Medical Billing and Coding Salary in Rhode Island
- 620 Number of Medical Billing and Coding Employees in Rhode Island
- $38,610 Average Medical Billing and Coding Salary in Rhode Island
- $56,900 90th Percentile Salary
- $24,710 10th Percentile Salary
Salary Averages in New England Region
Rhode Island has a strong economy supported by a diverse range of industries, including consumer products and design, defense and homeland security, financial services, information technology, manufacturing and industrial products, marine trades, and health and life sciences. According to the Rhode Island Economic Development Corporation, the state has a strong health and life sciences industry with great potential for growth. More than 35,000 people are employed in this industry, which includes more than 1,400 businesses.
Rhode Island also has made tremendous strides to improve their quality of healthcare within the state, particularly in delegating money to hire new medical billers and coders and improve the safety and ease of access of medical records. Since the passage of the Affordable Care Act in 2010, Rhode Island has received more than $1.5 million in state funding to hire and train medical billers and coders to prepare electronic medical records, and maintain these records in their new format. This means that medical billing and coding in Rhode Island is flourishing and is expected to continue to do so over the next four years of the proposed healthcare reform plan.
Electronic medical records are not the only reason that medical billing and coding in Rhode Island is becoming a growing job choice. The state has received around $4 million in funding for new community health centers and as incentives for employers to offer employees continuing health insurance plans — both factors that result in more medical billing and coding jobs in Rhode Island. The figures in the following list, which are provided by the U.S. Bureau of Labor Statistics, reflect the current employment conditions.
Many medical billers and coders choose to demonstrate their expertise by earning a professional certification in medical billing and coding. The American Academy of Professional Coders, the country’s largest association for medical coding training and certification, offers various types of certifications for those in the field of medical records and information. Medical coding certifications offered by the AAPC include: Certified Professional Coder, Certified Professional Coder – Outpatient Hospital, Certified Professional Coder – Payer, Certified Interventional Radiology Cardiovascular Coder, and Specialty certifications. To become certified, one must pass a certification examination and fulfill requirements regarding education, work experience, and association membership. It is often upon the student themselves to prepare for these types of examinations, although some online medical billing and coding programs may help prepare them and might even allow them to sit for an exam during the program.