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.
- The number of codes increased from 16,000 to 1,25,000
- More than 30 million more USA citizens got covered by insurance
- There is an increase of more than 10.5 million jobs
- There is great scope for employment in Medical coding
India is the most sought after destination for outsourcing of medical coding projects because:
- English is the 2nd language
- World’s largest democracy. India is considered one of the most relatively safe countries with a stable economy
- Indian population is very tech-savvy and hard working
- Low wages.
The average starting salary of a certified CPC medical coder ranges from $28,631 to $309,694 per annum.
