Sunday, March 14, 2010

5 Tips to Increase Your Medical Coding and Billing Salary

Medical Billing and Coding are two of the most sought after professions in the medical industry, likely to increase in demand by at least 3% each year until 2016. The typical salary for a medical biller or coder is generally between $26,000 and $33,000 per year. However, this salary can be influenced in a variety of ways. Here are 5 tips to increase your medical coding or medical billing salary:

1. Location, Location, Location: Geographic location plays a part in your salary. Medical billing and coding salaries are higher in cities, where the cost of living is higher.
2. Institution: Medical billers and coders who work at large government hospitals or nursing homes make more than those who work for a private specialist center or small insurance corporation.
3. Education: The higher your education and certification, the higher your salary. Amount of training and work experience also play a role.
4. Specialization: Those who specialize in cancer registry, physiological registry, mental sickness registration may reach a higher salary range.
5. Industry: Pharmaceutical; Professional, Labor or Political Organizations; Federal Government; and Business Support Services professionals earn more than your average medical biller and coder. Pursuing a career in any of these industries could result in a higher salary.


ganesh said...

Thanks for sharing, I will bookmark and be back again

Medical Coding