Employment, Annual Job Openings and Job Outlook Salary By State – Highest To Lowest Paying
Average Annual Compensation (Salary + Benefits) Keep reading to find out the entire scoop on medical billing and coding salary in 2023. Thus, it’s worth keeping in mind that when you ask the question, “How much does a medical biller and coder make?”, you may be asking two separate questions. In smaller physicians’ practices, billing and coding are often combined, but in larger operations such as medical centers and insurance providers, the two roles are quite distinct. Medical codes are used for far more than billing, of course accurate coding helps healthcare facilities and scientific researchers conduct surveillance on healthcare utilization, and they also serve as the basis for review processes.
Medical coding and medical billing are actually two separate employment categories: Medical coders translate the information contained in medical charts into clear and unambiguous medical classification codes, while medical billers use those codes to create insurance claims and hospital invoices. The average medical billing and coding salary is $54,797 annually. Medical coders and billers are essential components of American healthcare’s financial reimbursement system. Medical Billing And Coding Salary By State in 2023 – (Ranked Highest-to-Lowest Paying) Written By: Pattie Trumble, MPP, MPH