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!

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Preparing students for professional and personal success is what Berkeley College is all about. From career-focused degree and certificate programs offered in some of today’s most in-demand professions to extensive support resources, YOU are at the center of everything we do at Berkeley. Our commitment to students begins with their very first inquiries.
 

Programs:

  • Certificate in Medical Insurance, Billing, and Coding
  • AAS in Health Services Administration - Medical Insurance, Billing, and Coding
Locations:  Woodland Park
Get allied health training with Ross Medical Education Center. We offer programs in dental assisting, medical assisting, medical insurance billing and office administration, and pharmacy tech.

Programs:

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Locations:  Niles

About City College

Since 1984, City College, a private not-for-profit university, has been dedicated to providing a hands-on, practical and relevant college education to students in Florida and online. Our mission is to educate and train students in their chosen major, in preparation for employment in specific career fields. Whether you are a recent high school graduate, an adult thinking about returning to college, or a military veteran seeking a new civilian career, the City College Office of Admissions will help you make the right choice for your unique situation and begin a rewarding new career.

We offer our students an atmosphere of caring and respect. At City College you’re not just a student, you’re family.

Programs:

  • A.S. - A.H. - Medical Office Admin/Billing and Coding
Locations:  Fort Lauderdale

UEI College (Formally Anthem College – Bryman School) is for individuals who seek to achieve more with their lives through education and training. No matter what stage of life you find yourself in, it is never too late to set new goals for yourself.

Programs:

  • Medical Billing and Insurance Coding
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Advance your career at Dawn Career Institute. Gain the specialized knowledge and skills to help prepare you for a new career quickly and conveniently.

Programs:

  • Medical Billing and Coding Specialist
Locations:  Wilmington

Ultimate Medical Academy is a nonprofit healthcare career school—and students are at the heart of everything we do. That’s why we offer exclusive student services through your career training and beyond, beginning from the time you enroll online or at our campus in Clearwater, FL. We’ll also guide you toward the right program for your goals, and help you understand the affordability of your career training. So let us know you’re interested, and we’ll discuss how UMA can help you succeed.

 

Gainful employment information can be found at UltimateMedical.edu/gainful-employment and includes information on tuition, loan debt, completion, placement, and occupations.

Programs:

  • A.S. - Medical Billing & Coding
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Since 1977, Keiser University has maintained a practical, hands-on approach to career-focused education to help our students achieve their personal and professional goals. Our student-centered approach remains at the foundation of the Keiser University mission and continues to attract students who prefer a more personal learning experience. 

 

Programs:

  • Associate of Science in Medical Administrative Billing and Coding
Locations:  Naples
A Tradition of Excellence since 1918

No matter what occupation you choose to pursue, the competition for a good job is fierce. Lansdale School of Business (LSB) can help you stand out from the rest by teaching you the specific skills you need to succeed in the career you desire.

Programs:

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Locations:  North Wales

Our mission is YOUR SUCCESS!

When you succeed, we succeed.  That is why we provide high-quality, specialized career preparation for all our students. Our goal is to help you find your rewarding career.

Our Mission Statement:

To provide high-quality, specialized career preparation or enhancement to meet and cope with technological changes resulting in employment and career success.

Programs:

  • Medical Insurance Billing & Coding (MIBC), AAS
  • Medical Insurance Billing & Coding (MIBC), Diploma
Locations:  El Paso

At UEI College, we want you to succeed. We’re like a family and we want you to be a part of it. From the moment you enter ourschool, to graduation and beyond, we are right there with you.

Programs:

  • Medical Billing & Insurance Coding (10-Month Diploma Program)
Locations:  Anaheim

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