Choosing the Best Online Medical Billing and Coding Program for You
Prepare for a career in medical billing and coding. Learn how to choose the best online medical billing and coding program for you with this guide from DeVry.
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May 13, 2023
8 min read
If you want to work in a growing field that allows you to support the needs of patients and medical professionals while contributing to the overall improvement of the quality of healthcare delivered in your community, medical billing and coding may be the right fit for you.
One question that many people ask is whether or not you can do medical coding from home. While the answer varies from employer to employer and type of medical facility, some companies are embracing the idea of medical coding from home, as well as hybrid medical coding work from home and work in-office models. If this sounds like something you’d like to do, read on to learn how you can prepare to pursue a medical billing and coding career that fits your lifestyle and professional goals.
With more organizations supporting flexible working arrangements, it is possible to work from home. Depending on your role, here are some potential advantages of doing medical coding from home:
Another advantage of medical billing and coding is the overall growth for this occupation. The U.S. Bureau of Labor Statistics (BLS) predicts employment of Medical Records Specialists to grow by 8% from 2022 to 2032, with about 16,500 projected job openings for medical records specialists each year, on average, over the decade.1 This growth is projected on a national level and local growth will vary by location. This projection is not specific to DeVry University graduates and may include earners at all stages of their careers.
As with any remote job, doing medical billing and coding from home might come with some challenges. Here are a few things to consider:
Requirements for medical billing and coding jobs tend to vary from one employer to another. Many medical billing and coding positions may require a post-secondary credential in medical billing and coding, such as an undergraduate certificate. A good way to find a quality educational program is to look for one that includes preparation for industry-recognized certification exams such as:
At DeVry, our online Medical Billing and Coding Certificate Programs help you build a foundation of knowledge in medical billing and coding, while simultaneously preparing you to pursue these exams. Should you choose to continue your education, the qualifying credits earned in your certificate program may be applied toward a related associate or bachelor’s degree at DeVry.2
It’s important to know what specific skills employers may be looking for, and what skills will help you perform the duties and responsibilities of the medical biller and coder’s job most effectively. Whether in a work-from-home or healthcare provider setting, examples of important skills you should develop as a medical biller and coder include:
If you have a strong desire to start your own business, you certainly could. Medical billing and coding is a type of business that can effectively be started from your home. The capital expense – money that you have to lay out to buy equipment, furniture and fixtures – is minimal, and there are no specific state or federal licensing requirements.
Once you’ve acquired the education and skills for medical billing, and have some experience working in a healthcare setting, the process of opening your own home-based medical billing company may be kicked off by following a number of steps familiar to any entrepreneur, including:
The healthcare organizations you will ultimately be working for will most likely require you to be certified, so it’s a good idea to earn industry certifications for medical billing and coding, such as the ones we’ve described above, prior to launching your business.
If you need to secure financing to purchase software and computer equipment, make sure your finances are in order and your credit score is strong before heading to the bank.
Many people wonder if they should focus on a particular specialty in the healthcare industry when looking to pursue medical billing from home. You may be thinking, are more remote opportunities available in different workplaces, such as dentists, cardiologists or chiropractors?
Ultimately, whether you can work from home in medical billing and coding will depend on the specific position you choose. If you’re curious about the opportunities available in your area, it can be helpful to do a preliminary job search to explore various roles along with the job responsibilities and any location or educational requirements. From there you can narrow down your search to the organizations and roles that best meet your needs.
Get up to speed on today’s industry trends, career paths and education options with our latest medical billing and coding articles.
1 https://www.bls.gov/ooh/healthcare/medical-records-and-health-information-technicians.htm
2For the MBC certificate program, all but one course stacks into our Associate Degree in Health Information Technology. For the AHIT program, all but one course stacks into our Bachelor’s in Technical Management degree with a Specialization in Health Information Management. Program availability varies by location. At the time of application to the next credential level, an evaluation of qualifying transfer credit will occur and the most beneficial outcome will be applied.
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