Thursday, March 24, 2016

What City Pays Well For Medical Billers?

By Listel Kyley


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.

It seems as though your experience and the cost of living varies from state to state. You have to put the salary in with the cost of living. In some cities, you may think that earning $75,000 a year is a great income. However, if you're paying $1,200 to $1,700 a month for rent, then it's not that much money. If you are single and living alone, you are responsible for paying most of the payments on your own. Your entire check can be mostly for paying bills. If you have a spouse that is earning $75,000 per year, then this can be a good wage for you. It all comes down to the cost of living.

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.

Billers also enjoy working in states like California, Texas, Arizona and Chicago because of the higher income potential. You can earn a good salary when you put your mind to it. Living in these states often provides good career advancement and a healthy return on investment. Over time, you will be able to see that you have a lot more at stake. You can earn a good living if you want advancement. In time, you will come to see that money is not as hard to come by as you may think.




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