6 Reasons to Become a Medical Billing and Coding Specialist

Medical billing and coding is a dynamic, challenging occupation that allows you to help other people. It offers flexibility, requires a relatively short period of education and provides opportunities to advance or even start your own business.

Here are six good reasons to become a medical billing and coding specialist.

1. Education

Medical coding and billing programs are offered at many educational institutions. Both post-secondary certificate and associate degree programs are available. Online programs are available. Training typically takes nine to 24 months. Typical courses include:

• Anatomy and physiology
• Classification and coding systems
• Health data requirements and standards
• Healthcare reimbursement methods.

2. Flexibility

Medical billing and coding is a task that can be performed at any hour of the day or night. Unlike many kinds of work, it is the sort of thing that can be done piecemeal as time allows. Ideal for a parent with children at home, it is not physically taxing, which makes it available to those with disabilities. Some billers work for organizations while others freelance.

3. Portability

There is not a state in the union in which medical billing and coding is not a viable occupation. Unlike some occupations, you can perform this work pretty much anywhere. Since almost everything is performed online, you can relocate and pick the work back up or create a new service in your new location.

4. Work Remotely

Medical billing and coding readily lends itself to remote work. Many billers and coders work from home. The expense to set up your workspace is minimal. It is critical, however, that you have a reliable phone, DSL and internet service. Not only does this assure your ability to perform your work, but it allows consistent availability for conference calls, organization meetings, and training.

5. Salary

You can make a good living in the medical billing and coding field. The US Bureau of Labor Statistics (BLS) reports that in 2018 salaries for this occupation ranged from $35,520 to $43,470. Hospitals were the highest-paying work setting and physicians’ offices were the lowest. Certification – which is usually preferred or required – may increase your wages. Certain specialties within the field may also offer additional income.

6. Potential

The job outlook for medical billers and coders is excellent, according to the BLS. Job growth of approximately 13 percent is projected through 2020. That’s more than twice the average projected job growth across all occupations. This is also a field in which you can become a business owner with minimal outlay, especially if you hire freelancers.

If you’re interested in learning more about a career as a medical coding and billing specialist, please contact us today. You can start your education immediately and could be working in the field within a year.