Although the Oregon Office of Economic Analysis still predicts slower than average economic growth – 2.1 percent for this year – the education and health services sector is one industry where this forecast does not hold true. This industry’s projected growth rate – the fastest in the state – is 4.8 percent.
As part of the educational and health services sector, the medical billing and coding profession is due to hire 362 additional employees by the year 2020, and as demand continues to increase so will salaries. By the year 2020, a total of 67,500 jobs are expected to be added to the general educational and health services sector, an increase of 30 percent.
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2018 Oregon Medical Billing and Coding Salaries
In the Pacific Northwest and along the West Coast, Oregon offers competitive wages to its medical billing and coding professionals compared to its neighbors in Washington, California, Idaho, Montana and Nevada. When it comes to professionals within Oregon, the best salaries are found in the its main cities and along the coast. However when rural salaries are adjusted for the decreased cost of living they are mostly on-par with the statewide average. Higher-end salary jobs are interestingly found in the eastern non-metro region of the state, suggesting a lower availability but higher pay.
As part of the state’s main industry driver, medical billing and coding professionals in Oregon are well-poised to take advantage of the growing demographic shift and increasing insurance coverage. Job security and growing salaries are just some of the current advantages in the field that will only increase in the future.