How to Make Your Next Coding Specialist Hire

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Last updated at 09-17-2020 20:31:31

Overview

Methodology

More than 4,491 companies advertise 18,611 Coding Specialist jobs on SimplyHired and its partner sites each year. After analyzing job postings and salary information from these companies, as well as direct job seeker feedback, we’ve compiled a list of insights to show you how to attract and hire your next Coding Specialist most efficiently.

Hiring Process

In the past quarter, we’ve seen 5,094 job posts from 1,887 employers in the United States. This is a increase of 5.8% compared to the previous quarter. On average, there are 106 Coding Specialist job seekers for every active Coding Specialist job, which shows that it is an employer's market.

Writing a Job Description

In the past quarter, Coding Specialist, Medical Biller, Adjuster, Senior Coder, Customer Service Representative, Auditor, Billing Specialist, Revenue Cycle Specialist, Data Entry Clerk, and Receptionist seem to be the most sought after jobs amongst the Coding Specialist candidates in the United States. This differs from the last six quarters, where the most popular titles were: Coding Specialist, Medical Biller, Senior Coder, Customer Service Representative, Adjuster, Auditor, Billing Specialist, Revenue Cycle Specialist, Administrative Assistant, and Receptionist. If you use one of these currently popular titles in the job description, you'll likely be able to attract a lot more candidates to apply.

For the Coding Specialist candidates who are actively applying to jobs in this same period, we see that 5.9% of the active Coding Specialist candidates have less than 3 years of experience, 7.7% have between 3-5 years of experience, 21.9% have 6-10 years of experience, and 64.5% have over 10 years of experience. The average years of experience has shifted from an estimated 13.0 years to 12.9 years. If you're posting a job in today's market, expect candidates with about the same experience level to apply to your job compared to the last 2 quarters.

In the previous quarter, the most popular skills that employers are looking for include cpt coding, icd-10, communication skills, medical coding, medical terminology, computer skills, Microsoft Excel, icd-9, documentation review, and anatomy knowledge. Demand for documentation review, windows, medicare, English, time management, customer service, analysis skills, medical coding, computer literacy, and organizational skills has significantly increased. If you are looking for a Coding Specialist with a similar skill set, be sure to follow industry best practices in skill requirements.

Job posts with salary information received about 1.0 as many applies as those without it. In the past quarter, less than 18.4% of the job posts displayed salary information. By adding salary information to your job posting, you could potentially increase the number of applicants by approximately 0.0%.

Example Coding Specialist responsibilities

  • Review insurance forms and determine the codes that are to be assigned in order to claim reimbursement for health care services
  • Assign codes to patient's diagnoses and procedure codes
  • Assist in completing insurance forms
  • Compile numerical data into tables, graphs, charts, and other formats
  • Apply coding knowledge to other work assignments as needed

Recruiting

Active Recruiting

When reaching out to candidates, it’s best to understand where to look. We’ve identified hiring trends in states as well as companies regularly hiring for Coding Specialist positions. This should provide a good place to start looking for qualified candidates. According to our data in the last quarter: Texas, Florida, California, Arizona, and Georgia are the states that have the highest demand for Coding Specialists. Texas, Florida, California, Georgia, and Arizona are where most job seekers are searching for Coding Specialist jobs. If we look at the Coding Specialist to job ratio, New Jersey, Washington, South Dakota, New Mexico, and Montana have the lowest number of Coding Specialist applicants per job. New Hampshire, Minnesota, Louisiana, South Carolina, and Pennsylvania have the most active Coding Specialist job seekers per job.

Passive Recruiting

While actively recruiting candidates for your role, you should also post your job to SimplyHired. By posting for free and paying only for the qualified applicants you want, your post will automatically go to a network of job boards to reach millions of qualified candidates. With SimplyHired, it doesn’t end with the post. You can track your applicants throughout the hiring process with our simple and easy to use Applicant Tracking System (ATS).

Review Candidates

In the last quarter, we estimate there are 524,122 job seekers interested in Coding Specialist opportunities in the United States. That’s a 14.6% increase compared to the previous quarter with 469,365 active job seekers. Around 5.9% of the active Coding Specialist candidates have less than 3 years of experience, over 7.7% have between 3-5 years of experience, 21.9% have 6-10 years of experience, and 64.5% have over 10 years of experience. The average experience level of the available Coding Specialist candidates is 12.9 years. Active candidates in the Coding Specialist profession most commonly have associate's degrees, followed by high school diplomas, bachelor's degrees, and master's degrees. When setting education requirements for your position, aligning with the industry standard makes it easier to find potential candidates. Application rates indicate that Coding Specialist candidates are likely experiencing a market in which applicants have less negotiating power. From an employer perspective, you'll have a greater selection of candidates to choose from and may want to invest in automated screening tools.

Interviewing Candidates

Interview Process

*Self-reported data collected from 2,792 Coding Specialists from 1/1/2020 to 6/30/2020, via online employer reviews for companies including Optum, The CSI Companies, TeamHealth, UnitedHealth Group, Change Healthcare, himagine Solutions, EpiSource, Omega Healthcare, Maxim Healthcare Group, and CIOX Health.

After analyzing post-interview data from Coding Specialist candidates in the last 6 months, we see more than 35.0% of the candidates self-reported being hired within 1 to 2 days. Around 77.3% of the candidates for this job reported being hired within 2 weeks. If your process takes longer than 2 weeks in the recent market, you'll likely lose these candidates to other employers. Most of the Coding Specialist candidates are expecting a on-site interview, written test, phone call/screening, and background check. Most employers do not require a group interview or problem solving exercises. If you are trying to hire your next Coding Specialist quickly, consider simplifying and streamlining the hiring process. As for the interview experience, more than 71.7% of the candidates had a good or great interview experience, and more than 38% of the candidates thought that the interview leaned more towards easy.

Example Interview Questions

  • Are you interested in this position?
  • What is the biggest mistake you have made and why?
  • What are your goals in life or for your career?
  • How would you suggest we make money?
  • Is there anything we ask that you are uncomfortable with answering?

Final Review and Offer

Reference Check

Checking references is a quick and easy way to check for any red flags that didn’t arise to this point in the hiring process. Great insights can be provided by former colleagues and employers.

Crafting an Offer: Salary and Benefits

The average Coding Specialist salary offered by employers increased for 2 out of 6 consecutive quarters in the United States. In the last quarter, we see a decrease of 1% from $51,898.15 to $51,138.43 compared to the quarter before, which is on par with the past 6 quarters. For Coding Specialist positions, the most common benefits job seekers reported being offered by employers include: healthcare insurance by 87.8%, paid time off by 84.0%, dental insurance by 79.0%, vision insurance by 75.6%, a 401k plan by 73.9%, discounts by 27.3%, and stock options/grants by 7.6%. While still relatively rare, more and more employers now offer flexibility benefits, including location variety, maternity leave, sabbaticals, mostly remote, flexible working hours, paternity leave, fully remote, and somewhat remote, to attract and retain Coding Specialist candidates to their organization.

Background Check and Drug Test

According to self-reported job seeker feedback, 40.0% of the employers conducted a background check, and 29.5% of the employers conducted a drug test prior to the hiring of their Coding Specialist candidates.

Onboarding

When you’re ready to hire a Coding Specialist, SimplyHired is here to help with your next steps. Our Human Resources Information System (HRIS) provides onboarding tools and other essential HR tools. From document signing to time off tracking, our HRIS will help you seamlessly move a Coding Specialist candidate through the hiring and onboarding process.

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