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New-age careers: Medical Coding

New-age careers: Medical Coding

Medical coding is the transformation of healthcare diagnosis, procedures, medical services, and equipment into universal medical alphanumeric codes. The diagnoses and procedure codes are taken from medical record documentation, such as transcription of physician’s notes, laboratory and radiologic results, etc.

Job Description

Innovations in medical coding:

The current international standard for medical coding is ICD-10 (the tenth version of the International Classification of Disease codes) from the World Health Organization (WHO). ICD‑10 has over 14,000 codes for diagnoses.

Besides, the next update to this international standard, ICD-11, has already been formally adopted by WHO member states in May 2019. WHO member state that implementation of ICD-11 will begin on January 2022. The new ICD-11 has over 55,000 diagnostic codes, four times the number of diagnostic codes contained in the WHO’s ICD-10.

Eligibility

Class 12: Science stream

Undergraduate courses: BSc degree in life science (biology/human anatomy/physiology), biotech, biochemistry, bioinformatics, endocrinology, nursing, pharmacy, nutrition and dietetics etc

Postgraduate courses: MSc in biology/human anatomy/physiology, biotech, biochemistry, bioinformatics, nutrition and dietetics, pharmacy, etc

Skills Required

Technical Skills

Non-technical Skills

Study courses

Career progression:

According to the Bureau of Labor and Statistics, the medical billing and coding field is expected to grow by 15 percent between now and 2024. That’s almost 30,000 job openings in the next seven years.

Entry-level positions: Medical Records Coordinator

Intermediate-level positions: Coding educator, validation specialist, coding supervisor, specialty coder, Medical Coding Specialist

Advanced-level positions: Heath Information Manager (HIM), compliance auditor, fraud/waste investigator

Master-level positions: Coding director, compliance officer, HIM director, project management, college professor, VP coding, operations director, CEO

Pay

Rs 1,92,000 – 9,00,000

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