Medical coders have a promising future ahead of them. Healthcare jobs in general continue to grow, but according to the U.S. Bureau of Labor Statistics, medical coding and billing jobs plan to see an increase of 22% by 2022, faster than the average of all other jobs in the nation.
Medical coders are in high demand due to an aging population as an older population uses more healthcare services this creates more jobs in healthcare. This means more jobs with home care services, nursing, and pharmacology just to name a few. Plus, the more we learn about healthcare, the introduction of new tests and treatments, and other advances in medical procedures, the more we see healthcare facilities finding themselves in need of qualified coders who can continue to adapt to these changes.
Medical coders on average earn anywhere between $26,000 and $43,000 a year, depending on education. Those with the proper education can make upwards of $53,000 per year! There are opportunities to earn more money as you obtain more education or even branch out, which proves fruitful in this field.
Coders who branch out into other healthcare positions make on average about $15,000 more per year. Some of these jobs include auditing, medical billing, office management, and coding and billing managers.
Over the past few years, being qualified means becoming certified. While not all companies require their coders to obtain certification, trends are quickly shifting in this direction. Proper certification can come from online schools and vocational institutions. Online schools allow students to study at their own pace, on their own time, and they can become certified in less than 12 months.
According to the American Academy of Professional Coders (AAPC), the past few years has seen a steady increase of job growth throughout the country. There are even a few opportunities to work from home, though this isn’t an industry standard. Certified coders earn almost 20% more than non-certified coders, so search for an online school that has AHIMA-approved curriculum so you can get started working on a promising career.