Healthcare DIVE January 29, 2024
Medical coding is a dynamic and complex field requiring expertise in medical terminology, anatomy and treatments, as well as a deep understanding of billing regulations and practices. With 95,000-plus codes from three medical coding systems, coders play a critical role in a hospital’s revenue cycle and financial health. However, the demand for certified coders has significantly increased, especially since the COVID-19 pandemic, leading to a notable shortage in this crucial profession.
The High Stakes of Medical Coding
The medical coder shortage is a critical concern, with the American Medical Association reporting a 30% gap in this vital workforce.[1] This shortfall extends beyond clinical roles, significantly hindering the revenue cycle and finance capabilities in a health system. In fact, a survey...
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