A healthcare facility is not something that can succeed through the work of doctors and nurses alone. There are many behind the scenes workers who labor diligently to promote a successful establishment, such as those working in healthcare information management (HIM). These individuals protect and maintain patient information in an effort to create accurate patient records.
Contributing to the success of a work place can be a great feeling, but making money is also pretty great. So let’s get down to the financial aspect of a career in HIM.
Becoming a manager for health information services is not the only option you have as a HIM professional. Here’s a breakdown of three career options you have as a HIM and the salaries that you can expect:
|HIM CAREER||SALARY RANGE||SALARY MEDIAN|
|HIM Supervisor||$38,000 – $59,000||$49,489|
|HIM Manager||$39,000 – $82,000||$56,373|
|HIM Director||$44,000 – $124,000||$70,386|
* Salaries reported by Payscale in 2019
With the Bureau of Labor and Statistics (BLS) reporting the annual salary to be $40,350 for health information specialists, this puts HIM professionals around or above the national average.
What Can Impact Salary?
It’s safe to say that one career does not always pay the same. You can be working in Texas with the same job title as an individual working in New York and make an extremely different salary. For a career in HIM you can expect the following factors to impact your salary:
Now that you know what can impact your salary, it’s important to know how it can impact you salary.
No matter what kind of work you do, where you live has one of the biggest impacts on how much money you make. Every state, and even city, has a different cost of living. One of the best examples is New York City. Living in New York City requires a higher rate of income than living in a small rural town. Because of this, someone living in a rural area might not make as much as someone living in a metropolitan area.
Have you ever applied for a job and been turned away because of experience? As frustrating as it can be, sticking with a career and gaining experience can be the difference between earning an entry-level salary or a more advanced salary. Supervisors in HIM can be required to have two years of experience. HIM managers are often expected to have three to five years. Directors earn the highest HIM salary and typically have about ten years of experience.
There are HIM degree options at the associate’s, bachelor’s and master’s level. Earning an associate’s degree for HIM can be a great place to start your career. But for higher paying HIM jobs, employers typically look for those who have taken the initiative to earn a bachelor’s or master’s degree. Depending on your career goals and what type of salary you seek to earn, earning a more advanced degree could be beneficial for you.
Just as an advanced education can help you earn a higher salary in HIM, so can advanced certifications. Earning certifications is a way to show employers that you care about and are dedicated to your career. It also proves that you have the necessary knowledge and skills to perform the job successfully. If you were the employer and had to decide between a certified applicant and a non-certified applicant, who would you choose?
There are many different types of healthcare facilities. Some function on a much smaller scale, while others are large, fast-paced organizations. The BLS has ranked the different healthcare facilities from those with the highest health information services salaries to the lowest:
- Professional, scientific and technical
- Administrative and support services
- Nursing care facilities
- Offices of physicians
What’s the Future for HIM?
As healthcare becomes more widely accessible than ever before, more people seek out medical care. That means more medical records will need to be created, maintained and monitored, which creates a growing need for support in health information services.
Projected Job Growth
The U.S. Bureau of Labor Statistics (BLS) anticipates a 13 percent growth over the next decade at least. With the average job growth at seven percent, HIM professionals should anticipate a bright future.
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