10 Reasons to Start a Medical Billing & Coding Specialist Career

10 Reasons to Start a Medical Billing & Coding Specialist Career

With medical billing & coding specialist career a relatively low barrier to entry, you may enter the healthcare industry quickly with the help of medical billing and rendering instruments. Although you won't deal with cases on a daily basis in this executive role, it's essential to the smooth operation of our healthcare system. Here are some reasons to begin a profession in medical billing and rendering.

Enjoy a rewarding career in healthcare

A fulfilling profession in healthcare does not need you to provide patient care. In your role as a medical biller and coder, you will be in charge of making sure that medical professionals accept payment for the services they perform and assisting patients in receiving the most out of their insurance.

Work in a variety of settings

Hospitals, croakers' services, and insurance companies are the most typical work environments for medical billing and rendering. Medical billers and coders have also been known to work for government organizations, such as Medicaid programs and the National Center for Health Statistics. It is true that some medical billers and renderers work for businesses that provide medical software, while others are employed by universities that provide medical biller and coder training. It's possible that you can choose to work from home.

Earn a great salary

According to the Bureau of Labor Statistics (BLS), the typical  medical billing and coding salary in the United States is $44,090. However, earning a certification in medical billing and coding can increase your income. According to a study by the American Academy of Professional Coders (AAPC), the average annual income of a certified professional is $55,923. Moreover, this AAPC study shows that earning more certifications will only increase your future salary. The average pay for a dually certified medical billing and coding professional  is $64,890. The average salary for someone with three certifications is $70,608.

Experience predictable work hours

Medical billing and coding employment do not demand you to work weekends, holidays, or all hours of the day like most healthcare vocations do. You'll have a steady schedule, and more and more medical coders and billers are able to work from home.

Medical billers & coders Specialist in high demand

Medical billing and coding jobs are expected to grow  8% by 2029. The BLS reports that this job growth is double the national average, and it projects that  an additional 29,000 new  medical billing and coding jobs will be created over the next eight years.

Ensure employment security during an economic downturn

It is anticipated that there will continue to be a need for certified medical billers and coders in the future. Indeed, as the US population ages, there will likely be an increase in jobs in this sector. With an aging population comes an increased need to file claims with insurance companies in order to get paid back for the increased amount of medical care.

Start a  new career within one year

You can pursue a career in the medical field without completing years of training. In just one year, you can complete an advanced online course in medical billing and coding and work in a new field. This online course will equip you with the necessary knowledge and skills to succeed in a medical billing or coding job. Plus, it will prepare you to earn a highly-respected certification in the medical billing and coding field, which can help you earn more and get more recognition for your talents.

Provide  vital services as part of the healthcare team

As a medical coder and biller, you accurately record patient diagnoses  and  submit claims to insurance companies. Without this profession, medical professionals would not be properly compensated for the care they provide. Moreover, ensuring accuracy in your tasks requires you to pay attention to detail and actively collaborate with others.

There is room for advancement

As a medical biller and medical coder, you can pursue a variety of career paths to advance in the healthcare industry. After gaining experience, you could become a medical or health services manager or a billing and coding manager. If you want to go back to school for a degree in data management, nursing or even a first medical degree, you can use your understanding of medical terminology and the healthcare system to your advantage as a medical biller or medical programmer.

Train entirely online

Did you know you can complete all  the training you need for a  medical coding and billing job online? Our online  medical billing and coding courses provide you with plenty of hands-on experience. Each lesson begins with a scenario-based "Reality Check" feature that gives you a realistic look at possible scenarios. Then, the "Practice" feature in the "Review" section presents you with "real-life" billing and coding scenarios, along with follow-up questions to assess your understanding of the material. Activities and tasks, such as coding and application forms, also provide you with hands-on experience and practice with many types of materials you'll encounter in the workplace.