Lakewood University

Medical Billing & Coding Certificate

Program Highlights
  • 32 Week Program
  • Accredited
  • Instructor Assistance
  • Your Own Success Coach
  • Books Included in Tuition

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.

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Program Outcomes
Program Outline
What You Receive
Career Outlook
Program Cost
  • Apply medical terminology
  • Explain the importance of health insurances and managed health care
  • Process an insurance claim for commercial insurance, Blue Cross/Blue Shield, Medicare, Medicaid, TRICARE, and Workers’ Compensation
  • Demonstrate the basics of medical coding
  • Explain the importance of coding for medical necessity
  • Explain the legalities of medical billing
  • Follow essential CMS-1500 Claim instructions
  • Describe the difference between Medicare Part A, B, C, and D
  • Locate and translate regulatory rules and regulations as they apply to medical billing and coding
  • Describe the structure of an ICD-10-CM code
  • Demonstrate the ability to navigate the layout of the ICD-10-CM, CPT, & HCPCS manuals
  • Describe the layout and guidelines of the ICD-10, CPT, & HCPCS manuals
  • Illustrate ability to abstract diagnostic statements from the medical record and differentiate between main and modifying terms and subterms in the coding manuals.
  • Choose diagnoses and procedures using the ICD-10, CPT, & HCPCS manuals, following chapter-specific guidelines.
  • Recognize the structure of an ICD-10-CM code
Program Outline
What You Receive

Lakewood University provides everything you need for the Medical Billing & Coding Program. You will receive:

  • Comprehensive Medical Billing & Coding textbooks & study guides
  • Career search & time management guides
  • Open-book, online exams
  • Instructor guidance and unlimited tutoring
  • Your own Student Success Coach!
  • Access to our online library!
  • Networking with Lakewood’s active student and alumni social community
Career Outlook

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.

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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 (visited February 18, 2022).

Program Cost
Payment PlanTotal TuitionEnroll
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).

Administrative Fees (in addition to the tuition above)

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