When you have a plan to attend the Health Information Technology program, you may be confused about which program has a good potential for the future. Considering there are a number of programs that are included in Health Information Technology.
In order to find the proper health program for you, you may need to do a little bit of research to convince you whether the program you will choose has potential or not. How about a Medical Billing and Coding program? Do you wonder about this program whether it is right for you or not? To find out some points about it, let’s see our post below!
Does the Medical Billing and Coding Program Have a Good Potential?
The U.S News and World Report 2021 reported that the medical billing program is ranked 24th on the list of the Best Jobs Without A College Degree. Over the past years, the education and health services job professions have experienced an even bigger growth, of 2,8%.
In fact, the American population is growing and they are loving longer. Of course, the adults typically have more health issues that may need the extra health care. With the increasing needs of people in terms of health, of course it will cause the number of health workers needed to increase as well.
According to the U.S. Bureau of Labor Statistics, the medical billers and coders growth looks good where to keep up with increased demand from 2018 to 2028, the healthcare industry actually needs about 11% more medical records technicians including the billers and coders.
The BSL also reported that medical billing and coding specialists as well as other medical records technicians definitely have a median salary of $40,350 in 2018. At the bottom end, the 10% paid the least earned less than $26,550. People who are in the top 10% had salaries exceeding $66,260.
Well, those reports are proof that the medical billing and coding specialists are the high demand profession in the United States. Certainly, with the high demand, higher wages will also come with higher wages each year.
For the future, it continues to look bright for medical coding professions. Of course, the medical billing and coding professions are expected to grow at a much faster rate than average. In this case, most medical coding specialists will work in clinics and hospitals, however some work-from-home chances are also available.
The point is, the medical billing and coding professions will also have a good potential for advancement opportunities when you get more experience. It’s totally clear that the medical billing and coding knowledge will lead to a prosperous career for many years to come.
What Are the Benefits of Being a Medical Biller and Coder?
Sure, there are a number of advantages if you are a medical coder or biller, especially if you already get the hang of this field. In this chance, we emphasize that the medical biller and coder is a predictable job with great pay. This profession can be mentioned as a reliably secure career choice with the current high-demand.
Talking about salary, the medical biller and coder will earn consistent and steady salary. You will also earn your medical billing and coding certificate online in as little as four months. Furthermore, you will not need a degree to qualify for a medical coder certification.
In the case of relocation, it is very easy with high demand nationwide. Need to know, the experienced medical billers and coders are able to apply for remote positions and work from home, with plentiful advancement opportunities.
How Long Does It Take to Be a Medical Biller and Coder?
Talking about how long it takes to be a medical biller and coder will depend on your capabilities. If you prefer to pursue a traditional education at a college campus to earn your degree, it may take around 2 to 4 years to gain your medical coding certificate.
Because a degree is not required for this job, it’s better for you to enroll in an expedited program and also complete your training a great deal sooner than 2 to 4 years. If you take an online format, it may allow you to train on your own schedule and at your own pace.
Generally, the medical billing and coding program includes 12 months of program access if you really need extra time. Some colleges that provide medical billing and coding will provide a number of resources to help you to be successful during your certification in the case of helping you find a new job in Medical Billing and Coding, after you have completed your certification.
How Does the Training and Certification Perform?
During training, you will take some courses in medical terminology, anatomy and also physiology. Sure, you will understand the documents you deal with. You will also learn about medical ethics, classification and coding systems as well as the use of medical billing and coding software.
Need to know, the training in medical billing and coding are basically offered at community colleges, commercial schools and technical schools. The programs that prepare you to pass a certification exam will typically take 9 to 11 months.
If you have a basic in health care, you may also need less time to get the certificate. An associate program may take about two years. In fact, some employees commonly train you on the job, however they usually want you to be certified. In other words, some employees may prefer a candidate who has a medical billing and coding certificate when applying for the job.
The certification exams of medical billing and coding are generally provided by organizations like the American Medical Billing Association and American Academy of Professional Coders.
As a medical biller and coder, you probably find yourself working in a clinic, hospital, doctor’s office, nurse care facility or also for a home health care provider. The most job that the medical billing and coding do is office work where you will spend a lot of time using a computer. So, it’s worth it to choose the medical billing and coding program to get a good potential career.
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