Positions in the Virginia medical billing and coding field have been identified as some of the fastest growing occupations of the future, according to a report published by the Northern Virginia Health Care Workforce Alliance. As resources are stretched to meet the increasing demand of the state’s aging population, salaries in this field are projected to increase by incrementing percentage points over the next few decades.
Compared with its neighboring states, medical billers and coders in Virginia earn a higher average wage than anywhere else, and a higher top 90th percentile wage than all its neighbors except Maryland. The median annual salary across the state was recently calculated at just under $50,000 from over 6,000 employees currently working in the field.
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2018 Virginia Medical Billing and Coding Salary Growth
As these numbers demonstrate, the best paid jobs in the field are found in the major metropolitan areas and in the northern part of the state, followed by cities. The average annual salary drops as positions become further south and more rural. The following statistics will give candidates an idea of the average salaries in the field according to city:
- Virginia Beach: $49,000
- Norfolk: $51,000
- Chesapeake: $48,000
- Hampton Roads: $48,000
- Fairfax County: $59,000
- Arlington: $59,000
- Roanoke: $48,000
- Richmond: $51,000
- Alexandria: $58,000
- Portsmouth: $49,000
Salaries across the state are projected to continue to rise in Virginia’s medical billing and coding field, along with many of those in the health care industry. Analysts also point to the field’s good job security as a reason to begin training and education, as insurance coverage and visits to health care providers have strong showings on growth models for the coming decades.