Medical billing job salary

I have listed the common jobs in Medical billing and their average salary.

Its basically in India and particularly  in Chennai.

1. Fresher - Charge Entry or Insurance verification.
Salary - 7k - 10k

2. 1 - 2 Year Experiance - Payment posting or Denial calling.
Salary - 10- 15k

3. 2 - 5 Year Experiance - AR executive or Team leader or AR  caller.


Salary - 15k - 25k

4. More than 5 Year Experience - Account Manager or Opeartation Manager.

Hereafter salary and Experience only based on the Knowledge of individual. Its very hard to Move from one company to another company in this stage since all the companies prefer to existing employee for this stage.

How much do medical coders make?

Working in the medical industry lets one enjoy a stable career. Coupled with good pay, work satisfaction and plenty of room for career advancement, more and more students are opting to study medicine after high school. But with the vastness of the medical world, where does one begin to choose a career path?

If you like being “medically hands-on” and enjoy a lot of patient interaction, then you might want to pursue the general physician or nursing path. Otherwise, if numbers, figures and data is more your thing, then you might consider a career as a medical coder, otherwise known as a billing and coding specialist.

How much do medical coders stand to earn?

Admittedly, the medical coder profession has not been very popular in the past decade, but with medical and pharmaceutical advancements, demand for positions to be filled is expected to grow. Here are other reasons why you should consider being a medical coder, unusual as it is compared to nurses, psychiatrists and other similar occupations.

Fresh coding and billing specialists can bring home $30,000 to $38,000 a year while certified medical coders can expect to net in $57,000 a year depending on experience, employers and environment.

On average, it is not uncommon to see medical coders being paid $23 per hour, and those who have taken the initiative to gather appropriate certification will see their pay per hour bumped up substantially.

Going into specialized fields like neuropsychiatry, pediatrics and rheumatology will give you around $62,000 and $65,000 in salary per annum.

On top of the existing salary, full time medical coders will also enjoy other benefits such as health insurance and modest retirement perks while part time coding experts get paid up to $35 per hour if overtime is taken into consideration.
Opportunities for medical coders

While most fresh medical coders are employed full time in the usual 9-to-5 schedule, more experienced coding specialists who have proven their worth and talent may choose to work from home. This is the flexibility that most medical coders can look forward to as part of a better career advancement where the freedom to choose one’s working hours and setting can lead to a more fulfilling working and family life.

Medical coders are also free to pursue their own freelancing projects when they can customize their working hours and environment, where even more clients and tasks will lead to a better income. Additionally, those who desire advancements in the corporate ladder will be glad to know that more and more executive-level positions to spearhead coding departments and operations.

5 comments:

rajans said...

jsr solution the software developing company is going to organize an entrance test for free software training. the test is held on 14 November 2009 at quest institute of Chandigarh mohali (landra) . this test is absolutely free. and the students who will pass out this examination will get free software training.after the training our company will also assure to give placement on an nice salery package. for the registrations please visit following link:-
free software training

rajans said...

jsr solution the software developing company is going to organize an entrance test for free software training. the test is held on 14 November 2009 at quest institute of Chandigarh mohali (landra) . this test is absolutely free. and the students who will pass out this examination will get free software training.after the training our company will also assure to give placement on an nice salery package. for the registrations please visit following link:-
free bca training

rajans said...
This comment has been removed by the author.
rajans said...

jsr solution the software developing company is going to organize an entrance test for free software training. the test is held on 14 November 2009 at quest institute of Chandigarh mohali (landra) . this test is absolutely free. and the students who will pass out this examination will get free software training.after the training our company will also assure to give placement on an nice salery package. for the registrations please visit following link:-
free mca trainining

Anonymous said...

Can anyone recommend the robust Patch Management system for a small IT service company like mine? Does anyone use Kaseya.com or GFI.com? How do they compare to these guys I found recently: [url=http://www.n-able.com] N-able N-central msp software
[/url] ? What is your best take in cost vs performance among those three? I need a good advice please... Thanks in advance!

Medical Billing Popular Articles