Billing and Coding Opportunities in Today’s Job Market?

Answer 1

The healthcare arena has long been touted as one of the most stable and growing career fields, and one of the largest areas has absolutely nothing to do with direct patient care. An ever increasing number of medical practices and providers are struggling to handle their billing and coding processes in an effort to generate revenue. An individual that has any type of billing or coding experience, or someone that has taken any of the online or offline classes available, can be assured that they will find a very lucrative opportunity with one of the following possible employers.

Hospitals and Inpatient Facilities

Most hospitals and inpatient facilities do not outsource their medical billing and coding, so an individual with experience can often find a job directly with one of these. Additional opportunities could arise in the admissions and financial departments of a particular hospital, so the career aspect is certainly something to consider.

Physicians and Private Practices

Although some doctors have been outsourcing their medical billing and coding, a lot of private practices still rely on a professional within their own organization to take care of driving insurance claims and revenue. Working in a small office can be perfect from someone that does not desire a large employer, and a family environment makes most private practices appealing to possible employees.

Surgical Centers and Clinics

The majority of surgical centers and clinics present unique challenges due to the fact that many of the surgeries are incredibly expensive and require authorization. Medical billers and coders can enjoy an aggressive compensation package that is based upon the authorizations and the ability to promptly handle the concerns of the insurance companies involved with the process.

Medical Billing Companies

If a person is not interested in owning their own business or working directly with a medical provider or facility, the easiest way to obtain a medical billing and coding job is to contract with one of the outsourcing companies. Demand is at an all time high, so medical billing companies have become very popular as a way to handle the arduous tasks without taking up too much manpower. Some medical billing companies will allow their employees to work from home, so this could be the best opportunity for someone that has children or simply desires a flexible schedule.