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
National American University
National American University is about personal development and community. When you choose to attend NAU, you don’t just join a group of diverse students and faculty; you join a group of people from all walks of life sharing a unique experience.
Our staff is devoted to helping you balance your education with your personal and professional obligations – it’s our commitment. Through flexible class scheduling, dedicated career advisors and quality programs, NAU strives to provide a caring and supportive learning environment to ensure your success as a student.
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The American Way
Everyone has a right to a college education. That’s why we offer numerous opportunities to help you earn your degree whether online, at a campus, or both. After all, your career ambitions are uniquely your own. And with our flexible study plans, relevant degree programs and personal advising from day one, so are your options. Because we believe you should get the opportunity you deserve. That’s the American Way.
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Earning your degree is about more than just pursuing your passions. You want an education that will not only help you reach your goals but also prepare you for success in your real-world career. We offer over 60 relevant degree programs to help prepare you for today’s top growing industries including business, information technology, healthcare and more. And because we understand education is only as valuable as your instructor- ours bring real-world experience and success to the classroom and your education.
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After decades of service to our students, we’ve learned how to help you succeed. That’s why our support starts before you enroll-and continues until graduation day. Let a personal advisor help you find the degree program that matches your career goals.
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Life is busy. We understand. We provide you with options that make sense for your life with a variety of classes offered online or on-campus that help you start building your career skills from day one. We also work hard to make sure you get the credit you deserve by accepting credits earned from other colleges, and grant credit for military training and other real world experience.