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Quick Facts: Medical Coding Industry

Median Pay:   $35,900 per year | $17 per hour
Entry-Level Education:   Postsecondary non-degree award

Medical Coding Occupations:

  • Medical records and health information technicians$35,900

Online Medical Insurance Billing & Coding Diplomas

Although many aspects of the economy are struggling, one of the few booming businesses left is healthcare. It is forecast to keep growing bigger as the population increases and an increasing number of baby boomers require medical attention as they age.

If you want to work in the field of healthcare but don't want to attend school for many years to become a physician, a great choice is to pursue one of the many available online medical insurance billing & coding degrees.

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  • An accredited online university, Capella offers bachelor’s, master’s/MBA, and doctoral programs designed to take you to the forefront of your profession.
  • Focus on areas of study in public health or health administration including health care informatics, health care leadership, health care quality and analytics, epidemiology, and more.
  • Each online program features dynamic, engaging coursework to encourage innovative thinking and leadership skills for application in the fast-paced field of health care.
  • Students also have the option save with scholarships, transfer credits, employer and association discounts, military discounts, and more.
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Building on Purdue's mission to provide greater access to affordable, world-class education, Purdue University Global delivers a fully personalized online experience that's tailored to working adults. By opening the doors to adults who need flexibility to fit learning into their busy lives, we make it possible to achieve a high-quality education from a prestigious university system—completely online.

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  • Liberty University provides a worldclass education from a christ-centered worldview
  • 100% online programs at associate, bachelor’s, master’s, and doctoral levels
  • No standardized testing if student meets admission requirements
  • Accredited by the Southern Association of Colleges and Schools Commission on Colleges
  • 95% of Liberty University students receive some form of financial aid
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  • Recognized as the largest university in the Chicago area, with 27,580 students and 15 colleges.
  • Listed as one of the top 200 research-funded institutions in the world, with more than $291 million research funds in FY 2013.
  • Proud to be a tobacco-free campus, prohibiting all forms of tobacco within campus boundaries.
  • Accredited by the Higher Learning Commission (HLC) of the North Central Association of Colleges and Schools (NCA).
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  • Ranked among the Best National Universities in 2015 by U.S. News and World Report.
  • Ranked 8th among the Best Online Graduate Education Programs in 2015 by U.S. News and World Report.
  • A private, co-ed college founded in 1821 and located in downtown Washington, D.C.
  • Its student-faculty ratio is 13:1, and 55.1% of classes have fewer than 20 students.
  • Has distinguished alumni including Senator Harry Reid, former U.S. Secretary of State Colin Powell, and actress Courtney Cox.
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Keep reading to learn more about the definition of medical billing and coding, what kind of degrees are available in the field, what careers opportunities exist for graduates and why online education is ideal for busy students.

What is Medical Billing and Coding?

Although medical billing and coding is a vital part of the healthcare industry in the United States, few people have a solid understanding of what it truly is. Medical coding is the act of turning services and laboratory work at a hospital or doctor's office into a series of codes that are then submitted via medical billing to insurance companies.

The system was devised as away to streamline the healthcare industry and make it easier and more efficient to submit claims and receive prompt reimbursement from insurance companies for patient procedures. Since machines are not capable of submitting the information, humans are required to do this work individually. There is a great demand for educated workers in this field, so earning a degree online is a good way to almost guarantee a career after graduation.

What Degrees are Available in This Field?

Students can opt to earn a certificate in medical billing and coding, an associate degree or a master's degree. If you want to begin working in the field as quickly as possible, a certificate will help you to complete the required materials in as little as nine months. You can then begin working right away, but your employment options may be limited with just a certificate, and you may not be qualified to sit for the medical billing and coding licensing examination in your state.

An associate degree in the same subject takes roughly two years to complete, and prepares graduates for a range of different careers. With a four year bachelor's degree, you can apply for managerial positions overseeing other medical billers and coders.

What Will My Careers Options Be After Graduation?

With a degree in medical billing and coding, graduates can choose to work in health insurance companies, nursing homes, private medical practices or hospitals. Anywhere that medical services are provided and insurance is used requires at least one qualified medical biller and coder. A great benefit to working in this field is being able to work from home much of time. Since the work is done independently, most employers are fine to have their employees work a flexible schedule from home as long as the required tasks are completed accurately and on time.

Why Should I Study Medical Billing and Coding Online?

Studying medical billing and coding online is a great way to prepare for your career. It encourages you to spend time focused and independent, two things that will come in handy when you career begins. Online study also allows you to pursue your degree while you work full time to afford your tuition fees and related costs.

If you want a great position in a growing medical field, then consider earning an online medical billing and coding degree from an accredited online college.

Discover the advantages of online learning. You can earn the degree you want and continue to maintain your current responsibilities. Today's online education is designed to give you the flexibility and convenience necessary to keep your life going while advancing your education and career opportunities.