Pennsylvania’s medical billing and coding jobs have a strong future potential, as they are linked with health care and social services, the largest economic sector in the state – and one with significant growth potential – that accounts for 16 percent of all jobs in Pennsylvania.
With a projected 12 percent growth rate through 2020, Pennsylvania’s health care industry will likely continue expanding over at least the coming decades. This is due to several factors, not least of which is the increasing percentage of persons over the age of 65, who have far greater encounters with the health care industry than most other population segments. By the year 2022, the over-65 percentage will increase to 12 percent of the state’s total population, and by 2030 this number is projected to be 16 percent, according to statistics released by the Social Security Administration and an AARP report.
2018 Medical Billing and Coding Salaries
Pennsylvania offers a competitive salary among its neighbors, especially when factoring in the cost of living in the Keystone State. Medical billing and coding professionals working within Pennsylvania may want to consider the following information, categorized by city.
These numbers show that Pennsylvania’s main cities are usually within about $2k of the state’s average, with the exception of the Philadelphia Metro area, which also offers the highest top-end salaries in the state. Salaries tend to stay consistent whether an employee is working in an urban or rural area of the state.
As the medical billing and coding sector continues to experience increasing demand, salary figures should also maintain their ascending trend. Candidates thinking about a career in this field will find themselves in the right place at the right time.