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If you have been considering pursuing career as a health information manager, there is one question that is likely at the top of your list: what kind of salary can you expect to earn as a health information manager?
Just as with any career, the health information management salary you can expect to earn will vary according to the type of facility in which you are employed, the level of responsibility you take on, the geographic location of the facility and your years of experience. Still, there are some general health information management salary figures that you can take into consideration when trying to determine if this is the right career path for you.
According to the American Health Information Management Association, the average annual salary of professionals in the field was $57,370 in 2008, which represents $2,000 more than the average salary in 2006. Those who were employed by consulting services earned the most, with an annual income of $81,561, while those working for integrated healthcare delivery systems earned $73,615 and those working in a non-provider setting earned $68,683. Those who worked for educational institutions earned $58,039, while those working for acute care hospitals earned $55,218, those working for in other provider settings earned $54,094 and those working in the behavioral/mental health setting earned $49,692. Those who worked in the long-term care/nursing setting earned $45,613, while those working in clinics or in physician practices earned $45,574. Those who worked in ambulatory surgery centers earned $43,070 and those who worked in the home health field earned the least with an annual income of $41,415.
In addition to offering an attractive health information management salary, those employed in this field enjoy another important benefit: job security. In fact, the United States Bureau of Labor Statistics reports that employment opportunities in the field are expected to grow much faster than the average occupation. In fact, as new legal requirements continue to be placed on the health care community, the need for qualified health care managers and health information managers will continue to grow at a rapid pace.
Of course, in addition to enjoying an attractive health information management salary and job security, there are other benefits associated with pursuing a career in this field. For example, health information managers typically receive 401k packages as well as life, health, dental and vision insurance. Paid vacation and sick leave are also generally included in the benefits packages that health information managers receive in addition to their ample salaries.
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