Medical Billing and Coding Degrees

What is a Medical Billing and Coding Degree?

Students and professionals who are interested in entering the rapidly-growing healthcare industry have many options available to them that do not require direct patient care. Medical Billing is a favorable option to consider with employment expected to grow faster than average and only an Associate's Degree or certification is needed for entry-level positions.

DID YOU KNOW:

• Medical Billing is not limited to an office - many medical billers work from home!

• A Medical Billing and Coding Degree or certification can be obtained in 24 months or less

For individuals who prefer to avoid direct patient care, entering the administrative end of healthcare, such as Medical Billing, is a popular alternative. Medical Billing is a valuable component of the healthcare system, as Medical Billing and Coding professionals act as the liaison between the provider, insurance company, and patient. Medical Billing requires a deep understanding of medical insurance billing, rules, and claims to guarantee doctors and hospitals are compensated for their services promptly and correctly.

The Medical Billing staff is responsible for handling all insurance claims, including properly filling out extensive paperwork and interacting with insurance companies on a daily basis. Working in Medical Billing requires a in-depth knowledge of insurance policies, rules, procedures, billing, and coding. One mistake made by a Medical Billing staff can result in the denial of an insurance claim. Therefore, when considering a career in Medical Billing, it is important to keep in mind that possessing the following skills lends more success in this field:

• Organization

• Attention to details

• Patience

• Strong interpersonal and conflict resolution skills

• Computer proficiency 

Since healthcare jobs, including Medical Billing, are on the rise, there is a strong emphasis on training and experience to land an entry-level position. While education requirements for Medical Billing range from a Medical Billing Certification to an Associate's Degree, employers seek to hire individuals with confirmation of their expertise.

How can I get a Medical Billing and Coding Degree?

In general, those employed in Medical Billing hold an Associate's Degree, which can be earned in two years. Typical coursework that supports individuals entering Medical Billing includes medical terminology, anatomy and physiology, health data requirements and standards, healthcare reimbursement methods, database security and management, and clinical classification and coding systems.

Becoming certified in Medical Billing is strongly encouraged, as it establishes confidence in employers that the technician is equipped with the necessary skills and knowledge to effectively provide for each patient's Medical Billing needs. Individuals interested in becoming certified in Medical Billing should enjoy learning, as continued medical education is required due to the ever-changing U.S. Health Insurance Co. rules and requirements. (To learn more about becoming certified or to request information on schools offering Medical Billing certifications, click here.)

According to the U.S. Bureau of Labor Statistics, Medical Billing technicians can earn between $24,290 and $39,490 annually. Salaries will vary, depending on the location and demand for Medical Billing.