If you are interested in an exciting career in the medical industry, then you may want to consider medical billing and coding. According to the Bureau of Labor Statistics, job opportunities in medical billing and coding are expected to grow much faster than average through 2024, with nearly 30,000 jobs opening up during that time. The first step to becoming a successful medical records technician is to get educated. Here is what you need to know to make your decision.
The Work Environment and Importance
Medical records and health information technicians work in hospitals, physician offices, and other health care settings. While there is generally no patient contact, the contribution that these technicians make to the health care industry is invaluable. Medical billing and coding specialists help to ensure that doctors and hospitals get reimbursed for the care that they deliver so that they can keep their doors open and the lights on. Without proper billing practices, health care providers can fail to collect tens of thousands of dollars in earned revenue and that directly impacts their ability to maintain facilities, purchase equipment, and deliver patient care.
What About the Education?
Medical coding and billing is a job that requires an understanding of health care lingo and billing practices. Through comprehensive education, students learn about the International Statistical Classification of Diseases and Related Health Problems (ICD) coding system, the Health Care Procedure Coding System (HCPDS), and learn medical terminology through texts like Current Procedural Terminology.
The length of training for medical billing and coding varies widely based on the needs of the individual. Part-time programs can take up to two years to complete file fast-track programs give students everything they need in a little as nine months. The variety of schooling options allows every individual to tailor an education to meet specific needs.
Online or In-Person
One of the great things about medical billing and coding is that the curriculum is well-suited to distance and online learning. Students are able to watch lectures online and take tests via the internet. The online format is not only more convenient, but more affordable too. Without buildings to heat and maintain, online schools can dispense with a lot of overhead and pass those savings on to students.
How to Get Started
If you are interested in medical billing and coding as a career, call The Allen School in Phoenix, AZ to learn more about your options for financing and about flexible class offerings. The job market for medical billing is really starting to heat up, so now is a great time to get a great education.