Encouraging news for those in the medical industry in Michigan: job prospects within the field are on the rise! In fact, the US Labor Statistics indicate a potential 21 percent increase specifically for medical billing and coding specialist on a national level. Along with the government’s encouragement to transition patients to digital medical records, rest assured that Michigan would also see a significant growth within the sector.
The average wages for medical billers and coders in Michigan is on par with the national average at $36,450 annually; however, the top wage earners bring in upwards of $54,500. Earning certification as a biller or coder can help you earn more money, as well as enjoy greater job prospects and upward mobility as the years go on.
Working as a Medical Billing and Coding Specialist in Michigan
Most medical billers and coders possess excellent communication skills and have the ability to multitask seamlessly. Dealing with multiple people in the workplace, shuffling paperwork, and spending long hours at the computer are part of the job. However, every day is different as billers and coders face new challenges with the medical records transitions. Coders primarily translate each procedure, test result, or diagnoses in a patient’s chart and turn it into a correlating code. Billers will use the codes to create invoices, bills, and insurance claims.
Medical Billing and Coding Training in Michigan
By far, accreditation status is one of the most imperative aspects of choosing the right medical billing and coding school. Check with industry certifying groups like the CAHIIM or the American Medical Billing Assoc. to make sure your program will qualify you for certification testing post-graduation. If you are interested in beginning your own home business performing both billing and coding processes, consider an associate’s program to become certified concurrently. Because coders are required to hold such a degree, dual certification is common for students choosing a coding career.
Medical Coding: Educational courses will have a heavy emphasis on learning the common coding systems in use today including the HCPCS and CPT types. You will also become proficient using the medical software that coders rely on each day to perform their duties, and these may include bookkeeping and auditing programs, as well. Pass the CPC Exam after graduating the program for certification.
Medical Billing: Billers must understand the coding systems proficiently, but will spend a great deal of time becoming familiar with the protocol for filing Medicare and insurance-type claims. New laws and complex changes in the industry require billers to become experts in processing these claims. Pass the CMRS Exam after the program to complete certification.
Is Learning Medical Billing and Coding Online Right for You?
If spending hours in a classroom is not for you, then a hybrid or distance learning program may fit your lifestyle. Hybrid education is a mixture of traditional and virtual-based education, while online medical billing and coding classes in Michigan are 100 percent Internet based. Students who have the diligence to complete their coursework without constant oversight are generally successful in these programs, but you will need to take care to follow the guidelines as dictated by your institution. Again, accreditation here is very important, so take a look below for some excellent online medical billing and coding programs in Michigan below.