As demand continues to increase in the medical billing and coding profession across Washington State, salaries in the field are also predicted to continually rise. The pay rate is also boosted by the fact that Washington has the highest minimum wage in the nation. The primary driver of the medical billing and coding field is the healthcare industry, which is one of the largest employers in the state and additionally has one of the most positive economic outlooks of all Washington industries. Now with some of the largest employers in the nation such as Amazon, Ebay, Microsoft, Boeing and more, health care employers are working harder than ever to keep up with demand.
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Wages in the highest 90th percentile in the state are among the top 15 in the country, and Washington offers very competitive salaries when compared with its neighbors in the region including Oregon, Idaho, Montana and California.
Washington State Exhibits Key Growth in 2017
The medical billing and coding field had its eye on three main factors in Washington State that all grew in 2017: population, percentage of population over the age of 65, and the healthcare industry. These combined indicators signal predictions for growth in this field are accurate and may be, if anything, understated. Projections for these three key indicators also point towards continued growth at least in the short- to medium-term.
2018 Washington Medical Billing and Coding Salaries
According to the Bureau of Labor Statistics, by a recent count there were nearly 8,000 employees working in the medical billing and coding field.