Coders Cash In With Credentials
The results of a 2007 Salary Survey reveal that certified coders earn an average of 17 percent more than their non-certified counterparts.
The 5,155 coding professionals who responded to an AAPC survey offered insight that might surprise some coders, and gave concrete proof that certified coders are in high demand.
In fact, 42 percent of survey respondents said that certification was required for employment at their current positions. Further proving the importance of certification, a recent search of monster.com revealed 310 available medical coding positions, 128 of which required certification. That means that 41 percent of coding positions were closed to non-certified coders.
Coders who hold specialty credentials (such as CPC-E/M) brought in even more money. Eight percent of coders with specialty credentials earned over $85,000, whereas only 2 percent of coders with core certifications earned that much. Just 1 percent of non-certified coders took home over $85,000.
Education, Title Translate Into Bucks
Administrators and consultants brought in the most money this year, both averaging over $85,000 annually. Insurance managers and consultants saw the biggest income growth over the past year. According to our 2006 survey, insurance managers earned about $40,000, but this year they brought in $60,000-$65,000. Last year, coding consultants averaged $58,000, but in 2007 they earned over $85,000.
And if you’re considering a return to school, the evidence shows that you’ll be making a smart money move. Our survey reveals that salaries are strongly driven by education. While coders with some college earned $30,000-$35,000, those who graduated from college brought in $40,000-$45,000. In addition, coding professionals who earned master’s degrees collected over $85,000. This is a big leap from last year, when the survey revealed that those with master’s degrees brought in $55,000.
Experience, Location Pay
Most coding professionals don’t need an incentive to stay in the coding field — the job has infinite rewards on its own. But to put the icing on the cake, the AAPC Salary Survey proves that experience pays. Coders who have been on the job for just one year earned $25,000-$30,000, but those who have worked in the field for 18 years or more averaged $45,000-$50,000 annually.
And your location might also drive your salary. Coding professionals in Washington, DC, New Jersey, Rhode Island and Nevada brought in the most income last year, and those in urban settings earned more than those in suburban or rural locations.
Non-certified coders earn (on average) $25K-$30K Certified coders earn $30K-$35K Specialty certified coders earn $35K-$40K
Triton College offers seven online medical coding courses so that you can more conveniently acquire the insurance coding education needed for certification. You can take just one or all seven courses. Completion of all seven courses prepares you to take the American Association of Professional Coders examination.
It's easy to take online courses. You can register, order instructional CD-ROMs, and access your class from your computer. To do so you will need the following equipment and software.
The cost of instructional materials is not included in the course fee. You must register, pay for your class and purchase instructional material before your course begins. After you complete registration, the instructor will e-mail course information to you. Registration fee and technology fee is not included.Online Medical Coding and Billing classes:Medical TerminologyThis course serves as a foundation for all other medical training courses. Over 1000 words and terms are defined in 33 chapters outlined by body systems. Words are pronounced through your computer speaker. The CD ROM contains a comprehensive audio medical dictionary. Students must have access to a computer and an e-mail account.ONL E60 070Internet course June 11-August 3, 2012 $111Medical BillingThis course prepares students for entry-level jobs using the accounting skills necessary in a doctor’s office or other medical facility. This course includes Front Office Management, Filing Part B HCFA 1500, Filing Part A HCFA 1450, All About Medicare and Medical Billing Problems. In addition, the students will learn about patient record keeping using Medisoft, Medicare as a Secondary Payer, Medicare and Home Health. This course will assist students in gaining a certificate as a medical coder.ONL E62 070Internet course June 11-August 3, 2012 $111
- A PC computer with a CD-ROM drive. THIS COURSE IS NOT AVAILABLE FOR MAC COMPUTERS.
- Internet access
- mail account - you must have this prior to registration
- Web Browser - Netscape or Microsoft Explorer
- No special software is needed.
Advanced Coding ICD 9This course compiles and summarizes the official coding guidelines concerning the most common yet complex diagnosis coding issues. Major body system chapters, as found in the ICD-9-CM manual, organize the course. Each chapter is organized by issues, coding clarification, physician documentation issues and coding scenarios.ONL E63 070Internet course June 11-August 3, 2012 $111Advanced Coding CPTThis 39 hour eleven week instructor led course provides advanced coding problems with their solutions. The main emphasis is on Evaluation and Management and Surgery codes. A five step outline is used to help you code the exercises/scenarios in the problems. . The Certification Exam Review non-credit module is designed to prepare students to take the (1) Certified Professional Coder Examination (Hospital) administered by the American Academy of Professional Coders, (2) the Certified Coding Associate exam administered by the American Health Information Management Association and (3) the Certified Medical Reimbursement Specialist exam administered by the American Medical Billing Association. SpeedECoder is required with this course. Detailed medical history reports, including postoperative reports are provided from which CPT codes are determined. Students must have access to a computer and an e-mail account.ONL E64 070Internet course June 11-August 3, 2012 $111Medical CodingThis course prepares students for entry-level jobs in insurance coding in a doctor’s office or other medical facility. This course includes ICD-9 CM Coding, CPT Coding, Medicare Fraud and Abuse, and Evaluation and Management. Students must have access to a computer and an e-mail account.ONL E65 070Internet course June 11-August 3, 2012 $111AAPC Certification ReviewThis online course is designed to prepare students to take the Certified Professional Examination administered by the American Academy of Professional Coders. Topics for review include: medical terminology, human anatomy, CPT coding guidelines, ICD-9-CM (Vol. 1 & 2) diagnostic coding, HCPCS Level 2, E/M coding, anesthesia coding, surgical coding and use of modifiers. Students must have access to a computer and an e-mail account.ONL E66 070Internet course June 11-August 3, 2012 $111To speak with a program advisor, please call (708) 456-0300, Ext. 3500 or e-mail askCE@triton.edu.
Students must have access to a computer and an e-mail account.
To register for these classes please click HERE.