Medical Billing & Coding Careers Overview
There is an enormous demand for skilled medical billing and coding professionals in healthcare, the largest industry in the U.S. In fact, employment in this field has been projected to grow 15 percent from 2014 to 2024, much faster than the average*. There are several reasons for this dramatic increase in medical billing and coding career opportunities. As the nation ages, the demand for healthcare services is expected to increase substantially. At the same time, many organizations are still in the process of converting to electronic medical records (EMRs) and will be challenged to keep up. In addition, the current coding system used nationwide is being updated, and many medical coders have indicated that they might retire rather than learn the new system, further increasing the opportunities for new medical billers and coders.
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*Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2016-17 Edition, Medical Records and Health Information Technicians, retrieved from http://www.bls.gov/ooh/healthcare/medical-records-and-health-information-technicians.htm on June 2016.
Areas of Opportunity
Opportunities for Advancement
When you earn your certificate in Medical Billing and Coding from DeVry University, you can be preparing for a job in a booming career field. The healthcare industry depends on skilled, qualified medical insurance coders to accurately record, register and track of each patient's account.
- Coders – Medical coders have much less interaction with insurance companies and spend most of their time assessing and coding data. Every duty performed in a medical office has a particular code assigned to it and it needs to be coded properly for billing and reimbursement purposes.
Medical billing and coding career opportunities can be found in a wide variety of settings, such as:
- Physicians' offices
- Medical billing services
- Emergency rooms
- Ambulatory centers
- Insurance companies
When you earn your Undergraduate Certificate in Medical Billing and Coding, you will discover a number of medical billing and coding career opportunities in this booming field. Here are a few examples:
- Health Information Clerk
- Medical Records Analyst
- Medical Records Clerk
- Medical Records Coordinator
- Medical Records Technician (Medical Records Tech)
For related career paths, see degree programs offered by the College of Health Sciences.
Medical billing and coding professionals may advance into other health information positions after completing a bachelor’s or master’s degree program and taking any required certification courses. These opportunities could include:
- Health Information Management Technicians
- Health Information Manager