Medical Billing and Coding Salary in Virginia
- 3,930 Number of Medical Billing and Coding Employees in Virginia
- $35,550 Average Medical Billing and Coding Salary in Virginia
- $54,230 90th Percentile Salary
- $21,840 10th Percentile Salary
Salary Averages in South Atlantic Region
Overall employment prospects are better in Virginia than the country at large. According to the U.S. Bureau of Labor Statistics, the unemployment rate was 5.6% as of May 2012, compared to 8.2% for the rest of the country at that time. Employment in the state has also increased 1.2% from May 2011 to May 2012, with the greatest increase in the financial sector (4.7%), followed by education and health services (3.2%).
On average, employment in medical billing and coding is expected to grow. According to the BLS, employment of medical records and health information technician industry is expected to increase by 21% through 2020. The nation’s aging population will fuel this growth, as more older adults will need medical tests, treatments, and procedures, requiring more medical billers and coders to process the insurance claims. In Virginia, medical billers and coders can expect to make above the national annual salary. For a complete idea of wages in the state, refer to the figures provided by the BLS below.
For the best employment prospects, medical billers and coders should become certified. That’s because according to the BLS, most employers prefer to hire medical records and health information technicians with professional certification. Medical billing and coding professionals can become certified through the AAPC, the nation’s largest medical coding training and certification association for medical coders and medical coding jobs. Obtaining certification requires passing an exam, which an online program in medical billing and coding can help prepare you for, and may even be taken at the end of the program.