The medical field is inarguably one of the fastest growing career opportunities today. There is a shortage of nurses, medical assistants and doctors that continues to grow every day. Even if you don’t think you can handle direct patient care, there is an option. Medical Billing and Coding Specialists are needed as well. In fact the U.S. Bureau of Labor Statistics states that 18% of these positions remain unfilled due to a lack of qualified candidates.
What Does A Medical Billing And Coding Specialist Do?
These specialists are responsible for ensuring that a patient’s medical record is kept current and accurate through the use of ICD codes. This helps the doctor and other health practitioners in making timely, accurate diagnoses of the patient.
As the name implies, Medical Billing And Coding Specialists are also responsible for using the CPT codes to finalize a bill after treatment and submit it to health insurance providers for payment.
What Kind Of Training Is Needed To Become A Medical Billing And Coding Specialist?
It varies, actually. With as little as nine months to one year, you can receive a certificate or diploma to begin working. There are also associate and bachelor’s degrees available to increase your knowledge and of course, your earning potential. The bachelor degree will help to train you for a management role in this growing field; either for a private practitioner or a hospital.
What Does It Pay?
In Dallas, the average salary for a medical billing and coding specialist is $32,000 per year. (Figures courtesy of the U.S. Department of Labor’s Occupational Employment & Wages database.) Add to that benefits such as health insurance, vacation and sick days; it adds up to a decent living in the medical field, without ever having to draw blood.
What About Financial Aid?
There are multiple routes to help you get started. The PELL grant, if you qualify, is a Federal grant that doesn’t need to be repaid. There are also other Federal loans as well as financial aid and merit scholarships available through the schools.
Interested in exploring correspondence or online medical billing school options?
Medical Billing Schools in or near Dallas
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For over 140 years, Sanford-Brown College has provided career-oriented postsecondary educational programs. Our institution offers focused, innovative, quality short-term programs in the fields of business and healthcare. At Sanford-Brown, we have focused our study programs, which enable you the opportunity to develop your skills effectively to meet your specific career goals. Plus, our programs focus on the essential concepts and skills most employers look for in entry-level employees. Our goal is to provide you with the practical information and experience you need to get your foot in the door. The secret to our success is that we do not require students to take courses that are not directly supportive of their career goals.
At Remington College campuses, we offer a variety of educational programs.
While no reputable school can guarantee employment after graduation, our programs are designed with an emphasis on helping students to prepare for entry-level employment in various career fields.
This combination of traditional teaching methods along with practical classroom experience provides an opportunity for students to apply and practice their knowledge and skills.