Career Outlook for Medical Billers
If you are looking for a career that offers good wages and career opportunities then you may want to consider becoming a medical biller. As a medical biller, you will compile biller records and prepare invoices for medical offices, physicians, and dentists, among others. Your services help these offices stay on top of their billing and income for their clients.
In 2008 there were 528,800 medical billers working in the United States. Generally this job has a fair amount of turnover as workers become more experienced and move on to other job opportunities. Since becoming a medical biller only takes a few months of training, it is the perfect opportunity for high school graduates to get a job that pays better than minimum wage, while they finance their future education.
Medical biller career opportunities are also a good choice for those who are looking to get back into the workforce after a lengthy time off – such as stay-at-home moms. With a little bit of training you can be ready to become a medical biller and start building your experience, while making pretty good money.
In 2008 the average earnings for this wage was $30,950, or $15.48 per hour. Compared to the minimum wage rate for 2008 of $6.55, this is a significant increase, for a very little amount of investment in training and education. As long as you have a high school diploma you can enter the field of medical billing, although job prospects are much improved if you take a few months to train before applying.
The prospects for a career in medical billing are very good. From 2008-2018, it is expected that there will be 15% more jobs created, which equates to 80,800 more positions. Part of the new growth is due to the increase in the use of health services by aging baby boomers, as well as retiring and turnover of existing billers.
Medical billers can work for large billing companies, or they can work independently. Over time you can work your way up to a more supervisory role, and you can even manage a department of medical billers and oversee their work. Usually to advance in these positions you will need some further training, which you can get through special courses. If you decide to start working as a medical biller on your own then you can consider starting your own medical billing business and hiring other medical billers.
Overall a career as a medical biller gives you a quick start at a job that pays well. If you don’t have the funds to go to university then becoming a medical biller is a great way to finance further schooling. You can also find many job opportunities in medical billing that let you have a flexible schedule so you can go to school or raise your kids around working and earning a reasonable salary.
With the job growth in this field there is no reason why you shouldn’t be able to find a great job as a medical biller, especially if you are willing to take a few weeks or months to complete training. The more training you have, the more employable you will be and the faster you will move up.
The career outlook for medical billers is very good, and if you get started now you can have a great job in no time flat. Start by finding medical billing jobs in your area, and what the training requirements are. You may need just a few classes to be qualified, and then you can have a great job that pays more than double minimum wage.