The average salary for medical billing/coding specialists as of May 2012 was $34,160, according to MedicalBillingAndCoding.org. Advanced certifications such as Certified Professional Coder (CPC) frequently result in higher compensation.
Years of experience, level of responsibility and type of employer impact the salary of billing and coding specialists. Areas of the country with a high cost of living commonly earn higher wages. The U.S. Bureau of Labor Statistics (BLS) reports expectations of significant growth in employment needs for these professionals between 2012 and 2022. The rapidly U.S. aging population will drive this trend as healthcare services required for older Americans increase.