What is the career outlook for medical coders? What is the average pay for medical billing and coding specialist?
The BLS projects that the next decade is expected to bring the largest employment growth to the medical industry, more than any other industry in the U.S. Every medical diagnosis and procedure requires a code for a heath care provider to be paid by an insurance company. Due to the increasing amount of claims, experienced medical coders will be in demand to streamline the claims process. According to the BLS, the median annual wage for medical records and health information technicians was $30,610 in May 2008, with the highest 10 p ercent earning over $50,060.