Types of Jobs in Medical Billing and Coding
In the field of medical billing and coding, you might work for:
- General hospitals
- Surgical hospitals
- Doctors’ offices
- Nursing care facilities
- Outpatient care facilities
- Insurance companies
- Health Maintenance Organizations (HMOs)
- Medical billing companies
- Government agencies
The Professional Environment
Most jobs in the field of medical billing and coding take place in an office setting. You will spend much of your time on the telephone, talking with patients, health care providers, and insurance representatives. You will also use computers to conduct much of your work, using software that is specialized for medical billing and coding purposes. Some medical billing and coding specialists can even work from home.
Employment Outlook
Details on the job outlook for health claims specialists can be found in the U.S. Department of Labor’s Occupational Outlook Handbook.
Job Outlook: According to the Occupational Outlook Handbook, employment in medical billing and coding and health claims is expected to grow much faster than the average.
While job prospects for all medical billers and coders should be good, those with expertise in technology and computer software will have the best opportunities. The handbook indicates that the widespread use of Electronic Health Records should lead to an increased need for technicians to manage the information.
Employment change: According to the Occupational Outlook Handbook, employment of medical records and health information technicians is expected to increase by 15 percent from 2014 to 2024, much faster than the average for all occupations. The handbook states, “The demand for health services is expected to increase as the population ages.” An aging population means more medical tests, treatments, procedures, and claims. All of this translates into job growth in this field.
Earnings/Salary Information
The earnings of medical billers and coders vary, depending on their experience, skill level, and location. Medical billers and coders with certification and experience often have better job opportunities and job security than those without certification. Entry-level medical billers and coders typically earn less than more experienced ones. But as you gain more on-the-job experience and perform satisfactorily in your job, you can expect your salary to increase over time. More details on salary trends among medical billers and coders can be found in the U.S. Department of Labor’s Occupational Outlook Handbook.
Medical Billing and Coding Certification
While taking a certification exam is not required for students of the Medical Billing and Coding program, earning a certification gives you credibility and marketability. We encourage graduates of the program to sit for the Certified Professional Coder exam offered by the American Academy of Professional Coders. Depending on your campus and your career focus, you may be eligible to take other certification exams as well. Earning a certification will give you the added advantage of entering your new job field with proven skills.
Considering a Different Career?
Still not sure if the Medical Billing and Coding program is right for you? At Branford Hall Career Institute, we offer a range of career options that will start you on the path to a more satisfying job and a better life for you. Take a look at our list of programs to find the right one for you.