Minnesota medical billing and coding salaries have increased rapidly over the past decade. Even during the great recession of 2009-2010, health care positions were mostly insulated to the economic downturn due to the industry’s strong growth. Minnesota’s concentration of business and educated workforce has enabled it to stay fairly resistant to the world’s financial difficulties. Health care workers in the state, in particular medical billers and coders, have seen a thriving industry with great prospects and strong growth potential.
Sponsored School(s)
Job Growth in 2019
Additionally, federal government requirements initiating electronic medical record keeping guidelines by 2015 have created opportunity and demand in the medical billing and coding sectors. Medical billing and coding professionals with training and experience are set to lead this advancement, and according to the US Bureau of Labor Statistics (BLS.gov) the demand is expected to grow. Where the average annual income in Minnesota in 2009 was $37,600, today, just 9 years later, this has already risen to nearly $52,000. Trained medical billers and coders with experience can expect to earn more than this with just five years on the job, according to alliedhealthworld.com, an industry monitor.
A chart listing the top cities and their corresponding salaries in the medical billing and coding field for the state of Minnesota is below: