Medical Billing Schools In New Jersey
In New Jersey, there are 16 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 New Jersey, which includes medical billing training at the medical billing certificate level.
Schools
Cities
Statistics
Professional Trends
New Jersey Vs. National Medical Billing Employment
| New Jersey | 1,950 |
| National | 176,090 |
Of all of the medical billing professionals that work in the US, approximately 1% work in New Jersey state.
Employment Growth for Medical billing professionals In New Jersey
| 2,130 | 1,960 | 2,160 | 2,090 | 1,950 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
Medical Billing is a shrinking field in New Jersey. In New Jersey, 180 less medical billing professionals were working in 2010, than there were in 2006. So, in four years, the number of medical billing professionals has shrunk by 8%. This decline is faster 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 New Jersey
| $40,230 | $42,600 | $44,470 | $45,750 | $47,050 |
| $50,031 | $52,191 | $53,328 | $54,026 | $55,877 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Medical Billing
- Dark Yellow: All Professions
The salaries paid to medical billing professionals are growing in New Jersey. In 2006 medical billing professionals made a mean salary of $40,230 per year, and in 2010 they made $47,050 per year.
Salary percentiles for Medical billing professionals in New Jersey
10th percentile |
$28,110 |
25th percentile |
$35,440 |
50th percentile |
$46,330 |
75th percentile |
$57,890 |
90th percentile |
$67,900 |
Thus, medical billing professionals' salaries grew by 14% in 4 years. This growth is mirrored by state trends for all professionals. In New Jersey state, within the field of medical billing, there is a huge variation in pay. The highest paid medical billing professionals earn 142% more money than those in the bottom 10% of the pay bracket.
Average Salaries for Medical billing professionals and related professions in New Jersey
Health Information |
$47,050 |
Health Information Management |
$76,960 |
Medical Billing |
$47,050 |
Medical Coding |
$47,050 |
In New Jersey, 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 New Jersey
associate |
0 |
bachelor |
0 |
master |
0 |
doctor |
0 |
Certificate |
16 |
| Total | 16 |
As the number of medical billing professionals is decreasing in New Jersey state, the number of students graduating from the 16 accredited medical billing schools in New Jersey state is increasing. In 2006 there were 531 medical billing graduates from medical billing courses in New Jersey and in 2010 there were 671 graduates.
There was an increase in the number of medical billing school degree or certificate graduates in New Jersey by 26%. Most of these graduates, or 100%, earned an undergraduate certificate in medical billing.