By 2029, the healthcare industry is expected to add 2.4 million jobs in the U.S.1 This includes roles in the field of medical billing and coding. In fact, according to the U.S. Bureau of Labor Statistics, employment of medical records and health information technicians is expected to grow much faster than the average for other career areas.2
Applying the correct medical billing codes is a critical role in the healthcare industry as it ensures proper documentation of patient treatments and accurate processing of medical claims. Physicians, hospitals and healthcare facilities all depend on medical billers to help facilitate a seamless flow of information – a critical part in efficient operations, payment, reimbursement and even patient safety.
Did you know that medical billing codes are also used for research? When accurately documented, codes can be used to identify patterns and evaluate new treatments for efficacy. It’s yet another example of how essential medical billing and coding is in healthcare operations.
If you’re interested in a career in this field, understanding medical billing codes – such as CPT codes – is a good place to start.