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Below, we’ve listed the median annual salary for specific job titles within the medical billing and coding profession, as gathered by PayScale. Medical billing clerk: $33,355; Medical billing/coding supervisor: $58,979; Medical office manager: $48,223; Medical billing manager: $50,902; Medical technologist: $53,573
In this guide, we'll explore medical billing and coding salary factors, including the average salary in each state, the highest-paying cities, and the salary differences between medical coders and billers depending on where they work.
The U.S. Bureau of Labor Statistics (BLS) reports a 2022 median annual salary of $47,180 for medical billers and coders. Specific medical billing and coding salaries vary by employer, location,...
While the median salary for medical records specialists—a category that includes medical billers and coders—is just over $48,500 a year, pay may vary depending upon several factors, including where you work and live, how much experience you have, what certifications you have earned, and your level of education.
The Bay State tops the list of the highest paying states for medical billing and coding. The average medical billing and coding salary in Massachusetts is $67,260 a year, which is 22 percent more than the national average; billing and coding technicians in the Bay State typically reach this benchmark in the 10th year of their career.
Whether you're a seasoned medical records specialist or you’re considering a career in healthcare, AAPC’s 2024 Medical Coding and Billing Salary Report* will help you: Assess your income potential. Prepare for compensation and wage negotiations. Plan your career path for greater financial reward
The base salary for Medical Coding and Billing ranges from $40,336 to $48,928 with the average base salary of $44,467. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $40,461 to $49,016 with the average total cash compensation of $44,538.
Nationwide, medical record specialists, which include medical coders and billers, earned a median income of $62,160 annually in 2023. This is slightly above par with median third-quarter incomes across the country in all industries at $58,136, according to the DOL.
Salaries in the United States can vary significantly from state to state due to a multitude of factors, including cost of living, local economic conditions, and industry presence.. For example, as of December 01, 2024, the average yearly salary of Medical Billing and Coding Specialist I is $46,000 in California and in Massachusetts, the average annual salary goes to $45,400.
Gain insights into the 2024 Medical Coding and Billing Salary Report by Credential, comparing earning potential across different professional certifications.