Medical Billing and Coding Salary in Tennessee
- 3,900 Number of Medical Billing and Coding Employees in Tennessee
- $32,460 Average Medical Billing and Coding Salary in Tennessee
- $50,430 90th Percentile Salary
- $19,950 10th Percentile Salary
- Salary Averages East South Central Region
Employment prospects in Tennessee are about on par with the rest of the country. Unemployment was at 7.9% as of May 2012, according to the U.S. Bureau of Labor Statistics, compared to 8.2% for the entire country at that time. Employment is pretty steady, too, increasing 1.5% from May 2011 to May 2012. The biggest growth in the state during this time was in the category of mining, logging, and construction, which increased 5.5%.
Overall, hiring in medical billing and coding is expected to grow over the next decade. According to the BLS, the employment of medical records and health information technicians in particular is expected to increase by 21% in the U.S. This growth will be fueled by the aging population — with more people undergoing medical tests, treatments, and procedures as the nation grows older, more professionals will be needed to help process the resulting medical records. Medical billers and coders in Tennessee can expect to earn a salary on par with the nationwide median annual salary, which is $32,350. See the figures below from the BLS for an idea of salary prospects.
The best prospects will come to those with medical billing and coding credentials, as, according to the BLS, most employers prefer to hire medical records and health information technicians who have professional certification. For medical billers and coders, this certification is available through the AAPC, and requires passing an exam. Online programs in medical billing and coding can help students prepare for the test, and may even allow students to take it during their program.