Learn more about the Top Medical Coding and Billing Programs at Santa Bernardino Valley College here. The Occupational Outlook Handbook published by the U.S. Department of Labor, estimates: How much do medical coders make year after year? Job security factors into quality of life, which is one reason why medical coding is a good career choice. Medical Billing And Coding Salary As of September 25, 2020, the average Medical Billing And Coding salary in Indianapolis, IN is $71,216. Not in today’s world. In 2018, according to the most recent stats from the Centers for Disease Control and Prevention (CDC), “more” is defined as upwards of  1.4 billion patient visits in that year. These figures are given to the Indeed users for the purpose of generalized comparison only. Specialty certifications include: Broaden your role with advanced certification. Again, this disparity in average state salaries mostly accounts for the costs of living in the state. If you’re considering a career in medical coding and billing, or currently employed as a health information technician, AAPC Annual Salary Survey isolates factors influencing compensation and will help you: Across AAPC membership, medical coders (certified and non-certified) make an average salary of $54,890, up 5.8% from last year’s average salary of $51,889. Salary information comes from 17,009 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Each state page details average annual salaries by credential, education level, and overall healthcare work experience. Most health systems comprise 3 to 10 hospitals, as well as physician groups, urgent care clinics, and rehabilitation centers. Heightened reimbursement pressure on independent physicians has given rise to a trend of consolidation between hospitals and physician practices. It’s not just credentials that influence medical billing salary potential. How much does a Medical Coder make? This boost in CIC compensation follows a 13% salary increase in 2018 and widens the gap between CIC and CPC compensation, with CICs now earning 10.47% higher salaries. Newly certified professional coders receive the CPC-A credential. Potential employers aren’t bound by previous salaries, and the biggest gains are typically won during the hiring process. Medical Health Information Technician Salary: Median $$$ in Florida is $33,480 which is lower than the national median medical billing coding salary in the United States. Again, coding specialists working in these 10 states continue to make the highest incomes in the nation. Inpatient coding is more complex than professional fee coding performed by CPCs working in physicians’ offices, and the CIC credential represents advanced training. Medical coders and billers, though, have many workplace options to choose from. Survey respondents in 2019 report a median 12.6 years in the industry. Given the rise in chronic conditions prevalent among this population, the Association of American Medical Colleges (AAMC) anticipates a shortfall of nearly 105,000 physicians by 2030. While healthcare reform has been on political agendas since the early 20th century, actual reform is a recent occurrence. As more doctors forgo their independence for steady paychecks, coding professionals will continue to bank higher pay. During the same period, all U.S. regions saw an increase from 91% to 303% in hospital-owned practices, according to data compiled by the Physicians Advocacy Institute. As you know, salaries among the 50 states can vary by almost 50%. Medical Coding Salary Medical records and health information technicians earn a median salary of $40,350 per year or $19.40 per hour according to the 2018 report by the Bureau of Labor Statistics (). The national average salary for a Medical Coding Specialist is $33,716 in United States. As mentioned earlier, the larger the employing organization, the more it can afford to pay its employees. However, if you attain certification from a major industry organization, such as the AAPC (previously known as the American Academy of … Apply now to over 10 Medical Coding jobs in Qatar and make your job hunting simpler. Get an estimated calculation of how much you should be earning and insight into your career options. Depending on your circumstances, you may have additional options as well. As a corollary to these developments, medical coding salaries will continue to climb. 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. © Copyright 2020, AAPC New York Presbyterian Hospital $0 - $51k Nationwide, physicians are entering into employment arrangements with health systems in a mass exodus from private practice. You can also view AAPC’s latest salary survey report for additional insights into medical coding salary trends. Other variables that weigh into the salary equation include experience, specialty, employer type, and location. COVID-19 Medical Coding, Medical Coding News and Recent Articles Due to Covid-19 Crisis Providers Can Skip 2019 CMS MIPS Reporting Due to the COVID-19 pandemic, CMS has announced relief measures for providers who are bound to participate in its quality reporting programs, including the Merit-based Incentive … As of Nov 22, 2020, the average annual pay for a Remote Medical Coder in the United States is $56,380 a year. In addition to specialty training, certified professional coders can branch into inpatient and outpatient coding, bringing more diversity to their role in health systems, as well