Clearly, no article concerning a Medical Coding job can be complete without mentioning salaries.

The Department of Labor tracks wages and salaries for a really substantial number of occupations – including that of medical coding salaries and wage details.

The most recent published Department of Labor statistics recommend that the mean annual income is about $32,000.

The vital factor to remember about these statistics will be the term “mean”. There is certainly far much more to the story.

A 2007 salary survey taken by the American Academy of Skilled Coders (AAPC) breaks
down so it is possible to get a more accurate appreciation of the actual income:

Typical Annual Salary by Position:

Specialist: $30,000 – $35,000
Manager: $40,000 – $45,000
Medical Billing Manager: $35,000 – $40,000
Audit Specialist: $40,000 – $45,000
Compliance Manager: $55,000 – $60,000
Medical Records Supervisor: $40,000 – $45,000
Administrator: $85,000

Tere are a couple of items you’ll need to be conscious of in evaluating salary data.

1. Certified Coders usually make seventeen percent more than non-certified medical coders, according the American Academy of Expert Coders wage survey.

2. There’s a really secure career path for professional coders. Salary rises with responsibility and higher certification.

Based on the AAPC Salary Survey, a total 8% of medical coders possessing a specialty credential earned in excess of $85,000 each and every year.

3. Endurance and practice in this occupation pays off, based on the 2007 AAPC Medical Coding Salary Survey. Folks with an entry level credential and 1 year or much less of expertise can earn as much as $30,000 a year.

Men and women with eighteen or more years of expertise make a staggering 80% more: $45,000 – $50,000 annually.

No Comments »

No comments yet.

RSS feed for comments on this post. TrackBack URL

Leave a comment

Name (required)

Mail (will not be published) (required)

Website