The healthcare sector is seeing massive growth in the job market, and people are really starting to take notice. Many of the essential jobs are being looked at as new career opportunities without the need for 8+ years of education. A lot of these jobs in the healthcare industry are extremely accessible to everyone, and the degrees in these fields are easily obtainable within 2 years, with some being able to be completed in 18 months.
Jobs like office medical administrative assistants, pharmacy technicians, and medical billing and coding are three professions seeing massive amounts of growth. Today, we are going to focus on the last option in medical billing and coding and the benefits of getting a job in the field.
Degree Length
When it comes to the length of time it takes to get a degree for a job, medical billing & coding is one of the shorter ones. With a full course load, you can often complete your degree in as little as 18-months. In this timeline you will be able to complete all of your general and main courses with ease on a full time school schedule.
During this time you will be taught to turn medical treatments, diagnosis, and medical procedures into their proper forms like ICD-10, CPT and HCPCS coding systems.
Class Accessibility
The education platform around medical billing and coding means you can take classes as you need to. If you want to take classes in a normal setting, there are facilities for that. If you want to take your medical billing and coding classes online, you can do that too.
Job Market
When it comes to getting a job with your degree, a degree in medical billing and coding is one of the best. This isn’t like some degree where you go through 4 years of school to end up struggling to even find an open poistion. As a matter of fact, medical billing and coding is projected to grow by 8% through 2029, and that’s far above the national average for job growth. That means you can get your degree and start hunting for jobs immediately. The best plan when you are looking for work in a market that is growing so rapidly is to apply to multiple jobs, so you can get multiple offers and pick the best one.
Future Growth Means Security
The current growth numbers in the medical billing and coding field means the future for the profession is bright. Let’s say you get a degree in medical billing and coding, and you land a great job that’s basically perfect for you. Everything is going great, until the facility starts running into financial problems to no fault of yours. Luckily for you, your job is in high demand, so even if they close their doors today, you will have an easier time finding a new one as the market grows.
Wage
When it comes to a living wage, these professions in the medical field are great at providing. When you look at the median pay in the medical billing and coding field, it comes out to roughly $44,000 a year. If you’re wondering what that is hourly, it’s about $21.20 per hour. Now, keep in mind this is the median, which means it could go up or down depending on your location. So if wage is an important factor in your decision, make sure you check to see what people in your area or state are making.
Medical Billing and Coding is a Great Career Path
You really have to think this decision through before you jump ship to a new career. It’s a big move, and it’s going to take time and dedication to complete the journey. The good news is, the other side of that journey holds a job that is lucrative and in high demand.
If you’re still on the fence, you should really look into the daily tasks and demands of the job, and see if it’s something that you can envision yourself doing.
