Medical Billing and Coding Careers
Each procedure and diagnosis has an assigned code and for a hospital, diagnostic center or medical provider's office to be reimbursed by an insurance company these codes need to be entered and filed correctly. The relationship between health care providing facilities and health insurance companies has become quite complex with regards to coding and billing. These complexities have created a high demand for professionals formally trained and certified in this field. This is an opportunistic time to become a medical billing and coding specialist.
Become a Medical Billing and Coding Specialist...
Medical Billing & Coding Resources
This is obviously a new era in health care we are entering an many new opportunities for formally trained professionals in health care have been created. A new trend in medical billing and coding has been to freelance or work from home, processing claims and related duties. This is an exciting new vertical to pursue.
The first step to becoming a medical billing and coding specialist is to earn a degree in medical billing and coding, health care information systems or health care administration. An associate degree will get you in the door and qualify you to sit for the national certification exams. If you are interested in an administrator level coding position a bachelor's degree will be necessary. We are here to help you find a program that fits your career goals.
Salary for Medical Billing and Coding
The American Academy of Professional Coders (AAPC) 2007 salary survey found that certified medical coders earn, on average, 17% more than non-certified coders. The (AAPC) found reported that coders with a bachelor's degree earned $40,000 to $45,000 a year, while those with an associate's or some college earned $30,000 to $35,000 a year. They found that administrator and consultants averaged more than $85,000 a year. These salaries are consistent with salary.com and payscale. Salaries are impacted by location, facility size, experience, education and other factors. Make sure to check with the employer to see what type of medical billing and coding certification they require and if it will be financially beneficial for you to pursue.