The Pandemic’s Effect on the Coding Job Market
For The Record featuring Bill Wagner, CHPS, CPCO, Chief Operating Officer
Before the pandemic, the economy was among the strongest on record, with unemployment at or near the lowest reported levels in decades. However, COVID-19 had shut down nearly 30% of the economy, including large swaths throughout health care.
Medical billing and coding had been among the most in-demand professions. In fact, the Bureau of Labor Statistics listed medical coding among the 20 fastest-growing occupations.
AAPC notes that “job security factors into quality of life, which is one reason why medical coding is a good career choice. Despite economic fluctuations impacting employment opportunities for most professions, the need for health care professionals, including health information technicians, is at a historic high—and will remain so.”