Healthcare is one of the few industries that remain impervious to the pressures of economy. It has long been lauded as a recession-proof sector and if the only reason you’re staying off a career in healthcare is because the sight of blood makes you uncomfortable, then worry not for you have no dearth of job options that involve little or no direct patient care. One of them is medical billing and coding.
Medical billers and coders are part of the health information technician team entrusted with specific responsibility of ensuring the services provided by physicians and other healthcare practitioners are properly reimbursed. Although medical billing and coding is referred to as one occupation, the specific job role of a billing specialist is different from that of a medical coder. Medical coders assign standardized codes to the clinical procedures performed at a healthcare facility, whereas medical billing specialists deal with billing process and insurance claim procedures.
Medical Billing and Coding Careers
If you’re considering a medical billing and coding career, then there are two main paths you can choose from: Outpatient coders: Professionals who code the records of patients that receive outpatient services in a healthcare center such as emergency rooms, clinics, etc.
Inpatient coders: They have the job of coding records of patients who are admitting to a hospital or any other healthcare facility. But before you enter the medical billing and coding field, it’s important to know the employment landscape of this profession.The good news is that employment of medical billing and coding specialists is expected to grow at a much faster than average rate through 2018, according to the Bureau of Labor Statistics. It projects that the employment of all health information technicians, including medical billing and coding specialists, will increase by a whopping 20 percent.1This growth in employment is likely to result from:
- Increase in the number of clinical…