Have you recently finished your Graduation and don’t know what to do or are you looking for a career change? Well, Medical Coding can be your option. It is a great career choice for multiple reasons.
Medical coding profession is hugely recognized as one of the sensational career opportunity with a distinctive set of job duties for the medical and paramedical students across the globe. If you are considering joining the medical coding profession, you’re going to be part of the fastest growing field on the commercial side of the healthcare industry. Medical coding requires the correct application of ICD-10-CM, CPT®, HCPCS Level II codes for the services rendered by providers using the coding manuals and encoding software. These codes are required for the reimbursement purpose.
Here are the top 15 reasons why Medical coding is the excellent choice for a golden career.
- WORK IN THE REWARDING HEALTHCARE INDUSTRY
Medical coding specialists are essential in keeping the costs down, reducing medical mistakes and ensuring there’s a free flow of information about patients’ medical histories to ensure the vital healthcare facilities up and running.
- HEALTHCARE INDUSTRY IS AN EVERGREEN INDUSTRY
As a medical coder, you will enjoy much better job security and stability, thanks to advances in medicine, and the country’s aging population.
- FIRST STEP TOWARDS NEW OPPORTUNITIES
Getting a job as a medical coder kick starts your career and allows you to pursue further clerical and administrative opportunities in health care.
- YOU HAVE MULTIPLE EMPLOYER OPTIONS
Medical Coders have a dynamic job and potential to work in hospitals, clinics, nursing homes, administrative support centers, and medical laboratories. So there are plenty of options.
- YOU NEED NOT HAVE A DEGREE IN HEALTHCARE
You need not have a MBBS Degree to become a Medical Coder because a degree in Life Sciences and basic knowledge of the Human Anatomy is enough for you to become a Medical Coder. Medical coders should have strong analytical skills and knowledge about three main code sets: CPT, ICD, and HCPCS.
- BUSINESS SIDE OF THE INDUSTRY AND NOT CLINICAL
Medical Coders do not deal with sick patients. They sit back in an office environment and earn decent money without being involved with any clinical aspect of the industry.
- YOU CAN BE JOB READY IN JUST a FEW MONTHS
This is hugely important for anyone considering a career change as medical coding courses can be completed in less than a year.
- YOU GET AWESOME PEOPLE TO WORK WITH
Healthcare workers can be a fun bunch. Medicine might be very serious business, but that doesn’t mean every day has to be the same.
- YOU CAN EXPECT WORK-LIFE BALANCE
Professionals in the healthcare industry work long and often unpredictable hours, but a medical coder can expect 40 hour work week and hence can maintain balance in their work life and family life.
- THIS PROFESSION IS HIRING
The USA Bureau of Labor Statistics (BLS) estimates demand for medical billing and coding specialists to rise by 15% from 2014 to 2024, which means a lot of hiring opportunities for medical billing and coding specialists. The trend is similar in India and other Developing countries.
- YOU SERVICE COUNTLESS PEOPLE EVERYDAY
How many career options contribute to saving lives every day? Not many. Medical coding gives you that sense of satisfaction you won’t find anywhere else.
- YOU CAN EXPECT GROWTH AND DECENT SALARY
In the USA an average medical coder earns from $ 18 to $ 30 an hour based on the experience and up to 6 Lakh INR per annum in India.
- EXPLORE FREELANCE OPPORTUNITIES
Freelancing provides the flexibility to choose when to work and when to take a break. Medical Coders can work as independent Freelancers.
- A COMFORTABLE PROFESSION
You can dress super comfortably at work, enjoy work-life balance and hence working in healthcare can be a fantastic experience.
- YOU ARE SAVING LIVES TOO
Medical coding errors can be deadly. That’s why medical billing and coding specialists are so important. As a coder, by working flawlessly and professionally you are saving others lives too.
Medical coding is the hottest vogue in the healthcare World today, indisputably, and probably will remain so for many upcoming years. There are many vacant job positions in many companies around the world who are looking for Medical Coders today. You need to start today and start learning for a golden career in the Healthcare Industry. This article was for beginners and professionals looking for a Career change— Join us and surely Annova will try to help you land your first job as a Medical Coder. If you’re interested in getting more information about the medical coding program, feel free to get in touch with us. We’d be happy to answer any questions you may have.