Medical Billing and Coding Salary in New Jersey
- 1,580 Number of Medical Billing and Coding Employees in New Jersey
- $51,850 Average Medical Billing and Coding Salary in New Jersey
- $73,100 90th Percentile Salary
- $32,580 10th Percentile Salary
- Salary Averages Middle Atlantic Region
Despite a struggling economy, New Jersey’s medical billing and coding industry appears to be improving. The U.S. Bureau of Labor Statistics (BLS) reported that the sector in which this industry falls, i.e., the Education & Health Services sector, saw increases in employment from 625,200 in January of 2012 to 633,200 in June of 2012. The USCB reported recently that 13.5% of New Jersey’s population is 65 and older, a rate which is slightly higher than the national average. Considering that the BLS projected demand for billers and coders to increase by 21% between 2010 and 2020 thanks to the needs of the nation’s aging population, New Jersey should surely witness an increase in demand from its population in the future.
Currently New Jersey’s medical billing and coding industry is struggling with an important issue — the debate over whether adult adopted children should have full access to their medical records. Medical billers and coders often deal with medical records containing information on patients’ parents, as this information usually provides important insight when making medical diagnoses linked to hereditary factors. To solve this sensitive issue, some medical billers and coders in New Jersey have proposed the idea of using a special code set designed to disguise the legally protected rights of birth parents of adopted children, while still giving all patients equal access to their medical records.
Those who acquire medical billing and coding positions typically must possess Certified Professional Coder (CPC) certification, which can be obtained through the American Academy of Professional Coders (AAPC). In order for prospective professionals to earn this certification, they must fulfill three requirements. First, they must prove that they either have two years of professional service in the field or have completed at least 80 hours of relevant education and one year of professional field experience. Second, they must become a member of the AAPC. Third, they must pass one of the AAPC’s CPC exams; the association offers three introductory coding certifications in CPC, CPC – Outpatient Hospital (CPC-H), and CPC – Payer (CPC-P). Students can prepare for CPC examinations through their associate degree education, online training, or classroom training; some students are even permitted to sit for their certification exam while still enrolled in their training or academic program.