Ripe job market for health information coding staff?
According to Kforce Professional Staffing, the national demand for health care labor coupled with the overhauling of the International Coding Directory (ICD) has created a market ready and waiting for coding professionals.
Group president of the company health information management division Sam Farrell says, "Hospitals already find it difficult to meet their needs for inpatient coders, outpatient coders, and coding managers, and now will be faced with the need to find staff who are prepared for the new ICD-10 standards…"
Salaries have jumped in the last six years for these professionals. According to the American Health Information Management Association (AHIMA), the number of positions with annual salaries exceeding $40,000 has nearly doubled.
In fact 62% of coding professionals earn between $30,000 and $50,000 per year. Nearly half (49%) of managers earn between $40,000 and $60,000.