As part of the health care industry – the largest in the state – New Jersey’s medical billing and coding professionals find themselves with a bright future ahead. The average health care wage in New Jersey has increased by over 17 percent in the past decade, according to a report released in 2017 by the state’s Department of Labor and Workforce Development. And by a recent count the health care industry as a whole contributed over $32 billion to the state’s economy. Recently health care employers paid over $21 billion in wages to specialists including medical billing and coding professionals.
There is no time like the present to obtain the education and training needed to become a medical billing and coding professional in the state. As salary figures in the field continue to increase reflecting the growing demand for these specialists, new promotional opportunities will open for more experienced billers and coders.
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2018 Medical Billing and Coding Salary Figures
In its region New Jersey offers medical billing and coding professionals compelling salaries. Within New Jersey itself salaries range across locations, with the highest average in Newark and the lowest average in the Atlantic City-Hammonton area. Notably there is not a significant urban-rural divide for salaries in the state, though a divide is manifest between the southeastern coastal region of the state and its higher-earning other half.
Those who prepare for medical billing and coding jobs soon will be able to take advantage of the promotional opportunities that tend to follow in the wake of significant industry expansion, which are reserved for more experienced professionals.