This article will discuss the medical coding and billing salary by state in the USA, the medical field is one that has seen significant changes in recent years. Coding and billing are an essential part of the industry.
The medical coding and billing industry is the backbone of the healthcare system. The lack of trained individuals in this field can cause major problems for hospitals, insurance providers and patients.
The medical billing industry has seen an increase in demand for this specialty by both employers and employees; the industry is projected to grow at a rate of 7% by 2022.
Medical coders and billers are vital to many hospital systems. As such, there is a great shortage of qualified personnel to work in these positions.
These factors can play a big role in how much money a medical coder/biller makes in their state. This article provides an in-depth review on the current trends in coding and billing, what states are paying the best salaries for these professionals, and more.
Medical coding and billing is a profession that is not only now in high demand, but also offers many opportunities for those who enter the field. For those working as an employee in medical coding and billing, salaries can range from $20,000-$80,000 per year.
What is Medical Coding and Billing?
Medical coding and billing, also referred to as health information management is the job of assigning codes to diagnose or procedures performed by a doctor to match them with particular healthcare service.
The coder will then use this to create a medical bill for the given procedure. Medical coding and billing professionals are responsible for processing this data into something that can be interpreted by other professionals in the field of healthcare.
Medical coding and billing is a multi-billion dollar industry, with the United States accounting for $16 billion in healthcare spending per year.
Medical Coding and Billing Salary by State
Massachusetts State
The Medical Coding and Billing Salary in Massachusetts is about $50,532 per year on average. It can vary depending on the company or type of work. The industries that pay the most are hospital systems, doctors offices, clinics, etc.
New York State
The Medical Coding and Billing Salary in New York is about $52,256 per year on average. It can vary depending on the company or type of work.
Medical coding and billing salaries in New York vary by specialty and experience. PayScale reports the median annual salary for a Certified Healthcare Coder at $44,320, while the same position with 4-6 years of experience averages $53,827 annually.
The first step to finding out how much you can make as a medical coder or biller is to figure out which specialty would be best for you.
Chicago State
The Bureau of Labor Statistics reports that medical coders in the Chicago metropolitan area earn an annual salary of $54,170. This is lower than the national average of $60,350, but still a respectable wage.
The highest-paid coders in the Chicago area work in the medical device manufacturing industry and earn an annual salary of $67,490. Those who work in doctor’s offices or other health care facilities earn an annual salary of $51,870.
However, medical coding and billing salaries can vary considerably by state and there can be more employee benefits Chicago.
Texas State
Doctors in Texas need to have a medical coding and billing salary that is competitive with the rest of the United States.
For many medical professionals, this means having at least a bachelor’s degree, some post-baccalaureate education, certification, formal training, relevant work experience, and licensing.
This ensures that they are able to enter the job market with an appropriate skill set. The first step to finding out how much you can make as a medical coder or biller is to figure out which specialty would be best for you.
The average annual salary for medical coding and billing professionals in Texas ranges from $53,337 – $72,416. The average hourly wage for medical coding and billing professionals ranges from $25.05 – $33.33.
California State
Medical coding and billing professionals are in demand in the current job market, and can earn a substantial income in California. In fact, the median salary for a licensed medical coder with three years of experience in
California is $39,903 a year ($19.06 per hour). Medical coders who have been in the profession for five years see an even greater increase with median yearly earnings of $53,491 ($25.42 per hour).
The qualifications for becoming a medical coder are similar to those of the medical profession.
At the minimum, a medical coder should have a bachelor’s degree in Health Care Administration, Health Care Management or Healthcare Information Management.
Newjersey State
Medical coding and billing is a great profession to explore throughout the United States, but many people are interested in what it would be like to work as a medical coder or biller in New Jersey.
Medical coding and billing specialists can make a six-figure salary in New Jersey. The average salary for medical coders and billers is $65,000 per year.
Popular employers of medical coding and billing specialists include Cerner, Healthcare Management Company, Inc., Tricare North East Region, and Precision Systems Group.
A medical coder will need to have a bachelor’s degree in medical billing or medical coding. Medical coders are also required to be registered nurses.
Alabama State
Coding and billing, one of the most important parts of healthcare, makes up at least 30% of a provider’s revenue.
To be successful in this field you need to receive specific training in medical coding and billing, or have a job that has related duties such as an office manager or receptionist.
The best way to find out what salary is available for this job in Alabama is by visiting Indeed.com.
Medical coding and billing salary in Alabama: the median hourly wage for a medical coder and biller in Alabama is $15.64 (BLS, 2017).
The average salary for a Medical Coders and Billers is $47,000 per year. The median annual wage is around $43,000.
In addition, there’s a difference between the average salary of a Medical Coder/Biller who is also a Registered Health Information Professional versus one who isn’t.
Delaware State
The medical coding and billing salary in Delaware, on average, ranges from $50,000-$65,000.
Salaries for medical coding and billing vary greatly among states. In Delaware, the average salary is $58,000 per year. The industry pays a great deal of importance to having a diverse workforce because it offers a broader perspective on patient care.
Ohio State
The medical billing and coding industry in Ohio is growing at a rapid rate. In the state of Ohio, there are around 7,000 open positions for these positions.
The average salary for medical coding and billing jobs in Ohio for this position is $54,242.
The benefits package can also be really good and includes health insurance and pension plans.
Illinois State
The Illinois Bureau of Labor Statistics provides salary information for medical coding and billing occupations in the Illinois Standard Occupational Classification (SOC). The SOC is a list that groups all available occupations into 24 major occupational groups, including Medical Coding and Billing.
In Illinois, medical coders’ median income is $54,929, comparable to the Central East region’s median income of $53,585.
The Medical Coding and Billing occupation group is only one of the many medical-related occupations included on this list, but it is one of the most highly sought after positions among all other healthcare positions.
Conclusion
Are you curious about how much money medical coders and billers make in different states? If so, this article will provide you with the answer to your question.
The article provided an overview of the medical coding and billing salary by state. As the medical coding and billing industry is experiencing rapid growth, many people are considering this line of work. Occupational opportunities might be most prevalent in healthcare facilities, but there are also opportunities in ancillary industries
