The job market all around is looking up for Kentucky residents. According to statistics from The Federal Reserve, Kentucky residents are experiencing pre-recession per capita income levels – great news for those looking to begin a new career. The hottest, most in-demand careers statewide can be found in the medical profession, and medical billing and coding certification can provide excellent employment options for a secure future.
The US Labor Statistics reports that medical billing and coding experts will see a 21 percent increase in available positions over the next ten years, so now is a premier time to get started with the training and certification process. Average earnings for professional billers and coders fall within the nation reports of $34,500, but those with experience or who start a home-based business can earn as much as $60,450 annually. A great career offering the flexibility and freedom to work the hours you choose makes medical billing and coding a highly desired profession.
Working as a Medical Billing and Coding Specialist in Kentucky
As more hospitals and doctors make the transition to digital medical records, there is naturally a need for medical billers and coders in the workforce. Coding professionals are responsible for translating patient’s charts into a relatable code, that is then taken by medical billers to become an executable claim for insurance companies and Medicare benefits. If you are interested in beginning a small business on your own, you should consider enrolling in an associates degree program that will qualify you for dual certification in both medical billing and coding in Kentucky; however, coders must enroll in such a program from the start.
Medical Billing and Coding Training in Kentucky
It is imperative to ensure that any educational program under consideration be properly accredited and recognized by common certifying agencies such as the American Medical Billing Association or the CAHIIM. Taking a few moments to make certain that a program will qualify you to take the licensure exam can prevent much grief down the line, so choose wisely, and get the education you need to succeed.
Medical Coding: Expect a heavy focus on coding and subcoding systems in the classroom, as well as a good deal of concentration on learning popular software systems used by medical coders and billers. Coding classes will teach you how to keep detailed records to ensure that every patient’s chart is accurate. The Certified Professional Coder Exam will be the last step in earning licensure.
Medical Billing: In medical billing classes, expect to also learn the most common coding systems used by medical professionals. In addition to those studies, a heavy emphasis will be placed on the particulars of the insurance and Medicare industry. Billers will learn how to work with software, auditing, and billing systems before taking the Certified Medical Reimbursement Specialist Exam for licensure.
Is Learning Medical Billing and Coding Online Right for You?
If you have a family, full-time job, or just an overall busy like, you may want to consider a distance learning or hybrid medical billing and coding training program. Often more affordable than traditional classroom environments, online learning typically provides more leeway concerning when and how you take your classes. Keep in mind that every online program operates differently, but as long as it is accredited, it will still qualify you for medical billing and coding certification in Kentucky. Look below for a few quality billing and coding online classes for your consideration.