Learn why this medical profession may appeal to you
Situated at the intersection of where the physician’s offices and hospitals meet the insurance companies, medical billing and coding specialists play an important role in allowing both groups to do their jobs more efficiently. Physician’s spend more time with patients; insurance companies process claims faster; patients are reassured their statements are accurate. If you are looking for a back-office role in the medical field, why not consider this important role?
Medical billing and coding specialists spend the day reviewing patient charts and assigning the correct diagnostic codes to help create invoices or claims. They ensure that patients receive the services their insurance plans cover, and the healthcare provider receives payment for services in a timely manner. It requires organization, the ability to work independently, accuracy, attention to detail, and the desire to learn medical terms. Below are some reasons you may want to give this career a closer look.
Use your skill set
If you are highly organized, detail-oriented, and have good critical thinking and communication skills, you will be able to draw on these traits as you search for the correct procedures and diagnoses. You may also work individually, so you must be comfortable with having fewer interactions with others as you perform your duties.
While most careers in the medical field require years of training or schooling, you can prepare to become a medical billing and coding specialist in about one year. This in-depth training in a short time may appeal to you if you are looking to switch careers or if you want to enter the workforce quicker.
Many medical billing and coding specialists can find jobs with a variety of employers. You may find positions on the clinical side, such as in physician’s offices, hospitals, urgent care centers, long-term care facilities, or specialists offices. Others may end up with an insurance company, medical billing company, or government agency.
While many healthcare workers put in long hours, medical billing and coding offers more standardized hours. If a steady routine or more work/life balance is important to you, many in this career have a predictable, 40-hour a week schedule. Although, some 24-hour facilities may require evening or weekend hours. Opportunities to work from home also are increasing.
Continual job learning
If you like to learn, this profession offers many opportunities. The complex rules and regulations that cover this industry are continually changing. Coding systems also are updated. These changes can help your mind stay active on the job and keep you on top of new technology.
Many people considering a position in the healthcare field are attracted to medical billing and coding specialist jobs due to the growth opportunities in this field. According to the U.S. Department of Labor's Occupational Outlook Handbook, “Employment of health information technicians is projected to grow 15 percent from 2014 to 2024, much faster than the average for all occupations.”
Starting your career as a medical billing and coding specialist may lead to other roles as you gain experience. You will be in a role where you can familiarize yourself with different aspects of the healthcare industry. It also offers the flexibility to find similar positions across the country if you wanted to move closer to home or venture somewhere new.
If you want to work in the healthcare industry, have organizational skills, and like to work independently, you may find this career a good way to work in an industry that is built on helping people.
If this sounds like a career that may interest you, why not take the next step? If you want to know more, read FAQs about Medical Billing and Coding Programs.