As this is one of our combination programs, you will find that there are two different course descriptions; one for each portion of the program:
Medical Billing:
Lakewood University’s Medical Billing program provides a comprehensive understanding of medical billing and its components. This program will contain many topics regarding medical billing topics such as managed care, insurance claim processing, a brief introduction to ICD-10-CM coding, HCPCS coding, and CPT coding and reimbursement methodologies. It will also cover claim form submission for Medicare, Medicaid, Blue Cross Blue Shield, Workers’ Compensation, and TRICARE. It will also cover the basic office needs, how coding and billing interrelate, and how to maintain and establish the electronic health record.
Medical Coding:
Lakewood University’s Medical Coding program provides a comprehensive understanding of medical coding and its components. This program covers many topics including navigating the International Classification of Disease, ICD-10-CM, Current Procedural Terminology (CPT), and Healthcare Common Procedure Coding Systems (HCPCS). This program will also take students through a series of individual coding cases that will require them to use all three coding books for individual body systems.
Lakewood University provides everything you need for the Medical Billing & Coding Program. You will receive:
Across American Academy of Professional Coders™ (AAPC) membership, medical coders (certified and non-certified) earn an average salary of $54,890, up 5.8% from last year’s average salary of $51,889. Medical coders without certification earn approximately $42,015 per year while certified professional coders on average earn $55,923 annually—33% more than their non-certified colleagues. This calculation includes all certifications attained through AAPC, AHIMA, and other organizations. The average salary solely for AAPC-certified professionals is 8.7% higher.
Pay continues to climb for medical coding certification. The salary for health information technicians with two credentials rises to an average of $64,890. Billing and coding specialists with three or more credentials earn approximately $70,608 per year.
Due to the increase in the medical field (tests, treatments, and procedures included) employment as a medical biller is expected to grow by 11 percent to 2028, much faster than the average for all occupations.
The demand for health services is expected to increase as the population ages.
Further, since the addition of electronic health records (EHR), the need for technicians is increased yet again to keep up with the many new opportunities in EHR data management.
The median annual wage for medical records and health information technicians was $45,240 in February 2022.
Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Medical Records and Health Information Technicians, on the Internet at https://www.bls.gov/ooh/healthcare/medical-records-and-health-information-technicians.htm (visited February 18, 2022).
| Payment Plan | Total Tuition | Enroll |
|---|---|---|
| Pay in full Payment in full: $14,400.00 | Tuition: $14,400.00 |
Lakewood University provides all textbooks, study guides, supplemental materials, achievement exams, and instructional support at no cost to the student.
This is a 1200 clock hour program with a tuition cost of $12 per clock hour (1200 clock hours X $12 per clock hour = $14,400.00 in tuition).
Application Fee- $75 for degree programs; $0 for vocational programs
Registration Fee – $200 for degree programs; $125 for vocational programs
Library Fee – $100 per degree semester; $250 per vocational program term
