Job Market for Medical Coding & Billing
Ready to be one of those weirdos who loves their job?
Medical billing and coding jobs consist of managing patients’ electronic health records. (It’s critical work considering that every patient is someone’s mother, husband, child, or other precious family member.) You’ll assign standardized codes to the procedures performed by the healthcare facility you work for. This is the first step in helping patients get their medical bills covered, so they have one less thing to worry about.
As a medical coding and billing professional, you can work in almost every type of healthcare facility, from on-site in large hospitals and major clinics to small physician offices to insurance companies, coding outsourcing companies, and other healthcare businesses. It's also possible to find medical coding and billing remote jobs that allow you to work from home.
If you’re wondering how much medical billing and coding jobs pay, it varies by employer, location, and experience. But you can earn a great income with job security, upward mobility, and the potential for great benefits. You can also further increase your income by earning additional industry certifications. According to AAPC's annual salary survey, medical billing and coding jobs salary averages look like this:
One Credential > $52,605
Two Credentials > $60,305
Three Credentials > $66,999†Based on the American Academy of Professional Coders annual salary survey
Our aging population and greater number of people insured through the Affordable Care Act have made healthcare one of the largest and fastest growing industries in the nation. Along with the increasing need for health services is the increasing demand for medical coding and billing professionals. In fact, medical billing and coding jobs are growing steadily. The U.S. Department of Labor estimated 8% employment growth between 2019 and 2029.
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