Here are 17 statistics on compensation for professionals in the medical coding industry, according to a 2012 AAPC survey.
Salary
Average: $47,870
Certified professional coder: $47,796
Certified professional coder – hospital outpatient: $56,466
Certified professional coder – payor: $55,255
Certified professional medical auditor: $59,365
Specialty credentials: $54,145
Salary by Region
Highest: Pacific, $54,980
Lowest: East South Central, $41,709
Salary by Education
Master’s: $79,405
Bachelor’s: $54,266
Associate’s: $44,941
No college: $41,066
Benefits
50 percent work an average of 31 to 40 hours per week 40 percent work more than 40 hours per week
Unemployment
CPCs with AHIMA credentials – unemployment is up from 1.62 percent in 2011 to 5.08 percent in 2012 CPCs with AAPC credentials – unemployment is up from 2.71 percent in 2011 to 3.1 percent in 2012 Coding apprentices – unemployment is down from 25.45 percent in 2011 to 23.41 percent in 2012
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Salary
Average: $47,870
Certified professional coder: $47,796
Certified professional coder – hospital outpatient: $56,466
Certified professional coder – payor: $55,255
Certified professional medical auditor: $59,365
Specialty credentials: $54,145
Salary by Region
Highest: Pacific, $54,980
Lowest: East South Central, $41,709
Salary by Education
Master’s: $79,405
Bachelor’s: $54,266
Associate’s: $44,941
No college: $41,066
Benefits
50 percent work an average of 31 to 40 hours per week 40 percent work more than 40 hours per week
Unemployment
CPCs with AHIMA credentials – unemployment is up from 1.62 percent in 2011 to 5.08 percent in 2012 CPCs with AAPC credentials – unemployment is up from 2.71 percent in 2011 to 3.1 percent in 2012 Coding apprentices – unemployment is down from 25.45 percent in 2011 to 23.41 percent in 2012
More Articles on Coding, Billing and Collections:
Learn How ICD-10 May Impact Your Bottom Line
University of Toledo Billing Practices From 2009 Came Under Review
7 Tips for a Less Stressful ICD-10 Transition