Income Potential With A Career In Health Information Technology

0

Health Information Technology, or HIT is a dynamic and expanding field offering a great deal of job security.  With numerous studies from organizations like the Agency for Healthcare Research and Quality finding that HIT is crucial for ensuring better patient health, hospitals have been working with national guidelines enforced by HIPAA and the department of human services.  With so many positions open and more than 50,000 positions going unfilled around the country, HIT might be perfect for you.  So, how well does HIT pay?  Let’s take a moment to review the various pay brackets and see what education can get you.

  1. Begin With A Mastery Coding Credentials (CCS) or 6-Month Certificate Program

In the United States, the need for IT jobs across the board is not being met by the number of employees entering the market.  While the benefits and Impact of HIT has been well studied, few people entering the job market have considered it a viable option.  The reason for not considering HIT as professions most often have to do with a fear or aversion to computer coding.  The truth is that coding is a relatively small part of the job, especially at the low and middle end of the income bracket.  In truth, you can expect to do very well when pursuing a basic certification even without advanced coding knowledge.

Both of the certification programs above are aimed at getting people into entry-level positions in the field.  The average salary for an entry-level position is around $36,000.  Unless there is incredible demand, expect to be paid at a little less than this and gradually make your way up to it.  Getting into the field earlier gives you the chance to build the skills you need to more effectively handle any problems that may come your way.  Having this experience will increase the amount you can request in terms of a salary.

  1. Expand With A Two-Year Associates Degree or Four-Year Bachelor’s Degree

If you have time to devote to an education or are currently considering what you may want to major in when going to college, then consider either an associates or bachelor’s degree.  More than a simple certification, having a higher level of education means that you are both prepared for the coursework.  It also sets you up for a better position to grow through your job and receive promotions.  While few entry-level positions pay this well, you can expect around $46,000 after a few years of proving yourself.  Having a better understanding of coding and the underlying structure of the system you are using will come as a great benefit.

  1. Grow Your Potential Income With Advanced Credentials

As you begin and become accustomed to your career, you will have numerous opportunities to improve your income potential through continuing your education.  Advanced certifications and credentials can be obtained by taking courses in specific areas of your field, improving your specialty as well as the amount you will get paid.  Typically, people see around +$1,000-$5,000 added on to their salary thanks to their efforts in improving their credentials.

  1. Go All The Way With A Six/Seven-Year Master’s Degree

With greater education comes increased specialization within HIT leading to a higher overall wage.  At this stage, prepare to not only know everything there is about HIT, HIPAA, and The US Department of Health And Human Services regulations, but also how you can apply these to the setting where you work.  Average salary for such a position is around $56,772 with significantly more room for growth over time.

Find Jobs in the Health Information Technology field