There is a growing number of new health regulations and rules. This requires healthcare facilities and insurance companies to increase the amount of detailed records of patient treatments and prescriptions. The demand for Idaho medical billing and coding training is higher than the current supply of medical coders.
Who Needs Medical Billing And Coding Professionals?
Medical billing and coding professionals are needed in hospitals, clinics, doctor offices and insurance companies of all sizes. Medical coders apply alphanumeric codes to particular medical treatments, illnesses and injuries. This information is needed by insurance companies, federal and international agencies, doctors’ offices, clinics and hospitals for tracking disease and reimbursement of medical personnel.
The Range Of Salaries
Several factors affect how much you can make as a medical coder. The kind of organization that you work for can make a difference in pay. A private medical practice and a large hospital have different salaries. Accredited education and former work experience can greatly affect how much you can earn as well.
It’s difficult to pin-point an exact amount of salary because there are outside economic influences and individual choices that affect compensation. However recent data gathered by the US Government reported a salary range of $21,000 to $43,690 per year for a certified medical billing and coding specialist. (Figures courtesy of the U.S. Department of Labor’s Occupational Employment & Wages database.)
Medical Billing And Coding Training
Certificate training programs can take 9 to 12 months to finish. These are offered online and at community colleges and career colleges. A 2 year associate degree offers additional educational curriculum and medical billing and coding instruction. You can also get a 4 year bachelor degree in health information management and health care administration. A bachelor degree can provide opportunities to advance to management positions.
Coding instruction typically includes:
- Computer skills
- Diagnostic coding
- Hospital revenue codes
- Insurance Claim Procedure
- Interpersonal communication
- Medical Administration
- Medical Technology
You can apply for financial assistance through several of these programs:
- Perkins Loans
- Federal Pell Grants
- Federal Work Study (FWS)
- Direct Loan (DL) program through Stafford loans
- Federal Family Education Loan (FFEL) through Stafford loans
- Consolidation loans (FFEL or DL)
- PLUS Loans for parents (through DL or FFEL)
- Federal Supplemental Educational Opportunity Grants (FSEOG)
Interested in exploring correspondence or online medical billing school options?
Idaho Medical Billing and Coding Schools Enrolling Now
Four Great Reasons To Choose Carrington
ONE-ON-ONE TUITION PLANNING
More than 80% of Carrington College students use some form on financial aid1 to help cover the cost of their education2. That’s why we offer personalized counseling from a Student Finance Advisor to help make your college experience more affordable.
1. Student loans, grants and scholarships are available to those who qualify.
2. Percentage calculated by Carrington College for the 2015-16 school year.
You want a hands-on career, and your Carrington College education will help get you there. From blood draws to x-rays, our courses are designed to let you practice your skills in the lab so you’ll be ready for your career when you graduate.
You can feel confident knowing your instructors are bringing years of real-world experience in to the classroom. Our qualified instructors are dedicated to helping prepare you for your future. They know what skills you’ll use in your career, and they’ll teach you what matters.
Carrington offers you the opportunity to practice your skills in the real-world before you graduate. Clinical rotations and externships are an important part of your education. You’ll get to learn from professionals in your chosen career field and make important connections for your future.
Carrington College is accredited by the Accrediting Commission for Community and Junior Colleges, Western Association of Schools and Colleges (ACCJC/WASC), 10 Commercial Blvd., Suite 204, Novato, CA 94949, (415)506-0234, an institutional accrediting body recognized by the Council for Higher Education Accreditation and the U.S. Department of Education. Additional information about accreditation, including the filing of complaints against member institutions, can be found at www.accjc.org.