Are you’re interested in all the advantages a job in healthcare provides, without having to work with patients? Think about getting a degree in medical billing and coding online. It takes as little as six months to complete training before you start working in an entirely different field. Read on to find out more.
What Is Medical Billing and Coding?
Every health care facility depends on people who do medical billing and coding because they turn every procedure into a code which is then handed off to insurance companies. Without this position, hospitals and other facilities couldn’t give out an accurate invoice and serve as many patients as they do.
Benefits of a Degree and Career in Medical Billing and Coding
1. Great Job Outlook
The demand for those who complete an online degree in medical billing and coding is set to grow 11% between 2018 and 2028, according to the U.S. Bureau of Labor Statistics (BLS). [1] If you start a training program today, you can be sure that you’ll have a job waiting for you by the time you finish it.
2. Excellent Job Flexibility
Those who complete an online course for medical billing and coding will have plenty of jobs to choose from. You can apply to work in a hospital, nursing home, at a doctor’s office, or even work from home over the internet.
3. The Chance to Do Rewarding Work
Health care administrators rely heavily on medical coding and billing professionals to keep a facility running smoothly and patients happy. It can be very rewarding work.
4. Well-Paying Job Positions
Medical billing and coding positions pay much more than the federal minimum. In fact, you can earn up to $66,000 per year, or a median salary of $40,000, according to website AllAliedHealthSchools. [2]
How to Get a Degree in Medical Billing and Coding?
The best way to get a degree in medical billing and coding is to study online. This will cut commuting costs and save you both time and money while offering flexibility. Numerous online courses and programs exist, and all that you have to do is make sure that what you choose is accredited by the Commission on Accreditation of Health Information Management. Finally, while the course might only last between 6 and 12 months, you will reap the benefits for years to come.
What Jobs Are Available with a Medical Billing and Coding Degree?
An online degree in medical coding and billing opens quite a lot of doors and opportunities. Here are just a few of the job listings you can find online:
Title: Medical Records and Health Information Technician
Description: Translate medical procedures, services, and supplies into codes for billing of insurance claims.
Annual Salary: $39,000
Title: Certified Compliance Officer
Description: Investigate and evaluate processes so that they adhere to industry standards and regulations.
Annual Salary: $67,000
Title: Medical Transcriptionist
Description: Uses doctor dictations to create medical transcripts for chart work.Annual Salary: $35,000
[1]https://www.bls.gov/ooh/healthcare/medical-records-and-health-information-technicians.htm#tab-5
[2]https://www.allalliedhealthschools.com/medical-billing-coding/medical-billing-and-coding-salary/