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Medical Billing and Coding Career Highlights
What is a Medical Biller and Coder ?
What do Medical Billers and Coders Do?
Medical Coding
Medical coders maintain patients’ records using a universally recognized coding system (ICD-9 index) to ensure compliance with federal regulations and insurance requirements.
Medical Billing
Medical billing is a subspecialty of medical coding. Although there are programs that offer medical billing training by itself, you should consider a program that combines both billing and coding in one training program, since medical coding is the first step in the medical billing process.
Medical Billing and Coding Salary Range
$ 34,200 - Annual Medical Billing and Coding Degree Salary
$ 29,300 - Average U.S. Salary
Data Source: U.S. Bureau of Labor Statistics ( 2005 )
Medical Billing and Coding Job Outlook
Job prospects should be very good. Employment of medical records and health information technicians is expected to grow much faster than average for all occupations through 2014 because of rapid growth in the number of medical tests, treatments, and procedures that will be increasingly scrutinized by health insurance companies, regulators, courts, and consumers.
Also, technicians will be needed to enter patient information into computer databases to comply with Federal legislation mandating the use of electronic patient records.
Median Average Salary
Median annual earnings of medical records and health information technicians were between $26,690 and $41,760 in 2005 depending on type of job facility.