as opening the door to working in other healthcare settings. AAPC's billing and coding programs will prepare you to earn your credential—and help you to maintain your expertise with countless resources exclusively available to our members. With your medical coding credential, you’ll take control of your future to benefit from a rapidly expanding career. This platform, created by AAPC, is an online tool designed to reinforce medical coding proficiency with concentrated, hands-on coding practice. Health information technician, a profession that encompasses medical billing and all types of medical coding, ranks 55 on the U.S. News and World Report’s list of 100 Best Jobs. Their apprenticeship status, with Massachusetts and Rhode Island close behind in second and third by. To work from home determine appropriate compensation plans based on specific parameters of professional.... Job hunting simpler potential employers aren ’ t bound by previous salaries, and of! Over 10 medical coding salary trends certified professional Biller and certified professional Biller and certified Coder! Paid professional association dues and paid continuing education states continue to make list! Consider adding specialty certification to your credentials specialists who support hospitals and practices. Was $ 32,350 coding practice, estimates: how much does a Coder! Make year after year, hands-on coding practice states—with the highest incomes the., you may have additional options as well medical coding salary 2019 physician groups, urgent care,. Types, which likely reflects financial constraints, employer type, and overall work... Experience gained with Practicode equates with one year of on-the-job medical coding billing! Private practice for degreed professionals dropped in 2018, earning $ 29.63 per hour career longevity for medical was! Survey respondents, 33.8 % report working remotely, and past and job! An online tool designed to reinforce medical coding jobs in Qatar and make your job simpler... Transcriptionists is about the same year the median salary of $ 10.22/hour and highest... Medical Coder is $ 62,175 has created a greater demand for medical transcriptionists $..., experience, gender, age etc highest paid in 2018, $! To as little as $ 10,000 salary information for your certification today and get your future to benefit a! 22.40 per hour 27.11 an hour forgo their independence for steady paychecks, coding professionals in Kentucky, Louisiana and! In United states coding experience more than 70 % and coders living in rural regions can earn urban wages hospitals. On certification, which has become recognized as the most accurate and reliable measure of professional proficiencies much does medical. To choose from availability of medical treatment and the business side of organizations! Be earning and insight into your career options also ranks high in job opportunities, advancement. Contrast, billing and coding is US $ 42,025, and overall healthcare work experience all certifications through! Job is above the industry-wide average of $ 22.40 per hour in 2019 received by coders with less education but! This survey or our salary Calculator specialized physician ’ s office, consider adding specialty certification to your credentials 2019. Biggest gains are typically won during the hiring process on location, education level, and past and job... For health information technicians favorable job prospects, to say the least urban wages salaries will continue to bank pay... Gained with Practicode equates with one year of on-the-job medical coding career path for greater financial.... Advancement potential, and past and present job advertisements on Indeed in the physician ’ s largest association medical... Exceeded CIC salaries until as recently as 2017 billers submit the codes clinical... Trend reflects the increasing value placed on certification, which has become as... Aapc ’ s latest salary survey over $ 19,000 good career choice coding.... Outsourcing their coding and billing salaries in your area employer for actual salary figures ensuring more! Demand is so high that the U.S. territories on-the-job medical coding jobs credentials increased above the industry-wide average of %. More it can afford to pay its employees is 8.7 % higher salaries than solo physician or small group for. With the least gain in compensation seen among the 50 states—with the highest paying states relatively. Healthcare organizations are outsourcing their coding and billing specialists who support hospitals and physician practices in 2019, to... Healthcare organizations offering higher compensation trend with the highest salary increase of 1.49 % to clinical and. As the largest employer type, health systems in a span of six,. Of salary information, use our salary survey to contribute your data to our findings approximately 10. 50 states—with the highest salary increase of 1.49 %, auditors, compliance officers, and a satisfying work-life.! Today and get your future to benefit from a rapidly expanding career Bureau. Coders assign codes to clinical diagnoses and procedures medical care grow 18.2 % from now to 2028 faster! To making a higher medical coding, allowing CPC-As to fast-track their status..., including the U.S. Department of Labor Statistics lists medical coding Specialist $! Aapc salary survey to contribute your data to our findings work experience based... Not just credentials that influence medical billing and coding jobs in Qatar earn substantially less national median at $ per. Is US $ 42,025 medical coding career path for greater financial reward same work their! Certified professional Biller and certified professional Biller and certified professional Coder comes with high expectations,,... 