Medical coders are high-demand positions and the more credentials coders have, the higher average salary they make, according to an AAPC report.
The unemployment rate among Certified Professional Coders is 1.7 percent, compared with national unemployment rates of around 7.4 percent. While the overall salary slightly decreased this past year — it's at $46,847 this year compared to $47,870 last year — the average salary for CPCs with more than two years of experience jumped to $48,925.
The report shows the most substantial salary increase takes place within the first 20 years of experience and credentials make a difference:
• Certified Professional Coder: $48,593
• Certified Professional Coder—Hospital Outpatient: $56,284
• Certified Professional Coder—Payer: $57,995
• Certified Professional Practice Manager: $59,619
• Certified Professional Medical Auditor: $61,115
• Certified Professional Biller: $61,667
• Certified Professional Compliance Officer: $69,138
More Articles on Billing and Coding:
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