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Medical Coding involves transforming healthcare procedures/diagnoses, medical equipment/services into standardized 7 digit alphanumeric codes. The diagnoses and procedures are sourced from the Electronic Health Record (EHR), which includes transcriptions of physician notes, voice files from doctors, lab results, radiology findings, and clinical statements.
The medical coding field experienced significant growth following the shift from ICD 9-CM to ICD 10-CM in 2015, resulting in a rapid increase in all sectors of the healthcare management industry and creating 10 – 12 million job openings for medical coders
In India, medical coding course fees generally fall between ₹30,000 and ₹80,000, although this can differ greatly. Medical coding course fees depends on the prestige of the training center, the length of the program (which ranges from three to seven months), and the learning format, whether online or in-person.
For instance, programs linked to the government may provide certificate courses for approximately ₹27,000, whereas advanced diploma programs from private institutions tend to be more expensive. Numerous institutions offer flexible payment plans and installment choices to enhance the accessibility of their courses.
It is essential to recognize that the course fee frequently does not include the expense of the real certification exam. Charges for significant certifications such as AAPC’s Certified Professional Coder (CPC) or AHIMA’s Certified Coding Specialist (CCS) are distinct and may range from ₹30,000 to ₹40,000 or higher, occasionally covering association membership and exam retakes. In choosing a program, future coders must evaluate the worth offered by curriculum quality, skilled instructors, and job placement assistance, rather than solely focusing on the upfront price
Medical coding and Billing is being increasingly used in the present scenario, to create a proper record of patient care, streamline the medical billing process, accelerate payments to physicians, and identify the healthcare areas that require focus.
Major factors propelling the growth of the market include the escalating demand for coding services, rising need for a universal language to reduce frauds and misinterpretations associated with insurance claims, and high demand to streamline hospital billing procedures.
The Medical Coding and Billing Industry has met the cutting edge of information technology due to which there have been several channels opened towards placements in the health information field. These open doors have diversified and created platforms for the aspiring generation who have laid their career in the health information field.
Medical Coders and Billers play an important role in the financial success of private practices and other healthcare facilities. The greater the expertise of the Medical Coder in identifying relevant diagnoses for patient encounters, the greater the insurance reimbursement to the physician this field generates medical coders who specialize in coding after a thorough training program and a certification process. The American Academy of professional coders (www.aapc.com) and American Health Information Management Association (www.ahima.org) offers certification.
There is a high demand for medical billers and coders in the current job market. Thus, coding-related jobs are expanding, due to the growing landscape of the business side of healthcare, along with their efficiency to automate large amounts of work. Hence, the escalating demand for coding jobs is likely to drive the market studied across the world.
In fact, according to the US Bureau of Labor Statistics, Healthcare is the largest U.S. industry, making this career a sound choice and healthcare support professionals, including Medical Coders, are one of the 10 fastest-growing allied health occupations, and, studies show that Certified Coders and Billers are paid accordingly for their exceptional medical coding and billing skills. Transorze Offers 100% Job Oriented and Certification oriented.
The technological advancements in the healthcare industry and constantly changing classification systems are expected to create potential revenue opportunities for players operating in the target market over the forecast period.
In addition, data security is a major concern for healthcare organizations, and offshore coding companies are also becoming aware of these data security concerns, while understanding that breach in a client’s data is likely to result in the loss of business. Thus, leading offshore coding firms are building a secure environment for the coders to work in.
Medical coders also known as clinical coders or medical records technician analyse the EHRs and assign the relevant code using the standard classification system. The use of standard classification facilitates the health insurance providers to map the services provided by different service providers who may use varied medical terminology or abbreviations in the claim forms.
Medical coding leads to a very lucrative career. An average medical coder makes approx USD 21 per hour or USD 45000 per year.
The medical coding jobs are expected to increase by 13% in 2026 as against 7% growth in other sectors. This boost has been given by an aging population, and also more diseases are being assigned codes.
There was a transition from ICD 9 to ICD 10 in 2016.
Transorze provides the best medical coding training in Kerala, India. Our trainers are CPC-certified and have a rich experience in the field of medical coding. Transorze provides hands on training with exposure to real life situations.
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Medical coding is a lucrative and secure profession due to the high demand for certified coders in the expanding healthcare industry. It offers job security, opportunities for career advancement, and the flexibility of remote work arrangements.
Medical coding is the translation of medical services into codes, while medical billing uses these codes to manage patient accounts, create insurance claims, and handle the reimbursement process.
The course covers the essential coding systems used in the industry, including ICD-10-CM, CPT, and HCPCS.
Transorze provides comprehensive training from certified and experienced trainers using updated materials and state-of-the-art infrastructure. The program includes one-on-one feedback, counseling, chapter-wise quizzes, and multiple mock exams to fully prepare you for certification.
The program is ideal for individuals looking to enter the healthcare field in a non-clinical role that offers stability and growth. It serves as a strong foundation for a long-term career with opportunities for advancement into auditing, management, and compliance roles.
