Medical Coding and Billing
DISCOVER THE CAREER OF MEDICAL CODING & BILLING


 
 
 

Medical coding is among the most in demand professions in the USA and around the world. If you ever had, and still have an interest in the industry of healthcare then the best time to get started is NOW.

   
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Medical Coding Salary

"How much can a medical coder earn?" Most job seekers want to select which jobs to apply for based on how much money they can earn. However, we noticed that most of the job advertisements, either in the newspaper, or on job boards online are posted without salary figures included... astonishingly, nearly 50% of job offers do not advertise the vacant position's salary. Also, on the flip site, it is very uncommon for a job seeker to post their salary expectations right into their ad. What does this mean? It means that when you are applying for a new job, salary negotiations will be& an important part of the job interview and discussed during the hiring process.

Medical Coder Salary Survey

A survey by American Academy of Professional Coders - AAPC Salary Survey - from 2008 revealed that the average annual wage for a credentialed medical coder is $43,100, compared to only $36,500 for a non-credentialed coder...

 

Watch this video!

Steven French, a recruitment consultant at Uteach Recruitment reminds us: "The salary that you want to earn in the new job should not be a fixed figure because the total cost involved may not be clear in the very beginning. Rather than a fixed figure, the salary should be within a range." According to Steven, the expected figure should be disclosed to the prospective employer after fully understanding all the implications of the new job, which may include out of pocket contributions for your employee's health insurance plan, dress code requirements, commuting and transportation expenses, how much overtime is involved and perks.

Industry Employment Percent of employment Hourly mean wage Annual mean wage
Offices of Physicians 41,450 1.79 $13.96 $29,030
General Medical and Surgical Hospitals 65,290 1.27 $17.80 $37,020
Outpatient Care Centers 6,740 1.14 $15.12 $31,440
Specialty (except Psychiatric and Substance Abuse) Hospitals 2,340 1.09 $18.88 $39,270
Nursing Care Facilities 13,260 0.80 $16.05 $33,380

Discounts and Perks

Perks can come in form of reimbursement of tuition expenses, flexible working hours, 401(k) contribution, on-site daycare and health clubs, company paid training, mobile phone and/or laptop computer, paid professional membership to associations and institutes, vacation and personal holidays, paid sick-days, car parking expenses, tax deductible expenses, and the possibility of working from home. Many of these factors are intangible benefits - depending on your situation they may be very important, for example the option of working from home for a mother having small kids or a disabled family member to look after.

"Why do so many employers feel they need to hide their salary range in their advertisements? Probably because they want to make sure your main focus in not so much on the money but on a long term commitment and being happy."

When responding to a post for possible employment remember that you also want to also ask about...

  1. any costs affiliated with such offers
  2. the coding qualifications required
  3. a coding test as part of the hiring process
Many employers are also spending money to make the workplace more pleasant, or give discounts on goods and services, or adopt flexible rules on work scheduling, and so forth.
success
Happy, Happy, Happy

And last but not least it is important to be HAPPY! No situation is more miserable and unhealthy than leaving the house feeling frustrated, and arriving at the work place anxious! So other than salary, HAPPY is the very next important thing, which cannot be calculated in dollars! It's like one famous credit card commercial puts it so well: having a well paid job = great, being happy at it = priceless.

 

  1. Job Satisfaction and Retention
  2. Work Hours and Pay