Is Medical Coding A Dying Career 2020?

Is there a demand for medical coders?

The good news is, the medical billing and coding field is growing.

Jobs for medical secretaries, under which medical billers and coders fall, are projected to grow 22% through 2026, based on the Bureau of Labor Statistics..

What pays more medical billing or coding?

Medical billers and coders ensure that health care providers are paid by insurance companies, by putting patients’ treatment information into industry-recognized formats. In terms of average salary, there is no difference between medical billing vs. medical coding.

Is medical coding a stressful job?

Medical billing can be a stressful job for some. The deadlines and pacing of the work does require some getting used to, but it is not overwhelming or excessive.

Is medical coding a dying field?

As a result, technology advancements take jobs. It’s predicted that 85% of the careers in 2030 don’t exist yet according to The Institute for the Future (IFTF). …

Is Medical Coding a good Career 2020?

Job outlook. According to the Bureau of Labor Statistics, job prospects for medical coders, medical billers and other health information technicians should be good through 2020. The bureau expects these jobs to grow at a rate of 21 percent, 11% higher than the average growth rate for the American economy.

What is the future of medical coding?

The U.S. Bureau of Labor Statistics reported that job growth for medical coders is growing at more than double the average rate across all industries. Between 2014 and 2024, the number of medical coding jobs is expected to grow by 15 percent.