Medical Coding and Billing Salary 2011 – Important Info

Wednesday, June 29, 2011

You may want to know what kind of medical coding and billing Pay 2011 you can actually expect to pay if you are seeking employment in the medical administration industry and you have a medical billing and coding degree certificates.

Of course, there are many factors that regulate the precise level of medical coding salary, but this article will give you a good guide to how some of these factors will affect your payment. The statistics are from U.S. data National Salary.

Length of experience:

I need to say that the more experience you can offer an employer, the higher your payout is likely to be. For new graduates and experienced less than a year, half of medical coding and billing Pay 2011 will be around $ 27,000. Five years later, this has increased to about 36. $ 860 and once you have been working in medical billing and coding a decade or more, medical coding and billing salaries are within the whiskers of a cat to reach $ 40,000 per year.

Keep in mind, however, these are average figures, so their wage and salary medical coding medical billing can be significantly higher than that quoted here.

Company size:

A medical coding salary is not only dependent on an arbitrary pay scale or work experience of an employee. The size of the doctor's office or institution is also a factor in determining final payment levels - though perhaps not as significant as you might think.

Statistics show that there are less than $ 1000 difference between working in an office with no more than fifty employees and a health center with 200 employees! Perhaps this is due to a smaller workplace are more personal, where employees are known more as people and not just a name on a piece of wage and therefore more valued as individuals. A large medical institution may not be able to get to know so well and so your efforts and abilities simply tend to blend into the crowd.

Vs male employees. Employees:

Surely in these times of enlightened awareness and equality, gender can not affect the average level of wages or salary medical billing medical coding?

Surprisingly, official figures show that although women have a 85% -90% of medical billing and coding jobs, men are paid between $ 3,000 - $ 3,500 more than they are.

Not much you can do to change their gender, but may be useful to be aware of this fact during wage negotiations.

Type of employer:

Medical coding and billing salaries can vary greatly depending on the company to pay their salaries.

Of the four main types of employers, self employed, corporations, private practice and government / Federal salaries vary little over $ 8,000, but I think we better pay and that the worst?

Would it surprise you to know that the Federal Government and the industry pays the lowest medical coding billing and wages - about $ 30.0500 a half figure - but are working on their own that show a $ 39,200 income in comparison. It is not difficult to see that medical billers on their own and encoders to reach the top as they often have the ability and motivation to control their own income and that does not take a genius to realize that the state pays the lowest.

The pay of an employee who works for a private hospital in about $ 37,000, with large commercial enterprises lag behind in just under $ 32,000.

The pay gap for the State:

Finally, its geographic location affect wages and medical coding and billing you will see a change in state by state.

As a brief guide, Florida and North Carolina have recently reached the top, with average wage levels of $ 38,800 and $ 38,442 respectively.

Follow-up in the middle are from New York ($ 30,334) and California ($ 30,920) with Texas behind with a disappointing 27. 000.

If you are prepared to move to a state where pay is better, you can certainly influence the medical coding and billing in salary in a positive way.

In conclusion, many factors can influence the level of medical coding and billing salaries, some of which you can use to your advantage when you understand how and where these differences come into play. To some extent, the medical coding and billing 2011 Salary shall be subject to its own control.
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