If you are really interested in pursuing your career in health services, you actually should choose a proper profession that will earn you an impressive profit. In fact, there are a number of medical professions that you can choose.
In addition to choosing a profession as your passion, you may also have to consider what health professions are currently in high demand by companies. With your right choice, it will earn you the highest possible salary.
Today, a lot of people are looking at a medical billing and coding specialist that is known as one of the currently high demand professions among health service jobs. So, you may wonder whether being a medical billing and coding specialist is a good career for you. To know more about it, let’s see our little research below!
Medical Billing and Coding Specialist is a Good Potential Career for You, Why?
Currently, it is said that the medical billing and coding specialist is a good potential career for you. As a proof, the United States News and World Report 2021 has been reporting that the medical billing and coding program is ranked 24th on the list of the Best Jobs Without A College Degree.
It is also reported that the education and health service jobs have experienced an even bigger growth, approximately 2,8% over the past years. The U.S. Bureau of Labor Statistics reported that the medical billing and coding specialists grow in a good step-up. Then, to keep up with increased demand from 2011 – 2028, the healthcare industry needs around 11% more medical records technicians, especially for the billers and coders.
According to the BSL, the medical billers and coders, as well as medical records technicians actually have a median salary of roughly $40,350 in 2018. At the bottom end, around 10% paid the least earned less than $26,550. It is reported that people who are in the top 10% actually had salaries exceeding $66,260.
From some reports that we have shown above, we can conclude that the medical billers and coders are a very high demand profession in the U.S. Of course, the higher demand, the higher wages will also come each year.
A lot of parties believe that the medical billing and coding specialist will continue to look brighter for the future. They also expected that the medical billing and coding specialist will grow at a much faster rate than average. Most medical billers and coders will expectedly pursue their career in clinics and hospitals, even some work-from-home opportunities will also be available.
From our little research, we got a focal point where the medical billing and coding specialists will have a good potential for advancement chances as you gain more experience. So, it is actually clear that medical billing and coding will earn you to get higher profit and also lead you to a prosperous career for many years to come.
What are the Benefits of Being a Medical Billing and Coding Specialist?
With high demand, of course, medical billing and coding specialists will have many benefits. As you already know that medical billing and coding has been a predictable job with impressive pay. With the current high-demand, we think that medical billers and coders is a reliably secure career option for you.
According to some sources, there are at least five benefits of medical billing and coding. So, if you are still doubt, you can see some benefits that you can get through medical billing and coding specialists, here are they:
- Highly in demand
It is reported that medical billing is currently in high demand. A number of statistics actually shows the employers who are looking for medical billing and coding jobs are much more than any other sectors. If you prefer to take a medical billing and coding program at school, you will stand a big opportunity of landing into a great job in a reputed company.
- Flexible hours of work
Maintaining a work life balance in this life full of stress is very tedious. As a medical biller and coder, you will be able to work both as a full time professional with 40 hours of weekly work time or as a part-time employee.
However, most healthcare industries will require you to dedicate full-time attention, Meanwhile, the vocation will give you the flexibility of working at your own leisure.
- Having freedom of working in multiple settings
Another benefit of being a medical biller and coder is that you will have multiple options in terms of picking that settings you want to work on. The settings could be in a hospital, a clinic, a nursing home, outpatient health facilities or even from your home.
In fact, medical billing and coding specialists are in such a demand which will give you the facility to choose. Most companies will offer you jobs from remote locations. So, you can imagine sitting in a cool coffee shop while working at your free will.
- Stay away from clinical visits
If you want to work in medical services, but you’re afraid to work long hours, the medical billers and coders are a great option for you. This profession will make your dream come true where you do not need to see a lot of blood and surgery, but you will get work as a paramedical practitioner. Of course, you can deal with doctors and other medical practitioners while not getting into the dire business of dealing with blood.
- Start your career at an early stage
You can pass the medical billing and coding training program for only 6 months. It means that in less than a year’s time, you will become a medical biller and coder. Then, you can look to work in a reputable company.
Well, those are five benefits that you can get by pursuing your career as a medical biller and coder. Last but not least, the medical billing and coding specialist is not just a career, but it’s also a lifetime assurance where you actually have a secure and promising job.