Medical Coding & Billing Job Market
Get ready to love your job.
Medical billing and coding jobs consist of managing patients’ electronic health records. (It’s critical work considering that every patient is someone’s mother, husband, child, or other precious family member.) You’ll assign standardized codes to the procedures performed by the healthcare facility you work for. This is the first step in helping patients get their medical bills covered, so they have one less thing to worry about.
In your medical billing and coding career, you can work in almost every type of healthcare facility, from on-site in large hospitals and major clinics to small physician offices to insurance companies, coding outsourcing companies, and other healthcare businesses. It’s also possible to find medical coding and billing remote jobs online that allow you to work from home.
The salary for a medical coding and billing job will vary by employer, location, and experience. But the median salary is $38,785 with potential for traditional employment benefits. Professionals with one credential often earn over $52,000 a year.*
Our aging population and greater number of people insured through the Affordable Care Act have made healthcare one of the largest and fastest growing industries in the nation. Along with the increasing need for health services is the increasing demand for medical coding and billing professionals. In fact, medical billing and coding jobs are growing steadily. The Bureau of Labor Statistics estimates 13% employment growth over the next 10 years.*