Certified Medical Coder (CMC) Salary
Job Description for Certified Medical Coder (CMC)
Most of the transactions and payments processed by a hospital or clinic do not involve direct payments from patients. Rather, these institutions rely on payments from private and public insurance companies. The key to making these transactions run smoothly is having procedures, referrals, and lab work properly coded and classified so that insurers pay promptly. While an individual doctor’s office in a smaller practice may delegate this responsibility to an office manager, larger clinics or hospitals often hire certified medical coders (CMCs) to perform this work.Read More...
The CMC (in certain jurisdictions, the title may be certified professional coder, CPC, or certified coding specialist, CCS) works in data entry to classify and code the various examinations, lab work, surgeries, and other procedures performed by their institution. Every healthcare service performed and product dispensed carries an accompanying code that must be accurately entered into a billing system. The CMC then works to ensure that invoicing is properly handled so the insurer receives a properly coded and itemized bill and so the patient is kept abreast of billing, necessary co-pays, and needed deductibles.
To work as a CMC, an associate’s degree or other education from a vocational school is generally needed. Then, the individual must pass any required certification testing. A new CMC may work either at a smaller clinic or in a lower position in data entry at a hospital to earn the requisite practical experience to be considered for more lucrative jobs in this field. CMCs typically work at a computer in an office environment during regular business hours.
Certified Medical Coder (CMC) Tasks
- Compile, abstract and maintain patient medical records to document condition and treatment.
- Review records for completeness, accuracy and compliance with regulations.
- Release information to persons and agencies according to regulations.
- Protect the security of medical records to ensure that confidentiality is maintained.
- Identify, compile and code patient data, using ICD-9-CM and CPT and other standard classification coding systems.
Medical Coding Specialist Job Listings
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Popular Skills for Certified Medical Coder (CMC)
Survey results suggest that Certified Medical Coders use a fairly large toolkit of professional skills. Most notably, facility with International Statistical Classifications of Diseases - 9 Coding and International Statistical Classifications of Diseases - 10 (ICD - 10) Coding are correlated to pay that is significantly above average, leading to increases of 42 percent and 12 percent, respectively. Skills that pay less than market rate include Electronic Medical Records and Billing. For most people, competency in Medicaid & Medicare Billing indicates knowledge of Billing.
Pay by Experience Level for Certified Medical Coder (CMC)
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Those in the early stages of their career can expect to make around $35K; however, individuals with five to 10 years of experience bring in $39K on average — a distinctly larger sum. The average pay reported by folks with 10 to 20 years of experience is around $41K. Individuals who have achieved more than 20 years of experience don't seem to earn any more than people who have 10 to 20 years under their belts.