The medical coding sector continues to grow alongside the nation’s burgeoning healthcare sector. Medical coding schools offer convenient start dates, presenting an exceptional flexibility over your professional and personal life. The sector of medical coding has seen phenomenal growth since the passing of a federal law recently. This law hands healthcare providers an unexpected bounty if they switch over to the digitized form of EHRs (Electronic Health Records). Hence, the right time for entering this seemingly evergreen sector is NOW.
While you don’t require hands-on patient care experience to enter this profession, actual medical knowledge does help. As a medical coding technician, you’ll spend most of your working hours dealing with numbers and codes. Hence, taking supplementary courses in mathematics or accounting will augment your proficiency in performing the everyday tasks within the field. Discussed below are five advantages of going to a Medical Coding School:
Advantage #1: Ideal Opportunity to Enter the Workforce Swiftly
The foremost advantage of going to a medical coding school is undoubtedly the fantastic opportunity it offers you to break into the workforce quickly. While breaking into other healthcare professions may take you four to six years (at times, even more), you can enter the medical coding profession much more quickly. Once you’ve decided to enter the medical coding profession, you must weigh your options between pursuing a highly-relevant 1-year certification program and a superfluous 2-year associate’s degree program carefully.
You study Data Abstracting, Healthcare Computer Applications, Billing Practices & Systems, Coding & Reimbursement systems, and Health Records Maintenance in both the certificate program, as well as, the associate’s degree program. However, in the medical coding associate degree program, you study some non-medical subjects like business math and English composition. Hence, you need to assess your current skills before determining the program you wish to pursue.
Advantage #2: Almost a Hundred Medical Coding Schools to Choose From
Currently, there are 92 medical coding schools in the nation that offer associate degree programs in medical coding. You can join a regular campus, blended, or online medical coding program you desire. In today’s workplace, most employers in healthcare make no distinction between a conventional and online degree. Nevertheless, as far as medical coding goes, you do receive a more comprehensive education in the conventional regular campus program. You can compensate for the deficiency in the practical training area by opting for a blended program in which you get specialized laboratory training in coding.
Normally, a medical coding associate’s degree will take you 2 years to complete. Individuals who pursue this course either part-time or are full-time employees can expect to take 3 years to finish this program. Some medical coding schools do offer accelerated associate degree programs in this field that you can finish in just 18 months. Cost of pursuing this degree varies between $5,000 and $20,000 depending on the school you join and whether you are a resident of that particular state. Since specialists rule the roost in medical coding, you should not permit costs from deterring you from going to a medical coding school.
Advantage #3: Medical Coding Schools Provide Additional Courses in this Field
Since medical coding schools provide supplementary courses in regulations, laws and ethics concerning healthcare, going to these schools gives you knowledge other than just codification. You learn about all the processes connected with payments made by the patient or CMS. You receive invaluable training in handling sensitive information the right way and understanding the appropriate laws that govern this field.
You receive special training in the software aspect of medical coding. Classes focus on medical records, billing software, and all other software packages employed in the coding process. The schools familiarize you with the administrative rules, the elementary procedures in a healthcare facility, and the way the whole system functions. You learn about the connections between the insurance system and the healthcare system and the basics of insurance laws and insurance plans. Hence, going to a regular campus medical coding school does help you to stand out in the crowd.
Advantage #4: Internships, Externships, Practicum, & Certifications
Medical coding schools offering classes through regular-campus programs stipulate students to complete a practicum, internship, and externship besides the prescribed medical coding curriculum. These stipulated requirements must be fulfilled in a real healthcare facility like a clinic or hospital. These healthcare facilities help you in turning the knowledge you acquire in the classroom into worthwhile hands-on coding experience.
The schools train students to get the AHIMA certification that demonstrates their competence in the medical coding field. The entry-level certification is CCA or Certified Associate. The next level of certification is CCS or Certified Specialist. The schools provide adequate training and education for you to be a competent medical coder.
Advantage #5: Excellent Career Opportunities
Medical coders find employment in a variety of healthcare facilities. Home health agencies, doctors’ offices, hospitals, nursing homes, medical group practices, clinics, medical billing enterprises, and health insurance companies employ medical coders. Health research institutions and law firms are other places that employ medical coders.
Although an associate degree/certificate program permits you to enter the medical coding profession swiftly, completing higher education helps you to transition smoothly to administrative or managerial roles in healthcare. Experienced medical coders supervise coding teams. They also serve as directors of medical coding at insurance companies, health systems, and hospitals. The growing emphasis on healthcare accountability has forced organizations to create executive-level positions for directing coding strategies and operations. A coding specialist’s advancement opportunities increase with a bachelor’s or higher degree in related healthcare administration or health information management.
Summary
Medical coding schools offer numerous programs that permit students to enter the medical coding profession with an extremely low investment of money and time. In this profession, earning further certifications holds the key to higher earnings. You can earn higher certifications only by attending schools that provide state-of-the-art laboratories where you acquire a robust foundation in this evergreen field.