Medical Billing & Coding Salary in Maryland - MD
During 2009, the average medical billing and coding salary in Maryland reported by the Bureau of Labor Statistics was $39,330, which was an average hourly wage of $18.91 an hour. Statistically, new medical billing and coding professionals were earning around $17.82 per hour. However, the top 25% of earners were making about $22.95 each hour, and the top 10% were making nearly $29.26 per hour. As you start your career in this field, keep in mind that your persistence and dedication to the profession are going to help you reach top dollar.
A recent study of the Maryland Health Care Commission Task Force found that physicians in Maryland were slow to adopt e-prescribing and electronic health record systems. However, in 2011, these physicians will be eligible for federal monetary incentives by implementing electronic records into their practices. Furthermore, the Medicare Improvements for Patients and Providers Act of 2008 lays out regulations for disincentives to begin in the year 2012 to physicians that are not using e-prescribing for Medicare patients.
|Career||Total Employment||Annual Median Wage||Projected Number of New Jobs|
|Medical Records and Health Information Technicians||4,220||$47,580||N/A|
With these types of new regulations, EHR systems are likely to become the core of every healthcare facility in Maryland. Medical billing and coding professionals who can learn to use these systems efficiently will have better employment prospects and higher annual earnings.
Average income figures throughout Maryland:
- Baltimore: $39,360
- Bethesda: $42,680
- Cumberland: $28,040
- Salisbury: $33,350
- Hagerstown: $36,570
- Frederick: $42,680
Salary figures are courtesy of the United States Bureau of Labor Statistics