Is Medical Billing and Coding a good paying job?
December 13th, 2009 by admin
I am interested in the Medical Billing and Coding career move. But I want to know if anyone has experience in this field that can tell me about it. It is worth doing or should I keep looking for something else?
Tags:Billing,Coding,good,Medical,Paying
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No, it is low pay, and needs experience to get hired.
But you can do it at home or a second job.
What exactly would you like to do with this skill? Would you like to work on Inpatient or Outpatient/ER records? Either way, it is a fair paying job that is in demand as of today. Be careful though, because this field is subject to a lot of automation and offshoring. If you are going to go into this field, go into an aspect of the field that requires you to be onsite at the hospital, and requires you to be hands on with something. Have you investigated college programs regarding this career move? I would not recommend fly by night programs that just concentrate on coding (like 3 month diploma programs). If you were to work in a Health Information Management department, you should at least have an associates degree in Health Info Mgt. While in associates program, you will learn about medical coding and billing, as well as the legalities and functions of the medical record. Investigate your local community college to see if they offer classes for an associates degree in Health Info Mgt. or visit the AHIMA website at http://www.ahima.org.
These people “compile data, compute fees and charges, and prepare invoices for billing purposes.” Many, perhaps 35% work in health insurance industry. Most employers expect some college. You should expect slower than average growth in total employment numbers with more computerized record keeping.
Median earnings were about $29K in 2006.
More complete profile with local earnings and employment projections and video profile here:
It depends if you are certified or not and what part of the country you live in. In office w/o certification just out of school about $12-$15 per hour. With certification and some experience around $20+ w/ benefits in house.