Key Takeaways:
- Career Path in Medical Billing and Coding: This field involves organizing patient information and coding for insurance claims, mostly without patient interaction.
- Education Requirements: Typically requires 1-2 years of schooling, either through a certificate program or an associate’s degree.
- Program Ranking Factors: Schools are ranked based on unique classes, certifications, student population in the program, and net price.
- Online Learning: Many top schools offer online degrees in medical billing and coding, allowing students to manage their education and personal commitments.
If you’re looking for a career path that will allow you to work in the healthcare industry without requiring a copious amount of schooling, you might consider earning an online medical billing and coding degree. People who work in this profession are responsible for processing the thousands of codes required to keep track of a patient’s information and communicate with insurance companies.
Unlike other healthcare jobs, medical billers and coders typically don’t see many patients face-to-face. Rather, they put their organizational skills and attention to detail to work in offices, completing tasks in collaboration with other administrators.
Ranking the Online Medical Billing and Coding Schools
To become a medical biller or coder, you most likely only need to go to school for a year or two. Depending on your professional goals and the school in which you enroll, you might complete a certificate program or associate’s degree, and potentially supplement your education with “Continuing Education Units.” Listed below are the top 8 online colleges that offer medical billing and coding degrees, ranked according to a number of important factors. We looked at Unique Classes, Certifications, Number of Students in the Program, and the Net Price.
Net Price: This term refers to a more unique number than just flat tuition rates. We found this information on College Navigator, a comprehensive database that the National Center for Education Statistics (NCES) runs. According to NCES, Net Price takes into account tuition rates, additional fees, average financial aid packages, and even the potential cost of living while in school. Please keep in mind that these values are an approximation, used only for ranking purposes. If you are thinking of applying to one of the schools below, we encourage you to do the research to determine exactly how much you should expect to pay. We weighted this category 15%.
Number of Students in the Program: For this category, we determined the number of students at the college pursuing a degree in medical billing and coding compared to the size of the entire student body (also based on data from NCES). If a school had a higher than average number of students involved in medical billing and coding, we took it as an indication that the university puts a strong emphasis on this program, students find it more attractive than other programs/schools, or both. We weighted this category 25%.
Unique Classes: We also gave each college a score based on the overall uniqueness of their programs, based mostly on the breadth of courses offered as well as the number of classes that are not typically offered at other universities. We weighted this category 30%.
Certifications: Lastly, we also considered the number of related programs and opportunities a college offers its MB&C students. Schools received lower scores if they didn’t offer anything beyond a certificate, while schools earned high scores for offering certificates, one or more associate’s degrees, and also providing pathways to more advanced programs in related healthcare professions. We weighted this category 30%.
1. ICDC College
ICDC College offers an online associate degree in Healthcare Management that is both convenient and adaptable. Students are trained in medical coding and billing along with electronic records management, workplace management, and other healthcare-related responsibilities. ICDC has a wide variety of online associate’s degrees and certificates in subjects from Business Management to Medical Office Specialist; students can combine degrees to tailor their education to their individual career goals. The online medical billing and coding college also generously provides students with a new laptop and textbooks included in the price of their tuition.
Degree: Online Healthcare Management Associate Degree
More: Website
2. Cosumnes River College
Students at Consumnes River College receive an affordable education and an excellent foundation for a career in medical coding. The cheap online medical billing and coding school offers a Health Information Coding Specialist certification that takes two years to complete. The curriculum covers the basics of both information technology and the healthcare industry, with courses from Basic ICD Coding to Human Disease. The environmentally conscious college provides a significant number of other certificates in Business, Technology, Health, STEM, and language fields for students who want to take their education that extra step.
Degree: Online Health Information Technology Associate in Science Degree
More: Website
3. Stratford Career Institute
The online medical billing degree at Stratford Career Institute is a great choice for students who want to focus on the business aspect of healthcare. The program is designed to train students for the business and financial departments of hospitals and medical facilities. After completing the associate degree, graduates are eligible for certification by the American Health Information Management Association and the American Academy of Procedural Coders. The Stratford degree prepares graduates for work as medical assistants, medical secretaries, billing clerks, and medical records technicians; for example, past graduates have found employment in home care agencies and senior living facilities.
Degree: Online Medical Billing Specialist
More: Website
4. Grantham University
Students at Grantham University can take advantage of a cheap, high-quality medical coding degree that emphasizes the importance of a well-rounded education. The program includes classes in Public Speaking, American Government, English Competition, College Algebra, Student Success, and Strategies for Decision Making in addition to the medical coding and billing coursework. These classes help graduates broaden their knowledge and keep their skills sharp, which can make all the difference during a job search. Grantham also notes how helpful it is to learn medical coding and billing together, rather than separately, as part of the complete training process.
Degree: Online Medical Coding and Billing Associate of Applied Science Degree
More: Website
5. Berkeley College
Berkeley College’s online medical billing and coding school ranking demonstrates the school’s commitment to a broad curriculum that prepares students for a range of careers. The coursework, which covers subjects in Healthcare, Business, and Liberal Arts, is designed to teach students about the underlying dynamics and framework of the healthcare industry. Students get first-hand experience through internship credits and a research course and learn about the newest technologies in use in the field. The associate degree also can easily transition into a bachelor’s degree, or be combined with a number of related associate degrees.
