The Medical Coding Job Market

Chapter 1

If you're considering entering the medical coding profession, you're going to be joining a growing field. In fact, according to 2005 statistics from the United States Department of Labor, Bureau of Statistics, the healthcare information industry is expected to grow faster than normal through 2014.

The medical coding specialist profession is booming within the healthcare information industry.

Furthermore, it specifically states that medical coders with be in high demand "because of rapid growth in the number of medical tests, treatments, and procedures that will be increasingly scrutinized by health insurance companies, regulators, courts, and consumers." (Source U.S. Department of Labor, Bureau of Labor Statistics.)

Additionally, the healthcare environments likely to see the biggest increase of jobs are doctor's offices, outpatient care centers, home healthcare services and nursing homes and facilities. As we covered in the last chapter, many of these types of businesses utilize the services of medical coding professionals.

Additionally, with the rise in popularity of telecommuting and outsourcing to cut down on rising costs of hosting in-house employees, some of these medical coding jobs may also end up with medical coding and billing companies in addition to self-employed medical coders.