In its recent job outlook report, the Ohio Department of Job and Family Services found that although the overall state economy is expected to grow slower than the national average, the education and health sector of the economy will continue to grow by 20 percent in the decade leading up to 2022. Closely related to this sector is the medical billing and coding profession, which will grow by as high as 30 percent over the same period.
As the number of positions in the medical billing and coding field increase, so will their associated salaries. The industry’s dramatic rise is due to several factors such as the increasing number of insured persons in the state as well as the statistic that the number of residents aged 55 years and older is projected to grow by 30 percent by the year 2020.
2018 Ohio Medical Billing and Coding Salary Statistics
Among its neighboring states, Ohio offers a very competitive average salary as well as upper 90th percentile wage, higher than Indiana, Kentucky, Pennsylvania, Illinois and West Virginia.
Within Ohio average salaries in the state’s main cities vary by approximately $3,000 depending on the location. Cities with higher concentrations of medical billing and coding professionals also tend to offer a higher average wage.
As medical billing and coding positions continue to increase through the year 2022, the sooner candidates qualify themselves for these careers the sooner they will have the opportunity for promotion.