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Medical Billing & Coding Services – Industry Research, Analysis, Statistics, and Forecasts

SIC 8721  |  NAICS 541219

This free online guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

For guides to other industries, see our index of over 400 industries.

Industry Analysis, Statistics, Trends, and Forecasts

Industry Research Reports
Medical Billing Services  (view report)
Medical Claims Processing Services  (view report)
Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:
Sample report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

Healthcare Business Management Association
RCM Advisor

Quarterly trade publication features news and information for healthcare revenue cycle management professionals, with special features including periodic surveys addressing topics such as billing fees, collections, automation, data security and compliance, security risk analysis, business development, and mergers and acquisitions. Nonmembers may access current issue of magazine with registration.

Billing-Coding, Inc.
BC Advantage

Bimonthly magazine features news and information for medical billing and coding professionals, with topics covered in various issues including coding, billing, compliance, reimbursement, auditing, legal issues, practice management, and career advancement. Full access to the publication is available to subscribers only; selected articles from current and previous digital editions are available free online.

American Academy of Professional Coders
Resources available from this organization include:

Healthcare Business Monthly
Monthly trade journal provides news and information for medical coders, billers, and other personnel involved in the healthcare reimbursement process, with topics covered in each issue including billing, coding, auditing, compliance, and practice management. Sample feature article and table of contents from the current issue is available free online; current and past issues are available to members only.

Career Center
Career section features an overview of the medical coding and billing profession, with topics covered including a guide to the fundamentals for those seeking a new career, understanding the differences between coding and billing and the roles they play in the healthcare industry, essential skills that are required for success in this field, and understanding various medical coding and billing terminologies.

Grand View Research
Medical Billing Outsourcing Market

Comprehensive report provides an in-depth analysis of this sector on a global basis, with information provided in the report including market size and forecasts by component (e.g., in-house, outsourced), service segment (e.g., front-end, middle-end, back-end services), end use (e.g., hospitals, physician offices, other), region (e.g., North America), and for selected countries (e.g., United States, Canada).

BizMiner Market Analysis Reports
Medical Billing & Coding Services  Search for "541219" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.

More industry research reports »

Financial Statements and Financial Ratios

BizMiner Industry Financial Ratios
Medical Billing & Coding Services  Search for "541219" to see available reports
Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:
Sample financial statement and ratio analysis report is available free online.

Industry Research Reports
Medical Billing & Claims Processing Services
(see links for individual reports)  (sample spreadsheet)

Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and over twenty-five industry financial ratios, with financial ratios provided for the each of the four most recent calendar years and on a historical average basis for 3-year, 5-year, and 10-year time periods. Sample spreadsheet with breakdowns by asset size can be viewed free online.

American Medical Billing Association
Benchmarking Report & Worksheets

AMBA benchmarking report provides 12 ratios and several other quick assessments that allow users to analyze where a practice stands financially, and also includes two worksheets that can be used to calculate net cash flow, turn-around time, voluntary adjustments, and other key practice benchmarks. Product is pre-approved for one certified medical reimbursement specialist continuing education unit.

More financial benchmarking data »

Compensation and Salary Surveys

American Academy of Professional Coders
Healthcare Salary Survey / salary-calculator

Annual AAPC survey provides average salary data for billing and coding personnel, with survey data filterable on a state level using the online salary calculator by role/responsibility, primary certification, employer type, employer location, level of education, years of experience, work status, hourly/salary, weekly hours, on-site/remote, specialty, and other certification. All information is available free online.

Robert Half International, Inc.
Healthcare Salary Guide

Free online salary guide provides starting salary ranges for healthcare administrative personnel, with job titles covered including revenue cycle director, revenue cycle analyst, billing manager/supervisor, medical coding manager, collections manager/supervisor, certified professional coder, medical biller, claims analyst, claims processor, claim denials specialist, collections specialist, and payment poster.

More compensation surveys »

BV Guides and Databases

Private Company Sales Transaction Databases
Free "Visitor Search" allows users to search the DealStats, BIZCOMPS, and FactSet/BVR databases for public and private company sales transactions by SIC or NAICS Code. These databases provide detailed information for sales transactions including sales price and terms, purchase price allocation, target financial data, and deal-derived valuation multiples. Sample reports can be viewed free online.

More valuation data »

Related Industries:
Accounting Services
Document Preparation and Transcription Services
Hospitals and Health Systems
Physicians and Medical Practices


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