Medical Billing Schools In New Mexico
There are 2 accredited medical billing schools in New Mexico for faculty who teach medical billing classes to choose from. The trends in New Mexico's medical billing academic community can be evaluated by looking at the statistics and graphs below. Academia in medical billing includes medical billing training at the medical billing certificate level.
Schools
Cities
Statistics
Professional Trends
New Mexico Vs. National Medical Billing Employment
| New Mexico | 1,290 |
| National | 176,090 |
Approximately 1% of the country's medical billing professionals work in New Mexico state.
Employment Growth for Medical billing professionals In New Mexico
| 1,190 | 1,020 | 1,070 | 1,020 | 1,290 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
The number of medical billing professionals is growing in New Mexico. In New Mexico, 100 more medical billing professionals were working in 2010, than there were in 2006. So, in four years, the number of medical billing professionals has grown by 8%. This growth is faster than the change in the number of medical billing professionals around the country. Nationally, the number of medical billing professionals has grown by 7% from 2006 to 2010.
Medical Billing VS. All Professions salaries in New Mexico
| $26,580 | $29,120 | $30,080 | $30,890 | $32,070 |
| $40,511 | $43,009 | $44,801 | $46,220 | $46,794 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Medical Billing
- Dark Yellow: All Professions
As the number of medical billing professionals is growing, the salaries paid to medical billing professionals are increasing in New Mexico. In 2006 medical billing professionals made a mean salary of $26,580 per year, and in 2010 they made $32,070 per year.
Salary percentiles for Medical billing professionals in New Mexico
10th percentile |
$19,870 |
25th percentile |
$23,240 |
50th percentile |
$30,670 |
75th percentile |
$39,030 |
90th percentile |
$46,590 |
This represents a 17% growth in salaries. State trends for all professions mirror this growth. There is a 134% 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 New Mexico.
Average Salaries for Medical billing professionals and related professions in New Mexico
Health Information |
$32,070 |
Health Information Management |
$67,385 |
Medical Billing |
$32,070 |
Medical Coding |
$32,070 |
In New Mexico, 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 Mexico
associate |
0 |
bachelor |
0 |
master |
0 |
doctor |
0 |
Certificate |
2 |
| Total | 2 |
100% of these graduates received an undergraduate certificate in medical billing.