Medical Coder Salary
The average salary of medical coder in US is from $34,000 to $43000.
These numbers are obtainable by having a basic certification but when experience and specializing added to this basic, these numbers upgraded from $44,000 to $57,000 annually.
In US, the entry level annual salary for this profession is $30,000. The variation in the salary is present because of diverse factors.
Salary Medical Coder in Different Part of US
The pay scale of medical coder is dependent on the geographical location. Some states have higher wages for medical coders than others.
The Highest Paying Cities
A medical coder can expect higher pay in the cities like Phoenix, Dallas, Houston, New York and Texas. These cities offer starting salary of $40,000 per year and those who are experienced and fully certified has the annual salary of $57,000. The other cities that offer goof medical coder salaries are:
- St. Louis
- Los Angeles
These areas offer advantage to medical coder as they provide greater growth opportunities.
States with higher paying scales for medical coder
The states where medical coders get good career are:
- New Jersey
- New Mexico
- West Virginia
In these states, the entry level annual salary that is offered to medical coder is above $34,000; but it depends mainly on the qualification of the person.
Duties of a Medical Coder
Another name given to the medical coder is the medical biller as in this profession, a person has to determine the cost of the medical procedures and provide the information to the relevant insurance companies. When the hospital offers the services, the compensation is followed by a medical billing professional.
A coder generates outpatient and inpatient records and provides the billing cost of the treatment.
Knowing anatomy, physiology and medical terminology is a must requirement as lots of claim processing is the need of the job.
For medical coding job, passion and interest is very necessary. The professional training makes sure you know everything that is needed for the job. To specialize in this field, Certified Professional Coder CPC certification is required. Its alternative is certificate of Certified Coding Specialist (CCS).
How to Become a Medical Coder?
In United States, certification that is necessary to get a medical coder job is the AAPC’s Certified Professional Coder certification or you can go for AHIMA’s Certified Coding Specialists credentials.
One of these certifications can let you enter in this profession but having both can improve your worth in this field and you will be recognized. Nearly half of the individuals who appear in CPC examination fail; proper studying and hard work is the key to pass the exam.
A person applying for a medical coder job will also be tested for the knowledge in medicine, pathology, anatomy, evaluation and management, radiology, and medical terminology. The critical areas for the study are ICD-10-CM and HCPCS. These certifications will help in a prosperous medical coding career.
Medical Coder Salary in Canada, Australia and UK
Medical coders have different salaries in different parts of the world.
In Canada, a medical coder can earn up to $31,000 annually. The coders that are highly experienced in their field can enjoy the double salary and has annual salary of $62,000.
The average annual salary for medical coder in Australia is $61,000 which can be raised to average of $72,600 per year when more and more working years are added in this profession.
In UK, a new medical coder has the salary between 19,000 and 20,000 pounds. When experience is added, these numbers increase to 34,000 to 50,000 pounds annually.
Bureau of Labor and Statistics, United States, says that the demand of medical coding will be increased many folds till 2018. If you are the one who is seeking a good profession for the future then it is the place where you must start. People who want get a career in medical industry can make medical coding their profession.
This is also a suitable option for those who are passionate to get in the medical sector but don’t want to be a doctor or a nurse. It is a nice career to opt as it pays for all your efforts. Getting relevant certificates is always a good option as it will improve your worth as a coder.
Once you decide to be a medical coder, it is necessary that you be a specialist in what you do. As factors like location, certification and experience has much importance for the better future, don’t divert your focus from these factors. Areas like New York, Chicago, Miami as well as other places mentioned in this article above which offer good paying scale, consider moving to these places. These places are also a key to get to right schools and get perfect training.
When you work hard and become more expert, you can also move to UK, Australia and Canada for higher wages. Don’t limit your options. This certification is recognized in various other countries also; it is your job to keep check on them and seek better options whenever available.
This career is just right for you if you want to make a difference in the society.