Medical Billing Schools In Minnesota
Minnesota has 2 accredited medical billing schools where medical billing faculty who teach medical billing classes can find employment. The following statistics and charts help analyze the current state of the medical billing academic community in Minnesota, and the future trends in medical billing training at the following levels:
- Medical Billing Certificate
- Associates degree in Medical Billing
Schools
Cities
Statistics
Professional Trends
Minnesota Vs. National Medical Billing Employment
| Minnesota | 3,860 |
| National | 176,090 |
Of all of the medical billing professionals that work in the US, approximately 2% work in Minnesota state.
Employment Growth for Medical billing professionals In Minnesota
| 3,790 | 3,680 | 3,760 | 3,690 | 3,860 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
In Minnesota, the field of medical billing is growing. 70 more medical billing professionals were working in Minnesota in 2010, than there were in 2006. Thus, in Minnesota, this field has grown by 2% in four years. 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 Minnesota
| $33,170 | $34,710 | $36,170 | $37,630 | $38,390 |
| $45,649 | $48,094 | $49,813 | $50,330 | $51,158 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Medical Billing
- Dark Yellow: All Professions
In Minnesota, as the number of medical billing professionals is growing, the salaries earned by medical billing professionals are increasing. Medical billing professionals earned a yearly mean salary of $33,170 in 2006. They earned a yearly mean salary of $38,390 in 2010.
Salary percentiles for Medical billing professionals in Minnesota
10th percentile |
$26,700 |
25th percentile |
$31,870 |
50th percentile |
$37,790 |
75th percentile |
$44,830 |
90th percentile |
$51,300 |
Thus, medical billing professionals' salaries grew by 14% in 4 years. This growth is mirrored by state trends for all professionals. In Minnesota state, within the field of medical billing, there is a huge variation in pay. The highest paid medical billing professionals earn 92% more money than those in the bottom 10% of the pay bracket.
Average Salaries for Medical billing professionals and related professions in Minnesota
Health Information |
$38,390 |
Health Information Management |
$68,785 |
Medical Billing |
$38,390 |
Medical Coding |
$38,390 |
In Minnesota, medical billing professionals earn, on average, less than professionals in related fields.
Educational Trends
Medical Billing programs available for each degree type for all schools in Minnesota
associate |
1 |
bachelor |
0 |
master |
0 |
doctor |
0 |
Certificate |
2 |
| Total | 3 |
As the number of medical billing professionals is increasing in Minnesota state, the number of students graduating from the 2 accredited medical billing schools in Minnesota state is also increasing. In Minnesota, there were 20 graduates in 2006. And there were 38 graduates from medical billing courses in 2010.
Thus there was a 90% percent increase in the number of medical billing school degree or certificate graduates in Minnesota. A majority of these graduates, or 67%, graduated with an undergraduate certificate in medical billing.