Medical billing is being talked about as one of the fastest growing careers. You can expect the job market to be health for the next 10 years or so. There is currently a 17% shortage of qualified medical coders in the USA today. It is important to get your ICD-10 certification if our want to make good money in coding today. Many billers are earning well over $100,000 per year in states like New York and New Jersey. It is important to learn from your past mistakes and prepare for a more lucrative career in 2016.
New Jersey is one of the best states to work in because of the beautiful landscape and friendly attitudes of its residents. Many people live in New Jersey to escape the business of Manhattan. Many counties like Bergen see a host of wealthy people with great medical insurance. Most people in Bergen County have high paying jobs and upscale homes. If you enjoy working in a fast growing city, then you may try living in cities throughout New Jersey. Many medical billers are getting paid over $70,000 a year.
It seems as though your experience and the cost of living varies from state to state. You have to put the salary in with the cost of living. In some cities, you may think that earning $75,000 a year is a great income. However, if you're paying $1,200 to $1,700 a month for rent, then it's not that much money. If you are single and living alone, you are responsible for paying most of the payments on your own. Your entire check can be mostly for paying bills. If you have a spouse that is earning $75,000 per year, then this can be a good wage for you. It all comes down to the cost of living.
Learning more about medical billing takes time. The more you know, the more that you will get paid. Regardless of the state that you reside, billers are seeing that their salary depends on how many claims they can get approved. If you can show your employer that you can get them paid on around 95% of their claims, then you will get a larger salary. Most medical biller's today report that only 70% of their claims are getting paid on. Many physicians are now outsourcing their work to professional medical billing companies for that reason.
Billers also enjoy working in states like California, Texas, Arizona and Chicago because of the higher income potential. You can earn a good salary when you put your mind to it. Living in these states often provides good career advancement and a healthy return on investment. Over time, you will be able to see that you have a lot more at stake. You can earn a good living if you want advancement. In time, you will come to see that money is not as hard to come by as you may think.
New Jersey is one of the best states to work in because of the beautiful landscape and friendly attitudes of its residents. Many people live in New Jersey to escape the business of Manhattan. Many counties like Bergen see a host of wealthy people with great medical insurance. Most people in Bergen County have high paying jobs and upscale homes. If you enjoy working in a fast growing city, then you may try living in cities throughout New Jersey. Many medical billers are getting paid over $70,000 a year.
It seems as though your experience and the cost of living varies from state to state. You have to put the salary in with the cost of living. In some cities, you may think that earning $75,000 a year is a great income. However, if you're paying $1,200 to $1,700 a month for rent, then it's not that much money. If you are single and living alone, you are responsible for paying most of the payments on your own. Your entire check can be mostly for paying bills. If you have a spouse that is earning $75,000 per year, then this can be a good wage for you. It all comes down to the cost of living.
Learning more about medical billing takes time. The more you know, the more that you will get paid. Regardless of the state that you reside, billers are seeing that their salary depends on how many claims they can get approved. If you can show your employer that you can get them paid on around 95% of their claims, then you will get a larger salary. Most medical biller's today report that only 70% of their claims are getting paid on. Many physicians are now outsourcing their work to professional medical billing companies for that reason.
Billers also enjoy working in states like California, Texas, Arizona and Chicago because of the higher income potential. You can earn a good salary when you put your mind to it. Living in these states often provides good career advancement and a healthy return on investment. Over time, you will be able to see that you have a lot more at stake. You can earn a good living if you want advancement. In time, you will come to see that money is not as hard to come by as you may think.
About the Author:
Our business does medical billing and billing for physicians and healthcare providers. We offer services to help healthcare providers to awesome their ICD-10 billing. Our staff has years of billing expertise to help get you awesome returns on your claims.
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