Salary survey for coders is out for year 2011. The survey is carried out amongst 12,000 respondents; the survey clearly shows an upward trend in average salaries for coders. The survey has also brought out some key trends in coders hiring, region wise average salaries and various career paths coders are opting for.
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Let’s have a look on some key trends
Region wise salaries:
Average Salaries varied region wise pacific region saw highest salary with $ 53,334 per annum for a coder while east south central $ 39,830 per annum. Coders in states with a higher cost of living were paid more than those in states with a lower cost of living. For example, coders in California earned in excess of $ 57, 700, while workers in Kentucky earned just under $ 37,500.
Average salaries based on nature of employment
Source: AAPC survey
Average salaries also varied on the basis of nature of employment Self employed individuals have earned average of $ 69,150 per annum while the coders working in solo practices have earned average salary of $ 39,920 per annum.
Coders take variety of career paths
Surveys also indicated that coders are taking variety of career paths, with health reform, electronic health records( EHR’s) and ICD-10 they have various options to choose .The common choices were like as coder, management, biller/collector, charge entry, auditor, educator, consultant, claim adjudicator.
These various trends are the evidence of growing demand for skilled coders in a tough economic and health reimbursement scenario.Medicalbillersandcoders.com provides a comprehensive platform for billers and coders to get the maximum advantage of this growing demand by bridging the gap between them and providers.
About Medical Billers and Coders
Medical Billers and Coders is the largest consortium of Medical Billers and Coders in the United States. Our aim is to help the physician community to reach the right expertise in the right location at the right time.
Physicians usually prefer the technology and expertise of a large billing company and the customization and attention of a local Biller Medical Billers and Coders brings out the best in both the options and caters to the exact need of the physicians’ billing requirement.
From Anchorage in Alaska to Honolulu in Hawaii and from Port Orford, Oregon in the west to Boston, Massachusetts in the east our network is spread across the nation. Healthcare is well spread out and so is our representation. Our Billers will service your office within a radius of 30 miles and be discussing your billing process updates weekly. You can benefit from our consortium by:
Looking up Billers who have been servicing your specialty for years
What connects such a big network is our technology, our web based software through which we can use the best biller for the specific specialty, though doctors comfortable with their technology can continue to do so, or switch to ours and also receive federal stimulus for it.
The benefit of centrally done operations and economies of scale is also passed to physicians/ you in terms of effective pricing.
The expertise of specialty wise billers is directed towards billing claims appropriately and getting maximum revenue for the practice.
Our billers are always updated with the latest in specialty billing regulations, state billing regulations and government regulations. They are always motivated to keep their certifications updated and know more about the industry.
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