Career Outlook

Berkeley College Medical Insurance, Billing, and Coding Career Outlook

Medical Insurance, Billing, and Coding at a Glance

Berkeley College Medical Insurance, Billing, and Coding Career Outlook

Education Required

Graduates of the Medical Insurance, Billing, and Coding programs are prepared to work as medical billers and/or medical coders. They fall into the professional category of health information technicians. A post-secondary certification is typically required to enter this occupation, and some health information technicians may also have an Associate’s degree. In addition, many employers require professional certification. Technicians can advance to a medical or health services manager after completing a Bachelor’s or Master’s degree program and taking the required certification courses. Requirements vary by facility.

Typical Tasks Performed

Depending on the size of the practice or healthcare facility, a health information technician may perform both medical coding and medical billing tasks.

Typical tasks performed by medical coders include:

  • Communicating with physicians, nurses, and other healthcare professionals to categorize the services a patient received
  • Applying standardized codes to patient records to accurately reflect the services received
  • Entering data through electronic health record and electronic medical record software used in hospitals and physicians’ offices
  • Examining patient charts and histories to ensure coding accurately reflects a patient’s medical care

Typical tasks performed by medical billers include:

  • Submitting claims to insurance companies
  • Managing account payments and invoices
  • Investigating rejected or denied claims
  • Verifying the accuracy of standard healthcare codes used by medical coders to classify services and products

Outlook for Employment

Employment of health information technicians is projected to grow 15 percent through 2024, much faster than the average for all occupations, according to government statistics. The demand for health services is expected to increase as the U.S. population ages. Additional records, coupled with widespread use of electronic health records by all types of healthcare providers, could lead to an increased need for technicians to organize healthcare information and records.

Industries That Employed the Most Health Information Technicians in 2014:

  • Hospitals; state, local, and private – 38%
  • Physician offices – 21%
  • Nursing care facilities (skilled nursing facilities) – 7%
  • Administrative and support services – 6%
  • Professional, scientific, and technical services – 5%

Please note that these are national statistics and projections that might vary by location.

Sources: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2016-17 Edition and the American Academy of Professional Coders