Is a Certified Medical Coder a Stable Career?
The job market for medical billers and coders is about to kick off big style. The healthcare industry is finding it hard to fill all of the roles that are coming available.
Due to the healthcare reform, the aging population we have, and new technologies, there are more and more jobs. The switch from an old medical coding and billing system to a new one has a lot to do with the increase in work.
The new system is also much more in-depth, and there are many more codes available to use. This means it will take longer to learn the role in the first place, and more time will need to be spent doing the job as well.
Training to be a medical coder (in comparison to other medical careers), takes a minimal investment of time and money.
It typically takes less than two years to get fully trained and considering that short length of time, the salary is good. Salaries for medical billing and coding range from $27,000 to $54,000. With the average salary for certified medical coder’s being around $39,000. Medical coders working in the top 10% are earning more than $54,000 a year.
Those who learn advanced coding can expect to earn more than those with entry level skills. But, even the wage for an entry level medical biller/coder is not to be sniffed at.
At the moment, you don’t need to have attended any official education for you to apply for certified medical coder jobs. But, you can obtain professional certification that may help you stand out from the crowd and help you negotiate a higher wage.
These training courses help demonstrate you have a high level of skill and knowledge in the area. In the end, you will take a certified medical coder test, which will prove you are up to scratch on anatomy and physiology. The CPC (Certified Professional Coder) is the top certification in this profession and is the industry standard.
Plus, it’s a field that isn’t going to go away in the foreseeable future. People aren’t going to stop needing medical treatment, and it’s going to be a long time before a process like this could ever be automated.
If you are thinking about becoming a medical biller or coder, there couldn’t be a better time to do it. With the demand for medical coders expected to grow by 22% between 2012 and 2022, there are some serious job opportunities to be had.
The more skills you have, the more likely you are to be able to progress in this field. Applying yourself and making sure you gain qualifications where possible, will stand you in the best stead.