One of the biggest perks to entering the medical coding and billing field is the possibility of telecommuting from the comfort of home. Billers and coders are able to access medical records via secure Internet connections to work from virtually anywhere. Finding remote positions can be ideal for maximizing family time while lowering commuting costs and stress. Whether the job is part-time, full-time, or per diem, medical coding and billing specialists can make good money from a home office. According to PayScale, the average annual salary is $35,374. Many companies are expanding their workforce with certified coders and billers, but remain cautious of scams out there. Consider the following 10 Best Places to Find Work From Home Medical Coding and Bill Jobs from reputable companies who often list work from home medical coding and billing jobs.
1. Maxim Health Information Services
Located in Gardena, California, Maxim Health Information Services belongs to one of the largest medical staffing companies in the United States. Since 2001, MHIS has worked with the country’s healthcare facilities to improve electronic patient records with outsourcing solutions. The Better Business Bureau has given Maxim HealthCare Services an A+ rating. Short-term and long-term remote medical coding jobs are available with ICD-10 training. Employees at Maxim Health Information Services receive competitive pay and full benefits, including dental and 401(k). There’s even room for advancement into medical coding supervisor positions.
Ranked on the Fortune 500 list, Humana is a giant health insurance corporation headquartered in Louisville, Kentucky, with over 13.8 million medical members. It’s estimated that at least 10 percent of Humana’s 49,000 associates telecommute from home. According to Computerworld, Humana is among the “100 Best Places to Work” in America. The company also scored a perfect 100 on the Human Rights Campaign’s Corporate Equality Index. Remote medical coding and billing jobs are frequently posted for candidates with CPC or CCS-P credentials. Humana also hires virtual coding educators who have five or more years of experience.
Aviacode is a popular medical coding and billing contracting firm in Salt Lake City that employs around 850 certified medical coders remotely nationwide. Founded in 1999, Aviacode has been named among Utah’s 50 fastest-growing companies. The company serves approximately 8,800 physicians across 61 medical specialties. Aviacode boasts that they’ve generated over $50 million in medical coding revenue. Work from home positions hire 1099 independent contractors for 15 to 40+ hours per week. For hire, Aviacode requires candidates to pass the ICD-10 Proficiency Assessment through the AAPC.
Partnered with nearly 4,000 healthcare facilities, Precyse Solutions is a leading clinical data management company based in Roswell, Georgia, since 1998. Some notable clients include Fairmont General Hospital and UMass Memorial Medical Center. Precyse Solutions has been awarded the HIMSS Gold Corporate Member Award. Precyse’s Coding Team consists of approximately 375 certified medical coders living in 41 states. For positions, applicants must have AHIMA credentials and two years of work experience. Each hired coder will receive full orientation and free online training from Precyse University to learn the integrated PrecyseCode platform.
For the past 30 years, Medical Record Associates LLC has grown into one of America’s largest health information services organizations. Based in Quincy, Massachusetts, MRA contracts with around 500 employees nationwide to provide full-suite HIM solutions. Flexible, remote jobs are available for medical coding and cancer registry. MRA serves hospitals, clinics, physician offices, and other healthcare providers who outsource their HIM department. Medical Record Associates offers work from home employees well-rounded benefits, including paid holidays. To apply, candidates must have RHIT or CPC credentials with a 95 percent accuracy rate.
Altegra Health is a privately held, national company that provides end-to-end reimbursement solutions. Based in Weston, Florida, Altegra Health has over 25 years of experience partnering with diverse healthcare providers in all 50 states and Puerto Rico. Affiliated with the AHIMA, this reputable company has over 5,000 employees both on-site and from home. There are current hiring opportunities for remote certified coders who have at least one years’ experience applying ICD-9-CM codes. Altegra Health pays remote coding professionals by the chart and follows strict QA standards. Specialties are offered, such as oncology and behavioral health.
Based in Frisco, Texas, Conifer Health Solutions is a successful health information services firm with over 30 years of experience and 800+ medical clients. Conifer’s 14,500 team members aim to provide value-based solutions that drive clinical and financial performance. It’s estimated that their services process over $29 billion net revenue annually. Conifer Health Solutions debuted at #66 on Forbes’ list of “America’s Best Employers” in 2016. Coders are currently being hired for work from home opportunities with competitive $3,000 sign-on bonuses. Jobs for billing specialists and cancer registry consultants with at least two years of experience are also open.
Established in 1981, LexiCode is a high-quality coding and billing consulting service that’s a subsidiary of SourceHOV. From its headquarters in Columbia, South Carolina, LexiCode employs around 300 HIM professionals with benefits packages. In 2014, the company was declared a “Best in Category Leader” by KLAS Enterprises LLC. LexiCode has previously advertised $10,000 sign-on bonuses for inpatient and outpatient surgery coders. Full-time and part-time remote jobs are frequently available, but applicants must hold RHIT or CPC certification. Holding a two-year associate degree will fulfill the experience requirements. LexiCode declares a special mission to employ military veterans too.
Anthelio Healthcare Solutions is a large healthcare technology company in Dallas, Texas, that provides revenue cycle management services for over 63,000 physicians. Anthelio supports annual revenue above $67 billion for over 60 million patients. The business’s 16-year dedication to excellence lead to being ranked #1 for HIM outsourcing solutions by Black Book. Anthelio Healthcare Solutions’ cutting-edge technology was also featured on FOX Business. Medical coders and billers can find remote HIM processing jobs. Anthelio generally only requires three months of relevant experience, but active CTR or CPC credential is necessary.