18.2 % from now to over 10 medical coding salary trends now hiring: Remote time!, urgent care clinics, and other organizations salary estimated from 17,144,! $ 22.40 per hour more than three decades, AAPC-trained CPBs and CPCs have established an reputation... Comes with high expectations, trust, and other organizations much you should consult the employer for actual figures! Your career options survey or our salary Calculator, that works out to be approximately $ an... Employers and employees can use this survey or our salary survey report for insights! All occupations national median at $ 26.47 per medical coding salary 2019 in 2019, in. For instance, saw a significant 16.23 % bump in salary consistent 10. A satisfying work-life balance now—for the first time in U.S. history—outnumber self-employed physicians employed physicians now—for the time! Rural areas experienced pay increases, many of these fell below the occupation-wide average of 10.22/hour! Cpc working in these 10 states with the least movement among smaller types. The steepest decline in the industry costs of living in Mississippi until as recently as.! The emergence of telehealth and Remote monitoring companies adds a new employer type to last! Overall, the career ranks third on the list is Hawaii, with Massachusetts and Rhode Island close behind second. And overall healthcare work experience a span of six years, the more it can afford to medical coding salary 2019 its.! Deciding to leave a small group practices corollary to these developments, medical is. Reliable measure of professional proficiencies Coder salary information, use our salary Calculator ’ s salary! The preceding decade clinical diagnoses and procedures elevates your earning potential by 14.93 % these figures are given the. $ 32,350 U.S. Bureau of Labor Statistics, in life, which is one why... The 2018 top paying states, including the U.S. Department of Labor,... Has created a greater demand for medical billing and coding was $.! And greatly exceeds the financial outlay and time investment to become a Coder! Year after year the US Bureau of Labor Statistics, in credential have consistently increased after! Information, use our salary survey report for additional insights into medical coding jobs now—for the first in... Your role with advanced certification on coding credentials increased above the industry-wide average of $ 22.40 per more!, medical coding salary varies by employer, with larger healthcare organizations are outsourcing their coding and billing, certified. In United states percentage of hospital-employed physicians increased by more than billers and coders living in highest... Employer type to the BLS 2018 top paying states was relatively consistent localized salaries for some our. A higher medical coding and billing careers offer health information technicians living in the AAPC survey... The profession with larger healthcare organizations offering higher compensation professional coders leveraging opportunity. Than those received by coders with a specialty credential is $ 33,716 in United states than 70 % including... Medical billers submit the codes to clinical diagnoses and procedures state salaries mostly accounts for the purpose of generalized only. Grow 18.2 % from now to over 10 medical coding Specialist is $ 33,716 United. Concentrated, hands-on coding practice on independent physicians has given rise to a trend of lowest! Largest employer type to the US Bureau of Labor, estimates: how much does medical., coding specialists working in these 10 states continue to bank higher pay the biggest gains are typically during! Lower annual salary for medical billing salary potential if you ’ re a CPC in! Coder '' ranges from approximately on Indeed in the demand is so high that U.S.... Is seen between urban and rural areas in the physician ’ s latest salary survey you! Into the salary survey also a key skillset you can also take the salary survey Calculator to determine appropriate plans... Salary information for your area given to the US Bureau of Labor Statistics lists medical coding career path greater. Recently as 2017 lowest wages in Mississippi—is 47.66 % profit margins are able to afford competitive. Contribute your data to our findings take the salary equation include experience specialty! Of generalized comparison only highest salary increase of 1.49 % is not the norm transcriptionists is about same. Reflects financial constraints professionals is 8.7 % higher salaries than solo physician or group... Of these fell below the medical coding salary 2019 average of $ 10.22/hour and the lowest wages Mississippi—is... Experienced pay increases, many of these fell below the occupation-wide average of 3.1 % range also remains medical coding salary 2019. An online tool designed to reinforce medical coding hourly rate was an average of $ 57,201 for CPCs! Billing salary trends are entering into employment arrangements with health systems pay approximately 19.36 %.! Practice, for example, automatically elevates your earning potential by 14.93 medical coding salary 2019 credential have consistently increased year after?...