Job Market For Medical Billing Graduates

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Job Market Analysis for Graduates of Online Medical Billing Courses

Is There a Demand for Medical Billers and Coders?

In a single word: yes! With the increasing demand on the American healthcare combined with a population that is aging, the healthcare industry is poised to see substantial growth in the service and treatments that are used. And this means an increased need for medical billers and coders.

In their role, medical billers and coders assign codes to every diagnosis and every procedure for every patient, address and submit claims to insurance companies, and manage reimbursements within any medical facility that handles patients and treatments.  

Job Requirements for Medical Billers and Coders

To stand a good chance of obtaining gainful employment, you should register in an accredited certificate or associate’s degree program for online medical billing courses. You will be introduced to common coding classification systems, such as ICD-9 and DSM. You will also learn about medical insurance providers, medical terminology, human anatomy, as well as the ethics of health insurance, medical billing, and patient confidentiality.  

Professional Certifications

Once you complete your certificate or associate’s degree program through online medical courses you may also be eligible to achieve certain professional certifications. While not necessary to your success, obtaining certifications can help you advance in your career and specialize in a certain area of medical billing and coding. For example, you can achieve the Certified Coding Assistant which enables you to translate information about various diseases and procedures used in health care providers into alphanumeric codes. After a specified amount of work experience, you will also be eligible to become a Certified Coding Specialist, allowing you to interpret medical terminology to record numerical codes for the purpose of insurance and medical statistics.  

Job Market Outlook

According to the United States Bureau of Labor Statistics (BLS), the number of medical billing and coding professionals was slated to increase between 2012 and 2022 by 22%. This is faster than the national average. The mean yearly compensation as per May 2013 was $37,710. For Texas, the average salary was $35, 250, with the salary in the 90th percentile being $56,930. There are approximately 16,520 medical billing and coding employees in Texas.

Overall, the economic prospects in Texas are promising. The BLS indicates that unemployment is lower than the national average – 6.9% versus 8.2% for the rest of the United States. Unemployment is at a lower rate than it is for the country as a whole — 6.9%, according to the U.S. Bureau of Labor Statistics, compared with 8.2% for the rest of the country. Assuming that your medical billing courses were comparable, the length and depth of your program were similar, and you were able to participate in hands-on training in a professional environment, the job market situation for graduates with an online education is similar to those graduates who attended an in-person campus.  

Your Personal Outlook

How will your online medical billing courses help you gain employment? That is up to you. If you registered at an accredited program, such as the one offered by Southern Careers Institute, graduated with high marks, and have or will be obtaining professional certifications, then your personal employment outlook is bright as the Texas sun.

This article was published on: 04/10/13 3:44 PM

What SCI Students Are Saying

“I made a complete career change when I started my training at Southern Careers Institute. I needed a stable career to continue providing for my growing family. SCI provided me with the medical terminology and know how that I needed to understand and acquire a career in the medical field. SCI taught me that it doesn’t matter where you are in life right now; you always have room to advance and learn.”

Testimonal

Denise S.
Medical Assistant

“I am extremely grateful for the assistance I received from SCI’s Career Services team. I enjoy where I work and what I do. SCI has helped me succeed in life by getting me the necessary education and by making me a stronger and more confident person.”

Testimonal

Raquel S.

“Once I graduated from SCI, I had a sense of accomplishment that helped me through the job search process. SCI provided me with the opportunity to brush up on my skills, extend my accounting knowledge, and they boosted my self-confidence. I went to work two days after my last day of school.”

Testimonal

Annette D.
Business Accounting

“When my youngest child graduated from high school, I told my husband that it was my time. I went back to school to change careers after spending 37 years in the business field. At SCI, the instructors are professional, and they care about what they are teaching you, as well as expect you to give 100% in return. I had problems understanding how to draw in syringes and give injections. I requested extra help from a knowledgeable instructor, and I was able to receive one-on-one training. Today, I draw injections for approximately 100 patients each week. I am very confident in what I’ve learned. SCI has given me the chance to do what I always wanted to do. Thank you for my education. I am doing wonderful.”

Testimonal

Bonnie M
Medical Assistant

“I am now a certified Lab Tech. SCI helped me get an externship, and I came out with a job. After my little sister had cancer, I knew I wanted a career in the medical field that allowed me to help others. I am happy about what I do.”

Testimonal

Sidney B
Medical Assistant

“The best place ever!! Ms.Tonia rocks she is the best teacher… I love going to school my time there is amazing.”

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Andrea Garcia

“Southern Careers went beyond my expectations. Very impressed. The assistance I got from Career Services is truly amazing. They really went out of their way to get me placed. They really care and I am grateful to all of them.”

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Olga C.

“Southern Careers Institute totally surpassed my expectations. Once I finished school, the Career Services team helped me find a job. I would tell anyone thinking about starting career training that you have nothing to lose and a lot to gain. I wish I would have started my training sooner.”

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Valerie D.

“I am very happy with where I am and where I’m going. Through high school, I struggled with math. When I came to SCI, I enrolled in the Business Accounting Specialist program to see if I could do it. SCI provided me with the accounting skills I needed to help me find a career. Now, I have an amazing career and room to grow in the company.”

Testimonal

Crystal H.
Business Accounting

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