Coding Specialist Salary
Women make up the vast majority of Coding Specialists in the United States. The average pay in this industry is approximately $18.06 per hour. Geography is the biggest factor affecting pay for this group, followed by tenure. The majority of Coding Specialists claim high levels of job satisfaction. A strong majority report receiving medical coverage from their employers and a fair number collect dental insurance. The data for this snapshot was collected from individuals who took PayScale's salary survey.
Job Description for Coding Specialist
The coding specialist prepares patients' information so that their medical facility may properly receive payment from medical insurance companies and government-run healthcare programs. This specialist works in a medical environment such as a family practice, assisted living facility, or hospital. Using special medical classification tools, the coding specialist assigns the proper diagnostic and procedural codes to insurance claims, making them ready for filing. Additionally, they review claims to make sure that all of the coding is correct and that all required signatures are affixed. If problems or inconsistencies arise after the fact, the coding specialist works to resolve them by researching records and contacting insurers and program operators.Read More...
The most common path to becoming a coding specialist is to acquire an associate's degree in a field such as health information technology or medical coding. Additionally, prospective applicants can obtain the certified professional coder (CPC) certification, which is offered by the American Academy of Professional Coders (AAPC). This certification is required by many employers and is essential in job advancement.
Coding specialists should have strong analytical skills, precision, and attention to detail. Coding specialists often work at in an office setting and communicate with many different internal and external individuals over the phone, via email, and/or in person.
Coding Specialist Tasks
- 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.
- Enter data, such as history and extent of disease, diagnostic procedures and treatment into computer database.
- Compile, abstract and maintain patient medical records to document condition and treatment.
- Review records for completeness, accuracy and compliance with regulations.
Common Career Paths for Coding Specialist
As Coding Specialists transition into upper-level roles like Certified Professional Coders, it's possible that they won't see a change in salary. Certified Professional Coders earn the same amount as Coding Specialists on average. A lot of Coding Specialists advance their careers by becoming Medical Coders and Medical Records Coders. However, those positions offer $4K less and $6K less per year on average.
Medical Coding Specialist Job Listings
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Popular Skills for Coding Specialist
Survey results imply that Coding Specialists put a diverse skill set to use. Most notably, skills in International Statistical Classifications of Diseases - 9 Coding, Medical Terminology, International Statistical Classifications of Diseases - 10 Coding, and Medical Coding are correlated to pay that is above average, with boosts between 4 percent and 15 percent. Skills that pay less than market rate include Electronic Medical Records. Those with knowledge of International Statistical Classifications of Diseases - 10 Coding tend to be skilled in Medical Coding as well.
Pay by Experience Level for Coding Specialist
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For Coding Specialists, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. Workers with less than five years' experience earn around $37K on average, and those who have five to 10 years under their belts see a higher median salary of $41K. People with 10 to 20 years of experience make an average of about $42K in this role. Veterans who have worked for more than two decades do tend to make the most in the end; the median pay for this group is $49K.
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Key Stats for Coding Specialist
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