How Much Can A Medical Biller Earn?

By Kindmore Lucky


If you are a medical biller, you are probably looking for good places to work for 2016 and beyond. It is amazing that ICD-10 coding is causing lots of people to look for new jobs. Many companies today are paying certified coders top dollar for their years of expertise. If you are looking for a good city to work in, why not try the state of New Jersey? Many medical billing and coding jobs are paying over $70,000 a year in NJ. It is becoming obvious that healthcare in New Jersey is great.

The next state that pays billers the most money is New York, NY. The average salary for a medical coder is $65,000 a year. A lot of billers in the top 10% are earning anywhere from $65,000 to well over $100,000 if you work in certain areas of Manhattan. The next three cities are Houston, Phoenix, Los Angeles and Chicago. These states are paying anywhere from $50,000 per year to over $65,000 per year is you are in the 10% of people employed.

Medical billing seems to be changing as much as medical insurance is. The year 2016 is seeing a lot of changes and many people are wondering what the future is going to hold. In reality, nobody really knows for sure. It is expected that a medical biller should have at least a bachelor's degree and their certification in ICD-10 coding. It is also important to have years of experience in coding. As each day passes, you will come to know coding as being an experience that you can count on and come to know.

Getting your certification in ICD-10 will determine your success as a medical biller. You may find that working in a great state like New York has many perks to it. For starters, there are hundreds of jobs here that are still yet to be filled. There is a 17% demand rate for medical billers that want jobs. These jobs are not easy to get since most companies want you to be ICD-10 certified and have a few years of experience billing. You must show that you can get high revenues for healthcare establishments. The problem with billing today is that it's hard to get reimbursements.

Medical billers today say that they love their job. It is a growing field and more is expected to come in 2016. In the future, billers are expected to get paid a lot more money than they did because the codes have recently been updated. If you know a lot about ICD-10, you may see a $70,000 salary in Kentucky. This is mainly due to the fact that most doctors today are losing 30% of their revenues. It takes a good coder to get higher returns.




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