Last Updated on July 29, 2023
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how to become medical coder
Your 5-Step Guide to Become a Medical Coder
You’re interested in capitalizing on the promising growth in the healthcare industry, but you’re not interested in providing direct patient care. It’s no surprise you’re interested in becoming a medical coder.
Medical coders play an important role in the healthcare ecosystem, helping process and organize the massive amounts of medical data produced every day. You’re intrigued by the behind-the-scenes nature of the position and feel like you’d enjoy the daily duties that come with it.
Now you need to gain a better understanding of the road ahead. We’ve compiled a variety of important information to break down the process and provide you a guide on how to become a medical coder.
How to become a medical coder: 5 straightforward steps
Medical coders play an important role in the healthcare system. Whenever you have a doctor’s appointment, the physician or nurse records notes about what procedures took place or what was diagnosed. Using their knowledge of thousands of medical codes, payment policies and government regulations, medical coders take medical records and code them for billing and insurance purposes.
Without them, the medical field wouldn’t know what to charge for each procedure, and insurance companies wouldn’t be able to cover your care properly. Now that you know a little more about what the position, read ahead to learn how you can become one.
Step 1. Meet the basic prerequisites
First thing’s first: To become a medical coder, you will need a high school diploma or equivalent. You also will need to pass a background check. Applicants with a criminal history involving drug offenses or sexual crimes will most likely be turned away.
Step 2: Complete medical coding training
Next, you’ll need to start training. There are no formal education requirements to become a medical coder. Most employers are seeking candidates with a postsecondary certificate, with some requiring an Associate’s degree, according to the Bureau of Labor Statistics (BLS).1
Earning a Medical Coding Certificate is a smart step for those who want to enter the field with a solid foundation of knowledge. Some programs, like the one at Rasmussen College, can be completed in as few as 9 months.2 Here’s a taste of some of the courses students take:
Medical coding courses:
- Coding Foundations
- ICD-CM Coding
- ICD-PCS Coding
- Ambulatory Care Coding
- Revenue Cycle and Billing
Gaining practical training and a solid understanding of the field will allow you to hit the ground running as soon as you land your first medical coding job. You can even complete your medical coding training online so you can fit it into your already busy schedule.
Step 3: Obtain your medical coding certification
Graduating from a Medical Coding Certificate program is an impressive accomplishment. But your work isn’t quite over yet. The next step is getting certified.
This credential shows employers you’re a dedicated medical coder who has demonstrated all of the important skills required to succeed on the job. The choice to specialize is ultimately yours, but the BLS states that it can have a positive impact on your job prospects.1
There are a few certifications for medical coders to choose from.
Common medical coding certificates:
- Certified Professional Coder (CPC)
- Certified Coding Associate (CCA)
- Certified Coding Specialist (CCS)
Once you gain some experience in the field, you may decide you’d like to specialize your coding career. If so, you might consider pursuing specialty medical coding certification in an area such as ambulatory care, anesthesia, family practice, general surgery or many others.
Step 4: Brush up on in-demand medical coding skills
Before you start applying for medical coding jobs, it’s helpful to know exactly what employers are looking for so you can be prepared and put your best foot forward. Being a medical coder requires a balance of hard and soft skills.
We used real-time job analysis software to examine nearly 30,000 medical coding jobs posted over the past year.3 This data helped us identify the top skills employers are seeking in medical coder candidates. Here’s what we found.
Top technical skills for medical coders3:
- Health information technology (HIT)
- CPT coding
- Inpatient coding
- Customer billing
- Outpatient coding
- HCPCS coding
- Medical terminology
This list may seem intimidating at first glance, but rest assured that these are precisely the types of skills taught in a Medical Coding Certificate program. But in addition to this technical training, there are some soft skills that help medical coders succeed.
Top transferable skills for medical coders3:
- Computer literacy
- Microsoft Office
- Attention to detail
If you can identify with some of the traits above, you may be a natural fit for the field. Your medical coding training will help you round out your skills so you’re prepped for success.
Step 5: Find a job
The next step to becoming a medical coder is to land your first job. The BLS projects medical coding jobs to increase 11 percent through 2028.1 This is more than twice the average for all occupations. This is great news for a job seeker like yourself.
When you’re looking for medical coding jobs, keep in mind the type of environment you’d like to work in. Would you prefer the bustle of a busy hospital or the relative serenity of a physician’s clinic? You have plenty of options for a medical coding career. Once you get your foot in the door and start gaining experience, you can begin considering future advancement opportunities.
Take the first step toward becoming a medical coder
Now that you’re more familiar with the path to becoming a medical coder, why wait? There’s no better time than now to join the ranks of the growing medical field and feel the ultimate satisfaction of a career that allows you to help others.
how much does it cost to become a medical coder
HOW MUCH DOES A MEDICAL CODING AND BILLING PROGRAM COST?
Medical coding and billing is an increasingly popular healthcare major for college students enticed by the flexible career. That’s partly because the projected 10-year job growth is much faster-than-average at 15 percent with 29,000 expected openings. Another common reason is because medical coding and billing offers work from home opportunities for excellent work-life balance. Nonetheless, jobs in medical coding and billing won’t come free since having at least a post-secondary certificate is required. In this article, we’ll discuss what medical coding and billing programs typically cost to help you determine if mastering the field’s ICD-10-CM system is right for you.
Average Tuition for Medical Coding and Billing Programs
There isn’t a clear-cut answer to how much medical coding and billing training costs because tuition varies dramatically by school. According to College Board, the average published price at public, in-district community colleges is currently $3,440 yearly. Santa Barbara City College is recognized for one of America’s most affordable Medical Coding Specialist Certificate at just $46 per unit ($898). However, colleges typically charge between $4,200 and $19,500 for medical coding and billing certificates. Don’t forget that sitting for certification exams will also cost you. The AHIMA’s Certified Coding Associate exam costs $299 and the AAPC Certified Professional Coder exam charges $300 with $125 for membership.
Why Medical Coding and Billing is Worth the Investment
Doing the math may make some prospective students question their enrollment in medical coding and billing programs. Although the training requires an upfront investment, the return over your lifetime career is significant. According to PayScale, the median salary in medical coding and billing is $35,374, or $14 per hour. Earning an accredited education will increase your salary potential while lowering your unemployment risk. The AAPC Salary Survey shows that certified members with one credential make $46,899 on average. Advanced training for 3+ credentials pays off for a mean income of $65,643! Full-time medical coding and billing professionals are also compensated with health insurance and 401(k) retirement plans.
Ways to Afford Medical Coding and Billing Program Costs
Accredited, degree-granting programs in medical coding and billing will qualify students for federal financial aid. After submitting the FAFSA, students could obtain the Pell Grant, FSEOG Grant, Perkins Loans, Direct Loans, and other specialty funding like the Iraq and Afghanistan Service Grant. Professional organizations also provide lucrative financial resources for medical coding and billing majors. For example, the AHIMA Foundation sponsors over 50 Merit Scholarships ranging from $1,000 to $2,500 each summer. The AAPC offers the Hardship Scholarship to future coders with significant financial need. The Partners Healthcare Medical Coding Loan Forgiveness program can wipe up to $10,000 in debt too.
Medical coding and billing programs are often short, so they’ll cost significantly less than two-year or four-year degrees. Yet the investment is rewarded with in-demand careers like coding specialist, billing coordinator, patient account representative, medical record technician, and cancer registrar. Financial aid can help you afford how much medical coding and billing programs cost for skill-building healthcare training