Medical Billing & Coding Services – Industry Analysis, Statistics, Trends, and Forecasts
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
- Market size and major product and service segments
- Key industry statistics, trends, and financial ratios
- Operating conditions and current performance
- Competitive landscape and environment
- Major company profiles and market shares
- Five-year outlook and growth forecasts
Healthcare Business Management Association
RCM Advisor
https://www.hbma.org/
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
https://www.billing-coding.com/
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
https://www.aapc.com/
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.
Coding Help
https://www.aapc.com/
"Coding Help" section provides a summary overview of job responsibilities for coding
personnel, and also includes information on medical reimbursement, auditing,
code sets (e.g., ICD-9, ICD-10, CPT®, HCPCS Level II), and AAPC training
courses for coding, billing, auditing, documentation, compliance,
and practice management, as well as a detailed glossary of medical terms used
for coding purposes.
The Work of A Coder Survey
https://www.aapc.com/
Comprehensive survey provides demographic information regarding work environment, certifications,
and employment situation, and includes questions specific to
work and working relationships such as percentage of time spent on specific types of work
and views on coding effectiveness and processes. Feature article, survey results, survey analysis,
white paper, and comments are available free online.
Grand View Research
Medical Billing Outsourcing Market
https://www.grandviewresearch.com/
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
https://www.bizminer.com 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.
Financial Statements and Financial Ratios
BizMiner Industry Financial Ratios
Medical Billing & Coding Services
https://www.bizminer.com Search for "541219" to see available reports
- Income and expenses in dollars and percentages
- Balance sheets in dollars and percentages
- Profitability and return on investment ratios
- Liquidity and working capital ratios
- Asset turnover and efficiency ratios
- Capital structure and debt service ratios
IBISWorld Research Reports
Industry Financial Ratios
(see links for individual reports)
Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and an array of industry financial ratios, with the financial ratio data presented on an annual basis for the four most recent years for which data is available and on a historical average basis over three-year, five-year, and ten-year time periods. Sample report can be viewed free online.
American Medical Billing Association
Benchmarking Report & Worksheets
https://www.ambastore.net/
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.
Compensation and Salary Surveys
American Academy of Professional Coders
Healthcare Salary Survey
https://www.aapc.com / 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
http://www.roberthalffinance.com
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.
BV Guides and Databases
Accounting Services
Document Preparation and Transcription Services
Hospitals and Health Systems
Physicians and Medical Practices
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