AAPC - Advancing the Business of Healthcare

Salary Survey

2024 Medical Coding and Billing Salary Report

Medical coding and billing salaries in New Mexico

The median yearly income for New Mexico medical coders, billers, auditors, and other healthcare business professionals is $59,057, compared to the Mountain region’s overall median income of $59,760.

Our 2023 salary survey shows that the highest-paid people in New Mexico working in the business of healthcare make an average $96,250 and hold the CDEO credential, among others.

The top three employers of healthcare business professionals in the state are hospitals (both outpatient & inpatient depts), health systems, and medium group practices (11-49 physicians).

Roughly 53.9 percent of healthcare business professionals in New Mexico work remotely, earning an average $61,552. A reported 31.5 percent work on site, earning an average $53,796, and 14.6 percent work partly onsite and partly remote (hybrid), earning an average $60,769.

New Mexico salary by certification

Certification Type

Average Salary

CPC

$ 62,892.86

COC

$ 68,000.00

CIC

$ 67,500.00

CRC

$ 62,892.86

CPB

$ 59,166.67

CPMA

$ 63,333.33

CDEO

$ 96,250.00

CPPM

$ 95,000.00

CPC-I

$ 72,500.00

CEMC

$ 61,666.67

CFPC

$ 62,500.00

CGSC

$ 87,500.00

COBGC

$ 72,500.00

COSC

$ 72,500.00

CPC-A

$ 42,500.00

CPC-P

$ 60,833.33

New Mexico salary by education

Certification + Educational Background

Average Salary

High School

$ 70,833.33

Technical School

$ 53,333.33

Some high school

$ 52,500.00

Some college

$ 61,333.33

Associate degree

$ 59,264.71

Bachelor's degree

$ 63,500.00

Master's degree

$ 81,500.00

New Mexico salary by experience

Certification + Years Experience

Average Salary

0-1

$ 41,500.00

2.0-4.0

$ 44,833.33

5.0-9.0

$ 56,833.33

10.0-15.0

$ 61,875.00

16.0-20.0

$ 65,678.57

21.0-25.0

$ 68,181.82

26.0-30.0

$ 71,250.00

31+

$ 65,000.00

About this report

Those considering a medical coding career won’t find a better source of industry information than AAPC, the nation’s largest professional organization for medical coders, billers, and others working in the business of healthcare. AAPC offers certifications, code books, exam study guides and additional preparation materials, local chapters, distance learning classes, and other resources.

AAPC annually surveys healthcare business professionals regarding their income based on location, education, experience, credential(s), and other data points. The figures posted here are based on the most recent survey report, which resulted in about 20,000 responses.

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