The Medical Coding Job Outlook

Clearly, no conversation about medical coding employment is complete without talking about salary. Fortunately, there is loads of great news concerning the wages of medical coders.

We have found that the latest published Department of Labor statistics suggest that the mean annual income for medical coders is around $32,000. Let's keep in mind that theyre using the word "average". Undoubtedly there is more to this story.

The American Academy of Professional Coders publishes an annual survey of medical coding wage and salary information. The 2007 salary survey contains the following information:

Annual Salary by Title:

Medical Coding Specialist: $30,000 - $35,000

Medical Coding Professional: $30,000 - $35,000

Medical Coding Manager: $40,000 - $45,000

Medical Billing Manager: $35,000 - $40,000

Medical Coding Audit Specialist: $40,000 - $45,000

Medical Coding Compliance Manager: $55,000 - $60,000

Medical Records Supervisor: $40,000 - $45,000

Administrator: $85,000 +

Here are a few things you need to know in order to assess this wage information.

1. Certified Medical Coders generally earn seventeen percent more than non-certified coders, according the American Academy of Professional Coders income survey.

2. There is a incredibly solid career path for expert medical coders. Income grows with responsibility and higher certification. According to the AAPC Salary Survey, a complete eight percent of medical coders having a specialty credential made greater than $85,000 each year.

3. Determination and practice in the medical coding occupation pays dividends. Those with basic credentials and a year of experience earn an average of $25,000 - $30,000 annually. People with 18 or more years of experience earn nearly eighty percent more: $45,000 - $50,000 per year.

NOTE: Use of this article requires links to be intact.

Chris Dunn enjoys writing articles about medical coding. See also: About-Medical-Transcription.com.