All You Need To Know About Medical Billing and Coding Salary Georgia

The primary purpose of medical billing and coding is to streamline the healthcare system’s reimbursement arrangements to ensure that providers are compensated for their services. Correct billing and coding are also critical for patients to protect them from inaccurate charges. There is a relationship between these 2 tasks, but they are different from each other. Here we will discuss medical billing and coding salary Georgia step by step. First, we will discuss medical billing.

Medical billing: 

Healthcare billing refers to the process by which healthcare providers create and submit claims to insurance companies or payers for reimbursement for services provided.

Medical Billing and Coding Salary Georgia

The minimum wage in Georgia is $7.25 and the poverty level wage is $6.53. These wages are for one adult. The liveable salary in Georgia is $17,72.

The entry-level salary of medical billers is $37,160 and $45,132 per year and their hourly salary is $16.92. The average salary of a medical biller is $21.32 per hour.

Medical Billing Salary Wages:

These are the following. 

1. Medical Billing Specialist Salary: 

Medical billing specialists play an important role in this field. Their main purpose is that providers receive accurate and timely payments. The average salary of medical billing specialists in Georgia is $44,207.

However, the spectrum of earnings typically fluctuates between $41,138 and $48,339.

2. Medical Billing Manager:

The primary purpose of a medical billing manager is to manage the billing department of a physician’s office or healthcare facility and claims. The average salary for a Billing Manager in Georgia is $61,172 per year.

Only in case you need a basic pay calculator, that works out to around $29.41 per hour. That’s the equivalent of $1,176/week or $5,097/month.

Billing Manager salaries currently range from $50,600 (25th percentile) to $78,400 (75th percentile), with the highest earnings (90th percentile) earning $95,462 per year in Georgia.

The average salary range for a Billing Manager varies widely up to $27,800, indicating that there may be many opportunities for advancement and salary increases based on skill level, location, and years of experience.

3. Medicaid Billing Specialist: 

A medical billing specialist helps a healthcare facility manage insurance claims, payments, and invoices. 

This type of billing is used precisely for billing facilities to Medicaid, combining centralized databases, and public health insurance databases for people with low wages and partial resources.

The salary range of Medicaid billers is $34,00-$46,500 per year.

4. The Medicare Bill:

The most common is an associate degree with a business major. Becoming a medicare billing specialist usually takes 1-2 years of experience. The certified billing and coding specialist earns more money.

From 2018 to 2028 the career grew 3% expectedly and produced 38,500 job opportunities across the U.S. 

The main responsibility of a Medicare biller is to oversee health reimbursements for patients who qualify for insurance.

Like those people who are 65 or older citizens with specific disabilities and people of any age with end-stage renal disease (ESRD). And the annual salary of the Medicare biller is $35,500-$44,000.

5. Insurance Billing Specialist:

The basic role of insurance billers is to receive claims and bills on behalf of their employers. An insurance biller works in a hospital or a physician’s office and deals with medical claims. There are two types of insurance billers.

The insurance biller who specializes in insurance billing computes the charges for services or goods and sends them to insurance companies for payment reimbursement. They communicate with both patients and insurance companies.

And make sure the payment process runs smoothly. The salary range of insurance billers per year is $32,000-$42,000.

6. Medical Claims Processor:

Manage a group of different types of claims properly. To ensure full records, review, and update case files. React to internal and external requests for information about disputes promptly.

Estimate, draft, and write letters, documents, and files. Inform claimant, customer, and relevant medical references of claim action progress. The annual salary of a medical claim processor is $35,000 to $43,500

7. Ambulance billing: 

This type of billing applies to emergency services. Medical and hospitality facilities require emergency medical transport in this situation.

Treatment and transportation will be provided to all patients regardless of their ability to pay. The salary of an ambulance biller is $30,000-$45,000 per year.

8. Healthcare Compliance Officer: 

The medical billing cycle includes several stages that play a significant role in this field like developing rules and regulations and ensuring that all organizations follow them.

If any of these steps are misused or done incorrectly, it can have a detrimental effect. The per-year salary of a healthcare compliance officer is $55,300-$168,713.

Medical Coding

In this process, a medical coder takes patients’ health care information about their medical types of equipment, procedures, services during an appointment, and diagnosis from the physician’s notes.

These codes are used during insurance claim submission.

1. Medical Coding Salary in Georgia:

Medical billing and coding salary Georgia for newcomers is $41,042 as of September 2023. However, the spectrum of earnings typically fluctuates between $37,160 and $45,132.

So, the average earner salary of a medical coder is $50,550 to $66,020. And the best medical coder jobs pay up to $75,000 per year.

2. Certified Professional Coder (CPC):

The salary range is $43,500-$62,381 per year. It is the most recognized coder certification in the healthcare field.

Medical coding transforms healthcare diagnoses, procedures, medical services, and equipment into universal medical codes.

A medical coder is responsible for assigning the correct code to describe the type of service a patient will receive. 

They ensure the codes are applied correctly during the medical billing procedure, which includes dragging the information from documentation,  the appropriate codes, and creating claims to be paid by insurance runners.

Medical coders work in hospitals, clinics, and physicians’ offices.

3. CRC:

Salary range $63,780-$83,860 per year. The primary purpose of a Certified Risk Adjustment Coder is to capture accurate risk scores for patients.

They evaluate and analyze medical records for proper documentation and correct diagnosis codes and services for risk adjustment models.

Conclusion:

In the end, we hope that now you are well aware of medical billing and coding salary Georgia. These salary ranges may vary according to certification and the experiences of the employer and also vary according to region.

These important factors can impact your salary within the dynamic healthcare industry.