Medical Billing Schools
As a professor or instructor of medical billing classes at one of the 332 accredited medical billing schools in the country, you play a essential role in shaping the education, and, in effect, the future of this growing field. The graphs, statistics and analysis below outline the current state and the future direction of academia in medical billing, which encompasses medical billing training at the following levels:
- Medical Billing Certificate
- Associates degree in Medical Billing
- Bachelors degree in Medical Billing
Statistics
Professional Trends
National Employment growth for Medical billing professionals
| 164,700 | 165,590 | 168,650 | 170,580 | 176,090 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Dark Yellow: Actual Values
176,090 medical billing professionals were working in the US in the year 2010. The number of medical billing professionals has grown by 7% between 2006 and 2010.
And the growth for all careers between the years 2006 and 2010 was 1%. This trend is expected to continue over the next 7 years.
National Salary percentiles for Medical billing professionals
10th percentile |
$21,240 |
25th percentile |
$25,570 |
50th percentile |
$32,350 |
75th percentile |
$42,170 |
90th percentile |
$53,430 |
Nationally, the median yearly salary earned by medical billing professionals was $32,350 in 2010. The median yearly salary for medical billing professionals in the US was 49% less than that for all professions, which was $68,155 per year.
National Median Salary Growth For Medical Billing
| $28,030 | $29,290 | $30,610 | $31,290 | $32,350 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Salaries
Medical billing professionals' salaries have grown by 15% between the years 2006 and 2010.
Educational Trends
National Medical Billing Student enrollment growth by degree
| 714 | 1,299 | 1,346 | 1,263 | 1,679 |
| 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 |
| 5,376 | 6,586 | 5,960 | 7,413 | 12,181 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Associate's Degree in Medical Billing
- Blue: Bachelor's Degree in Medical Billing
- Red: Doctorates Degree in Medical Billing
- Light blue: Master's Degree in Medical Billing
- Grey: Certificate in Medical Billing
The career outlook for medical billing professionals is showing a rapid change. And, on the educational front, the story is similar. In the US, 6,090 students graduated from medical billing degree programs in 2006. And in 2010, 13,860 students graduated from medical billing schools.
This represents a 128% change in the number of graduates. This growth in the number of students graduating from medical billing courses is greater than the 12% growth nationally for students graduating from institutions of higher learning in general.
Medical Billing Programs offered Nationwide
associate |
50 |
bachelor |
0 |
master |
0 |
doctor |
0 |
Certificate |
256 |
| Total | 306 |
While student graduation numbers are up, the number of schools offering medical billing programs has decreased. There were 157 medical billing schools across the country in 2006. And there were 332 schools in 2010.