Many New Mexico online medical billing school options, as well as campus based programs, exist for residents of the Land of Enchantment. Students will find medical coding and billing schools programs at some of the state's community and technical colleges, or may opt for the convenience and flexibility of an online program.
Searching for a New Mexico online medical billing school requires due diligence in order to find a quality program which will meet your needs. One of the best ways to separate the good programs from the questionable ones is to look for accreditation. Accreditation ensures a school complies with specific standards in providing a quality education. Three accrediting bodies to look for which specialize in the medical billing and coding field are The Commission of Accreditation for Health Informatics and Information Management (CAHIIM), The American Health Information Management Association (AHIMA), and The American Academy of Professional Coders (AAPC).
Try to determine your employment goals before selecting the appropriate New Mexico online medical billing school or campus based program. If you are planning to focus on medical coding, it is in your best interests to enroll in an Associates' Degree program. This two year program will provide you with detailed education about how to assign specific medical codes to diagnoses and procedures; it is very important to code properly because proper codes ensure the doctor or hospital is paid appropriately.
If your goal is to work more on the billing side of the industry, perhaps in a medical practitioner's office where you will have little to do with the actual coding and will focus mainly on billing, you will probably be fine with a certificate program, which should last from 9-12 months. Similarly, if you plan to open your own medical billing business from home, the certificate program will be enough to give you the education you need.
Ask for references and call them. Ask specific questions about the amount of hands-on learning the students are given, and find out if former students feel they were adequately prepared for employment from the program. Speak with the people in any career placement office they may have and find out what their success rate in placing students in jobs might be.
After completing your New Mexico online medical billing school program, you will find the biggest concentration of jobs in the metropolitan areas where hospitals and medical practitioners are clustered. The U.S. Department of Labor (www.bls.gov) reports that in 2014 (the latest figures available) the mean hourly wage for New Mexican medical billing specialists was $16.26 and the annual wage was $33,830. Other areas of New Mexico reported the following:
|Area||Mean Hourly Wage||Mean Annual Wage||+/-Change Since 2010|
|Sante Fe, NM||$16.30||$33,900||+1K|
|Las Cruces, NM||$14.94||$31,070||+7K|
|North and West Central NM Non-metropolitan Area||$17.67||$36,760||+1K|
|Southwestern NM Non-metropolitan Area||$14.22||$29,580||+3K|
|Eastern NM Non-metropolitan Area||$14.77||$30,720||+2.5K|
Although many areas of New Mexico show only modest gains in income in the four year span between 2010 and 2014, Las Cruces posted an impressive $7,000 per year increase in salary! It is interesting to note that the biggest increases across the board came from the smaller and more rural towns, which is good news for those areas.
New Mexico enjoyed a 13.2% increase in population from 2000-2010, according to the U.S. Census Bureau. This translates into increased need for healthcare, and thus increased need for medical billing specialists, making investing in a New Mexico online medical billing school a positive move for the future.Home › Medical Coding and Billing Schools › New Mexico Online Medical Billing School
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