Medical Billing Schools In Kentucky
In Kentucky, there are 7 accredited schools where medical billing classes faculty can find employment. Below are statistics and other relevant data to help analyze the state of medical billing and medical billing training in Kentucky, which includes medical billing training at the following levels:
- Medical Billing Certificate
- Associates degree in Medical Billing
- Bachelors degree in Medical Billing
Statistics
Professional Trends
Kentucky Vs. National Medical Billing Employment
| Kentucky | 2,720 |
| National | 176,090 |
Approximately 2% of the country's medical billing professionals work in Kentucky state.
Employment Growth for Medical billing professionals In Kentucky
| 2,630 | 2,690 | 2,930 | 2,950 | 2,720 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
In Kentucky, medical billing is a growing field. In 2010 there were 90 more medical billing professionals working in Kentucky than there were in 2006. So, in four years, the number of medical billing professionals has grown by 3%. This growth is slower than the national trend for medical billing professionals which shows a 7% increase in the number of medical billing professionals working around the nation.
Medical Billing VS. All Professions salaries in Kentucky
| $29,040 | $30,190 | $30,610 | $31,440 | $31,740 |
| $39,791 | $41,432 | $43,385 | $44,191 | $44,977 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Medical Billing
- Dark Yellow: All Professions
The salaries paid to medical billing professionals are growing in Kentucky. In 2006 medical billing professionals made a mean salary of $29,040 per year, and in 2010 they made $31,740 per year.
Salary percentiles for Medical billing professionals in Kentucky
10th percentile |
$19,820 |
25th percentile |
$23,460 |
50th percentile |
$28,850 |
75th percentile |
$38,290 |
90th percentile |
$48,740 |
This represents a 9% growth in salaries. State trends for all professions mirror this growth. There is a 146% pay differential between the highest paid medical billing professionals and those in the bottom 10% of the pay bracket. Thus, there is huge variation in pay, within the field of medical billing in Kentucky.
Average Salaries for Medical billing professionals and related professions in Kentucky
Health Information |
$31,740 |
Health Information Management |
$56,600 |
Medical Billing |
$31,740 |
Medical Coding |
$31,740 |
In Kentucky, medical billing professionals make, on average, less than their counterparts in related professions.
Educational Trends
Medical Billing programs available for each degree type for all schools in Kentucky
associate |
6 |
bachelor |
2 |
master |
0 |
doctor |
0 |
Certificate |
1 |
| Total | 9 |
As the number of medical billing professionals is increasing in Kentucky state, the number of students graduating from the 7 accredited medical billing schools in Kentucky state is decreasing. In 2006, 152 students graduated from medical billing courses in Kentucky. And in 2010, 88 students graduated.
There was a decrease in the number of medical billing school degree or certificate graduates in Kentucky by 42%. Most of these graduates, or 67%, earned an associate's degree in medical billing.