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A Medical Billing and Coding Salary Comparison

Many individuals just beginning to consider an administrative career inside medical industry are attracted by the fact that medical billing and coding is just about the fastest growing sectors over the past decade. But when their research gets under way, it soon becomes obvious that seeking to earn a medical billing and coding salary just isn't as straightforward since it seems.

The truth is, medical billing and coding, although closely linked, are in reality entirely separate disciplines. And when this fact becomes apparent, the inevitable question arises as to if a medical billing salary is with a par which has a medical coding salary, or whether one pays much better than the opposite.

Comparison of a Medical Billing and Coding Salary

Firstly, we have to be clear to what would be the differences involving the two areas. In fact, if you're more at ease coping with numbers than people, you need to you need to seek to qualify as a medical coder.

Whereas, if you rather pull your fingernails out than spend your working life manipulating numerical data, you would then become more confident with the duties of a medical biller.

Duties and Responsibilities

A medical billing and coding salary is much more like as being a practice manager than a practice accountant. Whilst the task of compiling and submitting the required invoices to medical insurance companies or direct to patients, your career consists of patient liaison to a degree.

From making appointments, greeting patients as well as their families to working with doctors, physicians and healthcare specialists, the job of any medical biller takes a far higher degree of people skills than the medical coder does.

Certainly, a functional understanding of medical codes is essential for compiling patient records and accounts, but a professional medical coder are going to be a great deal more focused on data and numerical work compared with coping with doctors and patients.

So what exactly is the implication to get a difference in a very medical billing and coding salary?

Initially, new employees within their first job after gaining their qualifications, be that in billing or coding, can expect to earn roughly a similar amount. An hourly rate which is between $10 - $14 is usual which is only based whether or not the position has been a considerable or small organization and whether that organization can be found in a major city or rural town.

Once some experience is gained, the 2 disciplines set out to distance themself from the other person slightly. Certified medical coders with commensurate experience enjoy as pleasing salary levels than their unregistered and inexperienced counterparts. A normal medical coder could reasonably desire to earn which range from $35000 - $45000 per annum.

A similarly qualified and experienced medical biller could find that the earning capacity is slightly lower about $32000 - $43000 pa. However, individuals with specialization and experience encompass both areas would be better placed to attain a salary a higher level up to $50000 pa as well as higher. The inevitable conclusion being drawn is always that is basically that you desire to earn an excellent medical billing and coding salary, then your best plan of action is always to get both disciplines.

So prior to final decision whether to pursue a profession being a medical biller or coder, you'll want to consider whether you will end up more at ease coping with people, number or both!