How Much Does Medical Billing & Coding Pay

Medical Billing and Coding specialists at their computers

Medical billing and coding are critical parts of delivering excellent patient care. As a medical billing and coding specialist, you’ll code procedures and diagnoses into patient charts and send data to insurance companies. Plus, you can get started in the field fairly quickly.

“But, how much does it pay?” This is a question we receive often. Hopefully, we can answer this question for you here.

Average Salary for Medical Billing & Coding Specialists

Salaries will differ depending on your local job market as well as your employer. Other factors include how much education or experience you have in the field. According to the Bureau of Labor Statistics, the average salary for individuals in these roles is approximately $45,240 per year.

The Bureau of Labor Statistics also states that individuals in these roles are in demand. This position is expected to grow by 9% between now and 2030, which is just as fast as other occupations. This is good news for those looking for a new opportunity in the field of medical billing and coding.

How to Become a Medical Billing & Coding Specialist

If becoming a medical billing and coding specialist is what you aspire to, there are a few steps you must take. First, you’ll need to attend an accredited Medical Billing & Coding program such as the one offered through Cambridge.

During this program, you’ll learn everything you need to know about coding and billing, including HIPAA requirements, medical record privacy laws, electronic claim processing, electronic health record abstraction and so much more.

After you complete your program, you’ll need to become certified. Cambridge currently prepares students to take and pass two certification exams, including the Certified Billing and Coding Specialist (CBCS), and Certified Professional Coder (CPC).

With a certification in hand, you’ll be ready for entry-level employment in the field. All students through Cambridge have access to our job placement services. We can help you find the perfect new job within a local healthcare organization.

Start Your New Medical Billing & Coding Career With Cambridge

Medical billing and coding is a critical part of patient care. And if it sounds like a great career path for you, Cambridge is here to help. Our Medical Billing & Coding program is the perfect first step. To learn more about the program or to apply today, give us a call at 877-206-4279 or send us a message.