3 Reasons Why Medical Coding and Billing Makes an Awesome Career
Currently there is a 30% shortage nationwide of medical coders and billers, making now a great time to jump into the field. In addition to a good salary, a medical billing and coding career offers plenty of advancement opportunities. This career, which is vital to the healthcare industry, might be just the job you are looking for and is only a quick certification away. Need more convincing? Here are 3 big reasons why a medical coding and billing career is an awesome choice.
You’re at the heart of one of the nation’s largest industries
Not only is healthcare always going to be needed, but it is one of the largest industries in the nation and is growing. Healthcare is expected to generate 2.8 million new jobs by 2022. With our aging population, recent government regulations, the continual develop of new tests and treatments, high obesity/disease rates, and more, as a medical coder you are sure to always have a great job—all without seeing even a drop of blood.
Work in healthcare without the usual danger and demands
There will always be a need for healthcare, and medical coding lets you work in this growing industry without interacting directly with patients: no blood, no needles, no risk of illness.
Direct patient care is actually one of the most dangerous jobs in the country. Nurses and doctors are exposed to disease, hostile patients, long hours, stressful conditions, and more. In fact, according to a study done by the United States Department of Labor, the healthcare and social assistance industry reported more injury and illness cases than any other private industry, a total of 653,900 cases—152,000 more than the next industry sector.
Additionally, many in the healthcare world endure stressful, sporadic, long, or on-call hours. As a medical coder and biller, you’ll have the perks healthcare’s growth and stability while enjoying a 9–5 workday well away from danger and disease.
A shortage of coding professionals nationwide
Ready for some more exciting statistics? Right now the medical coding and billing industry is short of trained medical coders by 30%. With the implementation of a new coding system scheduled for October, the shortage is expected to be over 50% by the end of the year, and the U.S. Bureau of Labor Statistics estimates an additional growth of 22% in new medical billing and coding jobs between 2012 and 2022. The projected growth is so remarkable largely due to this implementation of ICD-10. As CNBC reported, “In order to make sure billing and payments do not fall behind, many hospitals began preparing to hire more coders to make up for the expected loss in productivity.” (See CNBC’s full report at http://www.cnbc.com/id/102053684.)
Clearly now is the ideal time to jump into the medical billing and coding industry, and to top it all off, the job is just a short certification away! For instance, at Career Step (which offers the only AHIMA-approved online certificate training program) your medical coding training can be completed in as little as 4 months.
For a rundown on the simple steps to becoming a medical coder, check out Career Step’s medical coding career paths infographic and start on your path to an awesome career.