A recent report shows that the healthcare industry is now the largest employer in the United States. In year 2000, industries such as manufacturing and retail topped the charts. In fact, at that time there were 7 million more employees in the manufacturing industry than in health care. However, in the last almost two decades, much has changed and innovations and changes in the healthcare industry have contributed to the rise in employment.
What Attributes to the Growth in the Healthcare Industry?
Much of the growth in the healthcare industry can be attributed to the aging population. Generation X, the offspring of the Baby Boomers, are reaching a mature age and by 2025 it is estimated that one quarter of the workforce will be older than 55 years of age. The aging country will require more care and more workers in the healthcare industry.
Additionally, another reason for the increase in employment the healthcare industry is due to the government. The healthcare industry is publicly subsidized in a variety of ways. Each year, the United States spends hundreds of billions of dollars on Medicare, Medicaid, and healthcare benefits for government employees and veterans. As the subsidies continue, more workers are needed to manage the programs and benefits.
Join a Booming Industry
Although you may think the increase in employment in the healthcare industry means an influx in the amount of doctors and nurses, that is actually not the case. An interesting fact is that the boom in healthcare employment is coming more from administrative positions, such as medical billing and coding specialists. These administrative positions are imperative for medical organizations to run efficiently and effectively. Without these administrative positions, physicians, nurses, and others are not able perform their job or remain profitable.
If you are interested in pursuing a career in a leading industry, look no further than medical billing and coding. As a medical billing and coding specialist you can benefit from an awarding career and job security. Additionally, you’ll become an expert on a variety of cutting-edge technologies and gain comprehensive knowledge of the healthcare industry. You will allow physicians and other medical professionals to focus on quality patient care and play a vital role in helping medical facilities run smoothly and increase their profitability.
Learn More at Applied Medical Systems (AMS)
If you are ready to start your career in the ever-growing healthcare industry, we encourage you to contact AMS today. Our medical medical billing and coding specialists enjoy flexibility, competitive pay, and great benefits. Learn more.