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Medical Insurance Billing and Coding (AAS)

Medical coders play a vital role in the connection between healthcare providers, patients, and insurance companies. The Associate of Applied Science Degree in Medical Insurance Billing and Coding is designed to provide instruction in how to read patient charts to determine medical history, including diagnoses and treatments given. Students learn how to perform the tasks associated with filling out health insurance forms, including those associate with organizing and evaluation health claim forms for billing. As vital members of a medical team, students learn how to use the current code (ICD10, International Classification of Diseases) to track patient diagnosis and treatment, as well as a diverse set of skills and knowledge of medical terminology, anatomy, and billing software.

Graduates with an associate degree may enjoy more job opportunities with room for upward mobility. An associate degree may offer a particularly good return on investment (ROI), since the cost of obtaining the degree is significantly less than a bachelor’s degree.*

Graduates are trained for entry-level jobs such as:

  • Medical billing clerk
  • Medical billing/coding supervisor
  • Medical office manager
  • Medical billing manager
  • Medical technologist
  • Medical billing/coding supervisor
  • Medical coding auditor

If you enjoy working with computers, people and processes, you may already have a start on some of the skills needed for a successful MIBC career working in a:

  • Doctor’s office
  • Hospital
  • Insurance company
  • Nursing home
  • Outpatient clinic
  • Urgent-care facilities
  • Home healthcare agencies
  • Pharmaceutical companies

Medical Insurance Billers and Coders (MIBC) have a firsthand opportunity to affect the profitability of a healthcare facility. An MIBC ensures that medical records and insurance forms are assigned correct codes. Billing accuracy makes sure that the facility receives the correct insurance reimbursement for the services performed.

*https://www2.ed.gov/policy/highered/reg/hearulemaking/2011/collegepayoff.pdf

Certification

Classes prepare students to sit for the exam to become a Certified Professional Coder (CPC) or Certified Billing and Coding Specialist (CBCS) after meeting eligibility requirements.

In our 24 month program, you will learn how to:

  • Assign codes for medical and surgical procedures
  • File insurance claims
  • Manage patient records
  • Navigate the insurance process
  • Perform accounting, billing and collection procedures
  • Use coding and billing software
  • Understand medical terminology and anatomy
  • Work with electronic health records

Note: Completion times may vary with each student.

Employers Look for the Following Skills and Abilities:

  • Attention to Detail — requires being careful about detail and thorough in completing work tasks, good with numbers, having excellent memory.
  • Integrity — requires being honest and ethical, possessing good judgement.
  • Cooperation — requires being pleasant with others on the job and displaying a good-natured, cooperative attitude. Displaying good customer service skills.
  • Dependability — requires being reliable, responsible, and dependable, and fulfilling obligations.
  • Self-Control — requires maintaining composure, keeping emotions in check, controlling anger, and avoiding aggressive behavior, even in very difficult situations.

Wages & Employment Trends

Graduates with an associate degree may enjoy more job opportunities with room for upward mobility. An associate degree may offer a particularly good return on investment (ROI), since the cost of obtaining the degree is significantly less than a bachelor’s degree.  Lifetime earnings (The College Payoff, Table 1A) for adults with just a high school diploma are $1.9 million (75th Percentile), while those with an associate degree earn $2.4 million. Projected earnings for college graduates with an associate degree vary widely, depending on the industry the graduate pursues after school and the location of the job.

https://www2.ed.gov/policy/highered/reg/hearulemaking/2011/collegepayoff.pdf

Median wages (2017) $16.64 hourly, $34,610 annual.

Source: Bureau of Labor Statistics 2017 wage data.

There is a wide range of earning potential for qualified people in this career field. Vista is here to help you receive the training you need to be qualified to join this healthcare group.

Source: https://www.onetonline.org/link/summary/43-6013.00

Employment is projected to grow from 2016 to 2026 much faster than the average rate for all occupations (Much faster than average = 15% or higher).

Note: Salaries may vary according to location and other factors.

Source: http://www.bls.gov/ooh/office-and-administrative-support/secretaries-and-administrative-assistants.htm#tab-6

For additional information on this program’s gainful employment, student graduation, placement, charges, median loan debt, and possible occupational outcomes, see: http://www.vistacollege.edu/disclosures/.