Technology increasingly influences the evolution of the healthcare industry. Digital coding software called “encoders” can streamline the coding process and have provoked many to wonder about the future of medical coding.
Software can help to reduce the probability of human error but certainly does not replace what a human medical coder brings to the table: ability to decipher human documentation and the reasoning skills to accurately translate them into instructions for billing.
According to the projection from the Bureau of Labor Statistics, employment for medical records and health information technicians (including medical coders) is expected to increase 9% from 2022-2032, faster than the average U.S. occupation.*
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BLS pay estimates calculate the median annual wage for various occupations. Per the BLS the median wage for an occupation is: "The wage at which half of the workers in the occupation earned more than that amount, and half earned less. Median wage data are from the BLS Occupational Employment and Wage Statistics survey." Bureau of Labor Statistics (BLS), U.S. Department of Labor, Occupational Outlook Handbook 2023. BLS median wage estimates do not represent entry-level wages and/or salaries. Multiple factors, including prior experience, age, geographic market in which you want to work, and degree level and field, will affect career outcomes, including starting salary and earnings as an experienced employee. Herzing neither represents that its graduates will earn the median salaries calculated by BLS for a particular job nor guarantees that graduation from its program will result in a job, promotion, particular wage or salary, or other career growth.
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