 as of November, 2008. If you want more information about what you can expect in a medical billing and coding salary, there are several resources online that will give you a more in-depth report based on your personal data. One of the things to ensure you get a good salary is if you get a good training certification.