Looking Into Medical Billing and Coding Jobs?

These days it’s harder than ever to find a reliable job which is in demand and which pays well.  The recession may not seem like a conducive environment for advancing professionally, but you can look at it as an opportunity to enter a new field which offers a greater degree of opportunity.  Medical billing and coding is a growing field which is attracting more and more professionals who want to earn a good salary while enjoying flexible choices as far as work environment and hours are concerned.  If that sounds like you, read on to discover all about medical billing and coding jobs.

Medical Billing And Coding JobsA lot of people make the assumption that medical billing and coding are one and the same profession, but they aren’t.  These are two distinctly different jobs.  There are professionals who do both jobs, but that does involve double the training, and you can make a great living doing just one or the other.  Medical billing and coding jobs are classified as health information technician roles.  According to the Bureau of Labor Statistics (BLS), there is a swiftly increasing demand for professionals to fill these roles.  While demand for most professions are projected to increase by around 10% between now and 2018, the demand for medical billers and coders and similar professions is expected to expand at double that rate.

Why is there such a huge demand for medical billers and coders?  Medical care is an evergreen profession; no matter what changes take place in the world, people will always need medical care for their ailments and injuries.  Physicians will always need to classify conditions, treatments and tests, which is why they will always need medical coders, and they will always need to get paid, which is why they will always need medical billers.  Both are necessary adjuncts to physicians, clinics and hospitals.

All medical conditions, procedures, treatments, tests and services performed in hospitals, outpatient facilities, clinics and more need to be classified with numeric and alphanumeric codes for the sake of simple, streamlined communication.  The information is much easier to search and analyze this way, whether it is a specific patient’s history which is being examined, or the services provided by an entire facility.  Medical coding makes it easier to treat patients and also to make administrative decisions about a facility and its staffing.

Medical billers use the codes provide by medical coders in order to properly bill patients and health insurance companies for various tests, treatments and other services.  It is also the medical biller’s job to follow up on all bills and to log payments, or figure out what’s going on if bills go unpaid.  Medical billers can help sort out confusion, put patients on payment plans, or send bills to collections if necessary.

How much would you get paid if you became a medical biller or coder?  Medical billers and coders can make anywhere from $20,000 to $50,000 a year.  The middle 50% according to the BLS make between $24,290 and $39,490.  The median income in 2008 was $30,610.  Medical billers and coders who work from home can expect to make anywhere from $10.00 to $25.00 an hour.

Why do some medical billers and coders make so much more than others?  One factor which might influence your salary is where you work.  Billers and coders who work for the government typically have among the highest salaries, while those who work in outpatient facilities and clinics tend to make the least amount of money.  The part of the country you work in could have an impact as well.

The level of your training and your job experience can also play a role in determining how much money you’ll make when you work as a medical biller or medical coder.  That’s one of the reasons it’s important to get the very best education you can at either a traditional college, a vocational school or an online school.  These flexible options let you choose the best type of training to fit your own schedule and needs.

What will you learn when you train for billing or coding?  For medical coding you’ll be taught about anatomy, physiology, and how to properly code various procedures and conditions into alphanumerical references which can be easily understood by hospital staff and physicians.  For medical billing you’ll have to learn how to interpret these codes and then apply the proper charges.  In order to process billing, you’ll have to learn information about the inner workings of health insurance companies and government programs.  You’ll learn about customer service too, since a huge part of your job will be to stay in touch with patients and insurance providers and others.  You’ll have to work out payment problems and make sure that the hospitals or clinics you represent get their money one way or another.  Often times patients and insurance companies don’t understand their roles, so it can be a complex job at times.

When you decide to pursue medical billing or coding, you are setting out on the path to a rewarding career.  Medical billing and coding aren’t just jobs, they are careers.  The skills you learn can help you get a great job, but they can also help you strike out on your own and work as a contractor.  That way you will always have a chance to find quality work with a great salary.  With that kind of independence ultimately can come greater stability.  Since the demand for medical billers and coders is increasing though, by the time you have completed an accredited training program there should be more openings than there are even today.

Medical billing and coding jobs are adaptable to your situation and schedule.  Whatever type of work environment you prefer (hospital, clinic, home office, etc.), you can find a job to suit you.  You can work full time or part time, and this is a wonderful option if you need or want to work out of your own house online.  How do you get started?  Just start researching medical billing and coding schools and pick a program which is perfect for you!

Matching School Ads

The goal of Virginia College lies in its responsibility to its students, the technical and business communities, and the general citizenry. We have a long history of offering new direction to students.

Programs:

  • Medical Billing and Coding Specialist Diploma
  • Medical Office Specialist Diploma
Locations:  Richmond

Experience the Rewards of Caring, With ECPI’s Medical Careers Institute, you can Earn Your Bachelor’s Degree in 2.5 Years or Your Associate’s Even Sooner through Our Year-Round Schedule!

 

What Are You Waiting For?

Programs:

  • Health Information Management - Associate's
Locations:  Newport News

The Metropolitan Institute of Health and Technology (MIHT) is dedicated to educating men and women to serve with confidence in the health and technology industry. MIHT provides career training for students to move forward in their chosen field of study, changing their lives for the better. MIHT strives to provide quality education with affordable tuition. Our staff works to determine the best financial options for students on an individualized level.

Programs:

  • Medical Billing & Coding
Locations:  Lorton
  • Impact your world with a degree from Walden. Start today!
  • Walden degree and certificate programs are designed for working professionals. Click for more information.
  • Receive personal attention from advisors in enrollment, financial aid, academics, and other support services to make the most of your online program.
  • Study worry-free knowing you have 24/7 access to Walden technical support.
  • Convenient start dates throughout the year

Programs:

  • M.B.A. in Healthcare Management
  • D.B.A. - Healthcare Management
  • M.B.A. in Healthcare System Improvement
  • Earn your Master of Public Health Online from GW in 12 months.
  • GRE waivers available for qualified applicants.
  • Advance your career in a range of industries, including epidemiology, public health and biostatistics.

Programs:

  • Executive Master of Health Administration
  • Do you have entrepreneurial visions to advance your career in the business world? Learn about the options available at GCU.
  • Earn a competitive bachelor's or master's degree in the areas of business administration, business analytics, accounting, marketing and more.
  • Many of our business degrees have attained elite accreditation from the Accreditation Council for Business Schools & Programs (ACBSP).
  • GCU nurtures the startup spirit, propelling your entrepreneurial visions on a powerful platform with opportunities to help you thrive.
  • Pursue a next-generation education with an online program or join Grand Canyon University's vibrant and growing campus community in beautiful Phoenix, Arizona.

Programs:

  • M.B.A.: Health Systems Management

Study for your graduate education with University of Illinois at Chicago. We offer master’s degree and post-master’s certificate programs in health informatics that can be completed 100% online.

Programs:

  • Master of Science in Health Informatics

Welcome to Argosy University

Argosy University offers doctoral, master's, and bachelor's degree programs to students through its eight colleges:  College of Behavioral Sciences, Graduate School of Business and Management, College of Education,  College of Health Sciences, College of Arts and Sciences, College of Creative Arts and Design, College of Clinical Psychology and Western State College of Law at Argosy University as well as certificate programs in many areas.

Programs:

  • Business Administration - Healthcare Management (BS) (Online)

Centura College, with campus locations in Virginia, South Carolina and Florida, is dedicated to helping students gain the skills and attitudes necessary to succeed. Drawing from over 30 years of career school experience.

Programs:

  • Health Information Technology
Locations:  Chesapeake
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).

Programs:

  • Master of Business Administration - Healthcare Management

Previous post:

Next post: