Look, we all know I make more than the average medical billing and coding. And if you’re reading this blog, you probably do too. Let’s face it – we get paid well for what we do. But how much is that? Where do you sit on the spectrum of medical billers’ salaries? Do you know what your peers are making? Raises? Bonuses? Benefits? Your job scope? This post will give you a snapshot of the current MCB&C industry and shed some insight into what the work entails.
Average salary for medical billing and coding
Medical billing and coding salaries vary widely based on a number of factors. The number of years of experience a medical biller or coder has, their geographic location, and even the specific fields in which they specialize can shift things around quite a bit on average. For example, according to the BLS, the average medical billing and coding salary for those in general practice is $43,970 per year. However, the state with the highest average salary for medical billing coders is Texas ($52,240), while the lowest is Kentucky ($32,500).
To become a medical biller or coder, you need a special set of skills; this makes it a difficult field to break into. The demand for medical billing and coding specialists is only going to grow, however, so if you’re looking for a profession with a high ceiling and stable future, then this may be the path for you.
As you can imagine, it is a very interesting job to do. At Patheon Medical Billing and Coding jobs are available all over the globe since the company’s headquarters are in Ireland. The US headquarters are in New Jersey , while the Canadian headquarters are located in Mississauga, Ontario.
The field of medical coding is a highly in-demand job that can be financially rewarding, offering a variety of opportunities for those who know how the best. And thanks to the tight labor market and specialized experience needed, those who have mastered this skillset can expect to earn a salary that’s similar, if not better, than many other top jobs.
Registered medical coders are responsible for the accurate and efficient billing of medical services and procedures. They identify and code patient information, update insurance claims with pertinent information and generate any applicable reports. Depending on their duties, a medical coder may also verify that physician’s orders are in alignment with given diagnoses.
