AAPC just relaunched the Salary Survey Calculator tool based on the results of the 2018 Healthcare Salary Survey. The updated tool is refreshed with a new look and data from nearly 20,000 respondents, more than any other survey in the business of healthcare industry.
Get Specific Info on Salaries in Your Area
The Salary Survey Calculator allows each user to select their location and more than 10 additional parameters to determine an average salary that matches the user’s situation, based on survey responses. As filters are chosen, the displayed average and graphic adjusts automatically, as do the other filter possibilities – removing criteria if there are no matching survey responses. A chart representation displays where that average sits in a range from $20,000/year to $80,000/year, as most salaries outside of those boundaries represent the rare outliers. General data on state-specific averages is displayed beneath the calculator, with links to pages for each state, offering more analysis and data on that area.
Employees and employers alike should use this calculator to determine if their workplace salaries are fair, considering various common factors of the wage-setting process. The tool can add important information to every compensation conversation for those in the business of healthcare, but this data alone should not determine an individual’s salary.
Salaries Statistically Accurate
Given the current AAPC membership and high number of survey participants, statistics reported by this salary calculator represent a 99% confidence level with a margin of error of ± 0.9%. The overall average salary for healthcare business professionals is $51,889, while the average credentialed AAPC member makes about $54,500.
AAPC’s annual salary survey gives a good understanding of the earning potential within the medical coding profession.
See what actually is going on in the healthcare business job market.