Medical billing and coding is a growing field with high demand. According to the Bureau of Labor Statistics, the job market for medical coders and billers is expected to grow by 26% from 2016 to 2026. This growth is driven by the aging population, which means more people will need medical services and care in their later years.
The starting salary for medical coders ranges from $25-$35 per hour, depending on experience level, education, and location. The average annual salary for a medical coder is $53,000 per year. The top 10% of earners can make up to $80,000 per year or more!
Medical Billing And Coding Salary In Ky
MEDICAL BILLING AND CODING JOBS IN KENTUCKY
Three significant employers of medical billing and coding professionals in Kentucky are:
WILLIAMSON ARH HOSPITAL
- Address: 260 Hospital Drive, South Williamson, Kentucky 41503
- Phone Number: 606-237-1700
- Website: www.arh.org/Williamson
Williamson ARH serves some 4,000 citizens in and around South Williamson. Employee benefits include medical, dental and vision care, disability insurance, paid time off, flex spending accounts, and more.
BAPTIST HOSPITAL NORTHEAST
- Address: 1025 New Moody Lane, La Grange, Kentucky 40031
- Email Address: Click here to access their contact page.
- Phone Number: 502-222-5388
- Website: www.baptistnortheast.com
Baptist Hospital Northeast is a 120-bed facility that is part of the Baptist Healthcare System, which owns four other acute care facilities. The services at Baptist Hospital Northeast include 24-hour emergency care, fluoroscopy, a sleep disorder center, mammography, and cardiopulmonary care. Benefits at Baptist Hospital Northeast include paid time off, sick pay, flex spending accounts, bereavement leave, educational assistance, life insurance, a range of insurance plans to choose from, a 529 college savings plan, and more.
CARDINAL HILL REHABILITATION HOSPITAL
- Address: 2050 Versailles Road Lexington, KY 40504
- Phone Number: 1-800-233-3260
- Website: www.cardinalhill.org
Opened in November 2005 due to a greater demand for rehabilitation services, this Cardinal Hill location specializes in treating spinal cord injury, brain injury, stroke, pulmonary issues, MS, joint replacements, and amputations. Benefits include tuition reimbursement, sick days, paid time off, many insurance policies to choose from, a 403b retirement option, and more.
MEDICAL BILLING AND CODING SALARY IN KENTUCKY
Kentucky’s overall unemployment rate has remained below 5.5% from March 2017 to August 2017. The number of education and health services jobs in particular has increased slightly from August 2016 to August 2017 as well, a positive sign for medical billing and coding professionals in the state.
Around 4,500 medical billing and coding professionals are employed in Kentucky, earning an average hourly wage of $17.87 and an average annual salary of $37,170, which is just below the national median salary of $38,040.
Medical coding and billing professionals can enhance their job prospects by earning their AAPC certification. AAPC-certified professionals complete an official exam measuring their knowledge of standard billing and coding processes and procedures, as well as their practical applications. To prepare for the certification exam, some online prep courses are available and students may be able to complete the exam within the course itself.
TOP CITIES IN KENTUCKY FOR MEDICAL BILLING AND CODING CAREERS
These are the top cities in Kentucky for billers and coders. All data is compiled from the BLS.
- Elizabethtown-Fort Knox, KYThe hourly mean wage in this area is $20.48 and the annual mean wage is $42,600 — above the national average.
- Lexington-Fayette, KYThe Lexington-Fayette metropolitan area has around 840 medical billing and coding professionals. The average worker makes $19.30 hourly and $40,140 annually.
- Bowling Green, KYBowling Green has 130 total medical billing and coding workers. On average, workers here make $17.52 an hour and $36,430 per year.
- Huntington-Ashland, WV-KY-OHThere are 250 medical billers and coders in the Huntington-Ashland metropolitan area who make, on average, $17.19 hourly and $35,750 annually.
- Louisville/Jefferson County, KY-INThe second-highest amount of medical billers and coders are found in the Louisville-Jefferson County metropolitan area. There are around 1,380 workers — almost one-third of the state total. The average worker in this area makes $17.76 hourly and $36,930 annually.
- Cincinnati, OH-KY-INThe Cincinnati metropolitan area has 3,000 medical billers and coders. On average, workers make $21.34 hourly and $44,400 annually.
- Owensboro, KYThere are about 100 medical billers and coders in Owensboro, and they make an average of $17.65 an hour and $36,710 annually.