The Coding Network only hires remote, independent contractors to provide HIPAA-approved coding solutions across 55 physician specialties. Since its founding in 1995 by Mark Babst and Neal Green, TCN has grow to over 650 coders working across the United States. Based in Beverly Hills, California, The Coding Network is affiliated with the Healthcare Billing & Management Association (HBMA). More than 500,000 charts are coded by TCN staff each month! To apply for telecommuting work, candidates must be AAPC or AHIMA certified with 3+ years of experience. Passing a specialty coding proficiency exam is part of the hiring process.
Medical coding and billing jobs are increasingly popular for individuals seeking entry into an in-demand healthcare industry. Medical coders use ICD or CPT codes to translate patients’ diagnoses, tests, and treatments into numerical digits for reimbursement processing. Medical billers review this information to file insurance claims and collect payments from the carrier. Both jobs are essential for keeping healthcare organizations profitably paid for their medical services rendered. But are medical coding and billing specialists paid handsomely too?
Medical Coding and Billing Salaries
On average, medical coding and billing jobs bestow an annual salary of $40,430. This is equivalent to a mean hourly wage of $19.44. Different job titles in this diverse field provide varying income levels though. According to Salary.com, the average base salary for medical billing clerks in the United States is $34,121. Medical coders reap mean annual salaries of $38,463. .Medical records coding technicians can expect an average salary of $48,909. The salary range for medical coding and billing goes from $24,190 to $61,400 and up. Let’s explore how important factors like work setting, state, and education can affect salary.
Median Salaries Based on Workplace
Collecting a healthy salary in medical coding and billing can depend on which healthcare organizations you apply to. The AAPC shows that workplace size plays a pivotal role in determining the dollar signs on your paycheck. Coders and billers employed at mid-sized practices with 11 to 49 physicians earn the lowest at $44,870 on average. Solo and small group practices with under 10 doctors give average yearly salaries at $45,722. Larger hospitals provide sizeable average income jumps to $47,773 (outpatient) and $50,925 (inpatient). Multi-site health networks gift the biggest average earnings at $51,389 per year.
Medical coding and billing positions can see pay increases or decreases based on type of healthcare facility also. The Bureau of Labor Statistics reports that ambulance services offer an average annual wage at $28,930. Skilled nursing facilities have below-average income potential at $37,550. However, medical coders and billers in specialty hospitals reap a mean salary of $43,060. Jobs with the federal executive branch grant $47,520 on average. Medical coding and billing specialists working for dentist offices bring home a mean yearly salary of $41,430. T hose who teach college students in academia have a high mean wage at $45,210.
Salary Potential by Location
How much you’ll make as a medical coder or biller will vary greatly based on where you live and practice. Salary averages by location show that the top-paying place in the United States for medical coding and billing is the District of Columbia. Jobs here earn an annual mean wage of $69,290! Following behind Washington, DC, are New Jersey, Alaska, and California where the average salary for medical coders and billers is $60,310, $52,040, and $48,590 respectively. States in the South typically have the lowest income level. For instance, medical coding and billing professionals in Louisiana make just $32,390 on average.
Medical coders and billers can find increased earning potential in certain cities too. In 2015, the top-paying metropolitan area was Newark, New Jersey, with an annual mean salary of $66,710. A close second went to San Jose-Santa Clara where coding and billing specialists earned an average income of $62,270. Other high-paying metros were Oakland, San Francisco, and Silver Spring at $58,830, $55,480, and $54,740 respectively. On the other end of the spectrum, some metropolitan areas have little room for salary growth. For example, medical coding and billing jobs in Davenport, Iowa, deliver an mean wage of $29,380.
Salary Increases with Education/Experience
Paying college tuition for a degree or certificate in medical coding and billing will prove fruitful. Employees with no college education typically start in the bottom 10th percentile with income under $29,130. The AAPC proves that studying pays off because coders and billers with an associate degree earned an average of $46,815. Technicians who had a four-year bachelor’s on their resume unlocked a mean salary of $54,552. Having higher education will also prepare you for assuming more advanced titles. For instance, those who assume leadership responsibility as medical billing managers earn $84,096 on average!
Coders and billers with past years of experience in the fast-paced healthcare arena are rewarded with higher salaries. Starting salary for trained medical coding and billing specialists with zero to one year of experience is around $32,000. After you get five to nine years under your belt, salary hikes to over $42,500 on average. Professionals with more than 15 years of coding and billing experience make a mean of $56,667 annually. From there, salary usually increases by 5 percent for every five years of additional experience.
AAPC Certification for Salary Growth
Medical coding and billing workers who take the extra effort to earn certification from the American Association of Professional Coders are rewarded with above-average salaries. The AAPC 2015 Salary Survey found that that certified members averaged a 2.6 percent pay increase. Certified Professional Coders (CPCs) obtain a mean wage of $51,454 each year. Certified Outpatient Coding (COC) specialists make a mean yearly salary of $58,822. The highest income average belongs to Certified Physician Practice Managers (CPPM) who bring home $64,666 per year. Having two AAPC credentials sparks a median salary of $58,399.
Investing your time into building a medical coding and billing career can pay off in spades in today’s market. It’s predicted that the healthcare sector will require more coders and billing specialists to organize a surplus of patient data. Increased medical demand will ignite faster-than-average job growth by 15 percent for over 29,000 new jobs through 2024. The AAPC also reports that unemployment rates have decreased by 0.5 percent for certified members in the last 12 months. Now that you’re more aware of salary comparisons in medical coding and billing, you can maximize your earnings in this rewarding healthcare profession.