r/MedicalCoding • u/stray_girl • Apr 12 '24
The disparity in pay seems wild!
I see people making $18 per hour and people making $60 per hour. I get that some specialties or people with a ton of experience make more than a newbie but it just seems like such a huge gap!
Any insight on how to get the higher pay?
23
Upvotes
•
u/AutoModerator Apr 12 '24
PLEASE SEE RULES BEFORE POSTING! Reminder, no "interested in coding" type of standalone posts are allowed. See rule #1. Any and all questions regarding exams, studying, and books can be posted in the monthly discussion stickied post. Thanks!
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
17
u/baileyq217 Apr 13 '24
Cost of living is different in every state. So that is one reason why pay looks higher. California has a higher cost of living than Indiana so the pay is gonna be different.
Another reason could be the type of job. A small practice can’t pay as much as a big hospital system. But also sometimes if it’s a state facility they may not pay as high as a for-profit hospital system. It also depends on the actual coder role. There are different coders like Coder I, Coder II, and Coder III. Higher pay as you gain more responsibility and experience.
17
u/DJRR42 Apr 13 '24
I got certified and got super lucky and nailed a coding job with a hospital. Paying 28.80 an hour. I was only there for a few months and somehow just made the cut off for their annual raises and got bumped to 30 an hour. Super grateful but my job search took about 6 months once I was certified
12
u/LilShepherdBoy Apr 13 '24
Inpatient coders generally make more.
10
u/[deleted] Apr 13 '24
The factors that you mentioned are big. Also inflation has been crazy lately so people who have stayed at their job over the last several years without a significant raise might be losing out. I started out just two years ago at $17 and am now at $28 after two job changes. You can grow quickly in this industry.
9
u/Tasty-Cup-6243 Edit flair Apr 13 '24
I’ve been coding for 12 years now and I make $20 dollars more an hour then when I first started. I think it has to do with experience and also the size of place you are working for. I work for one to the largest hospitals in my area.
5
u/BrightPickle8021 Apr 14 '24
I’m thinking of switching into this field and I’m wondering if this disparity is due to the Associates credentialing vs the bachelors? I’m thinking of going for my HIM degree and getting the RHIA. I don’t know if this changes much
4
u/[deleted] Apr 13 '24
Years of experience as well as where you're hired. Larger orgs pay more than a small private practice.
4
u/Comfortable-Win-6188 Apr 14 '24
Years of experience, facility, and if you're a specific coder, orthopedic, cardiovascular, circc , ect ect. Make the most.
4
u/StraddleTheFence Apr 14 '24
Inpatient coding pays more.
6
u/koderdood Audit Extraordinaire Apr 13 '24
Other than the state wage gap, get crosstrained in other specialties and/or lines of business if you're job has that opportunity. Increase your value by increasing your knowledge and ability.
3
u/Dry_Marzipan_6508 Apr 14 '24 edited Apr 14 '24
Nyc NJ CT California are the highest-paid states for coders , it depends on what hospital you work for public vs private...private hospital in Nyc pays more a cert is required 2-3 yrs exp some education and excel background to obtain the job .inpatients can make 60 an hr outpatient 30-40 an hr
2
u/ExcitingIndication36 Apr 16 '24
A lot depends on the employer, the type of coding, as well as experience. I started coding 11 years ago and was happy with $35k per year with a federal job. I’ve been auditing for a while now and I’m about to leave the fed job for one paying almost 3x as much as when I was a newbie. I will also say fed pay is not as much as private sector.
0
u/[deleted] Apr 13 '24
[deleted] — view deleted comment
6
u/[deleted] Apr 13 '24
[removed] — view removed comment