Degree: Online Associate of Applied Science in Health Services Administration – Medical Insurance, Billing, and Coding
More: Website
6. Rasmussen College
The medical billing degree at Rasmussen College also stands out for its sheer variety of classes and degrees available to students in the healthcare field. Students can choose from a Medical Billing and Coding certificate, which takes twelve months to complete, or a Medical Billing and Coding diploma, which takes fifteen months. The coursework prepares graduates for the American Health Information Management Association certification exam, which is a national standard of accomplishment. Rasmussen also offers a certain level of financial stability to its students; tuition costs are locked in place so that students always know exactly how much they will pay.
Degree: Online Medical Billing and Coding Certificate or Diploma
More: Website
7. Laurus College
Nearly one-fifth of all students at Laurus College are enrolled in the Medical Billing and Coding occupational associate degree. This demonstrates the school’s special focus on the medical billing degree; in such a large program, students who enroll at Laurus can be sure that they are getting the best of the school’s resources. The program emphasizes the important role of medical coders in the growing healthcare industry as insurance regulations become stricter and insurance options expand. Potential careers for Laurus graduates include health information clerk, medical records technician, medical office manager, and billing and coding specialist.
Degree: Online Medical Billing and Coding Occupational Associate Degree
More: Website
8. Bryant & Stratton College
The affordable associate degree in Medical Reimbursement and Coding at Bryant & Stratton College matches students’ abilities to the career track that is best for them. The degree is designed for detail-oriented individuals with previous data processing experience. Students can choose between a physician track and a hospital track, depending on their career goals and the area in which they would most like to work. However, Bryant & Stratton make it simple for students to become cross-credentialed in both areas as well. Furthermore, the online medical coding degree prepares students for certification by the American Academy of Professional Coders or the American Health Information Management Association.
Degree: Online Associate of Applied Science in Medical Reimbursement & Coding
More: Website
What is Medical Coding?
Medical coders are responsible for assigning a code to each procedure or diagnosis according to the International Classification of Diseases (ICD) codes. They must ensure that each code is accurate and correctly assigned so that insurance claims can be processed correctly. Billing specialists are responsible for submitting claims for payment on behalf of healthcare providers, such as physicians, dentists, chiropractors, and others.
Medical coding and billing is a complex process that requires knowledge of medical terminology, anatomy, and physiology. It is no wonder that many people are interested in enrolling in an online medical coding school.
Is Medical Coding and Billing a Good Career?
Medical billing and coding is a great career because it offers a lot of job security, it has a high demand, and the salary is competitive. All nursing and health professions in healthcare facilities around the world depend on coding and billing specialists.
Medical billing and coding is one of the fastest-growing careers in America. It is projected to grow by 7% by 2031, according to the Bureau of Labor Statistics (BLS). This means that there will be more jobs available for medical coders than ever before. Medical billing and coding also have a high demand because more doctors are opening up their own practices, which means they need medical coders to help them keep up with all the paperwork. Medical billing and coding also pay well; in fact, it pays better than most other careers. The median salary for medical coders is $37,000 per year with no degree or certifications required. A certified coding associate can make even more.
What Will I Learn in a Medical Coding and Billing Program?
Medical coding and billing programs prepare students for a career in healthcare by teaching them the skills necessary to work in this field.
Students in a medical coding program will learn the basics of:
- anatomy
- physiology
- medical terminology
- electronic health records
- legal and ethical issues
They will also learn how to use medical coding and billing software as well as how to read and understand insurance forms, medical records, and hospital documentation.
Medical coding and billing programs can help individuals with a variety of educational backgrounds. Some of these include business administration majors who want to enter the healthcare industry or nursing graduates who are looking for a change of pace.
Is an Online Medical Coding and Billing Program a Good Choice?
The medical field is one of the most competitive fields in the world. With the ever-changing technology, it has become even more difficult to keep up with all the changes. There are many online medical coding and billing programs that can help you learn how to code and bill for medical procedures.
Online medical coding schools are a great choice for individuals who want to pursue a career in the medical industry. There are many reasons why an online medical coding and billing program might be a good choice for you. One of the most important reasons is that you can take the course when it is convenient for you.
The following are some reasons why an online medical coding and billing program might be a good idea:
- Online programs can help to reduce the costs associated with traditional schooling
- Online coding programs can provide students with more flexibility
- An online coding program can provide students with more opportunities to learn at their own pace
- Online education programs provide students with the opportunity to make money while they learn
Online students can also earn a medical coding certificate for higher pay and more opportunities. A medical coding specialist certificate or healthcare coding specialist certificate shows prospective employers that you have passed national certification exams and proven your expertise.
Your Career
Online medical coding programs prepare healthcare professionals for a rewarding career on their own terms. Prospective students for associate degree programs should make sure they are choosing an accredited online medical billing program if they want to become coding professionals. What you put into a medical coding specialist program, you’ll get out. Plus, you may choose to go on to a health informatics degree.
The medical field is one of the most in-demand careers right now. With an online medical coding and billing program, you can get a head start on your career and learn the skills you need to succeed.
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