The average salary for a medical coder is $50,000 per year. This includes salaries for both full time and part time employees. Medical coders must be highly skilled professionals who understand the nuances of healthcare terminology and regulations. They must also possess strong communication skills and be able to work well under pressure.
Medical coding and billing jobs typically start out around $30,000 per year. However, if you work for a large hospital system, you may earn significantly more.
Medical Coding and Billing
Medical coding and billing is the process of assigning codes to describe what was done and how it was performed. These codes help doctors bill insurance companies for their services. There are many different types of medical coding and billing jobs out there. You may work at a hospital, clinic, doctor’s office, or even a pharmacy.
Salary Range
The salary range for medical coders varies depending on where you live and the type of job you choose. In general, medical coders earn between $25,000 and $50,000 per year. However, some people who specialize in certain fields can earn more than that.
Education Requirements
To become a medical coder, you need a high school diploma or GED. Many employers require applicants to have a bachelor’s degree in computer science or information technology. If you want to advance in your career, you should consider taking classes in medical terminology and anatomy.
Job Outlook
According to the Bureau of Labor Statistics (BLS), employment opportunities for medical coders are expected to increase by about 10 percent over the next decade.
Work Environment
Most medical coders work full time in offices. However, some work from home and others work outside. Depending on the company, they may offer flexible schedules and telecommuting options.
Career Path
You can start working as a medical coder right after graduating from college. Most employers prefer candidates who have experience in healthcare. As you gain experience, you can move up to higher-level positions.
Benefits
Employees who work for medical coding and billing companies receive health insurance coverage. Employees also get paid vacation days and sick leave.
