What’s the Average Medical Billing and Coding Salary?
More Answers From Medical Coding Professionals
In your experience, what range of compensation does someone working in medical billing and coding stand to make? What’s expected entry level rates? And then what is the high end of further into your career you could strive for?
In the beginning, you could probably expect anywhere from $30,000 to $40,000, depending on your experience. And then definitely as you progress anywhere to $100,000 plus, it just really depends on how far you want to go with that.
When I started off at Kaiser, I only had one job prior to that, and that was only for about six months. And that job was for a federal health qualified Community Health. It was $18 bucks an hour as a coder. The billers were making probably about $15 an hour, which was still very good at that point. Kaiser like I said, Union scale started all of their builders and coders at $22 something an hour because it was Union scale. But if you’re in management, that it was a different pay rate. It was a salary. I’m seeing salaries in my area for qualified coders, certification years experience anywhere from $40,000 to $55,000 a year. If you do more than just coding, if you know billing, if, you know auditing, which is a terrific case and I have as well that goes way up, especially with auditors.
First off, if you want some accurate, detailed information about that, the American Association of professional coders wants a report that is organized by career level, by state. On how much money, you can expect to make in your job if you are brand new to billing and coding inexperience just finished getting certified, it’s likely that your hourly rate might be about the $20 mark. I wouldn’t go lower than that. Don’t let anybody pay you less than that. OK I would fight for you. OK if you’re trying to get less than that. But in the $40,000, $38 to $42 range, for a brand new person, somebody who has experience is looking at $50,000 to $70,000 somebody who has more advanced skills, maybe they have taken advanced training and coding or auditing or something. They can expect $78.
It’s definitely dependent on what certifications you want. Oh, well, just a certified professional coding, you know, certification. If they had A which apprentice that can be on the lower scale of the aspect, which could be like anywhere from maybe $15 to $17 an hour. And then the higher ranking where you’ve been at this for a while, depending on what you’ve done in the past at other jobs or even with that particular practice, what you’ve done in the time you’ve been in this field, it could range to $65 to $85 dollars per hour and a lot of it depends on how you work. So like with my company we have is that we’re depending on the job is how we based actual pay rate. For a low level employee that started just out now with the CPC-A. I, I would definitely want them a lower because their work has to be scrutinized. It definitely has to be reviewed prior to being approved.
When I started out right after I got my degree, I just wanted to get my foot in the door anywhere. And I got a job at a in-patient like drug and alcohol rehab place, and they paid me about $10 an hour. So that was really terrible. But it led to me getting a job at the local hospital because I just needed to show them I had some kind of experience. They hired me in for that $14 an hour and I had about six months of experience at that time, so not even that much experience. And it was a large pay increase at that time. Now, where I currently work, if you have a certification of some type, they start out about $18 an hour. And I would say I’m kind of at the Senior level of the pay and I’m making about $28 right now and the top out pay is $35.
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Best Online Medical Coding Degree Programs
Medical billing and coding degrees are offered at the certificate, associates and bachelors degree levels. At the associates or bachelors level, the degree is often called, Health Information Management, Informatics, or Healthcare Administration in addition to Medical Billing and Coding. Below you’ll find accredited online medical billing and coding degree programs that will prepare you for your career in the field: