September 25, 2006

Wright Business School Medical Training Yields Positive Job Outlooks Through 2014

Administrative Medical Assistants

“Employment of medical assistants is expected to grow much faster than average for all occupations through the year 2014 as the health care industry expands because of technological advances in medicine and the growth and aging of the population. Increasing utilization of medical assistants in the rapidly growing health care industry will further stimulate job growth. In fact, medical assistants is projected to be one of the fastest growing occupations over the 2004–14 period.

Employment growth will be driven by the increase in the number of group practices, clinics, and other health care facilities that need a high proportion of support personnel, particularly the flexible medical assistant who can handle both administrative and clinical duties. Medical assistants work primarily in outpatient settings, a rapidly growing sector of the health care industry.

In view of the preference of many health care employers for trained personnel, job prospects should be best for medical assistants with formal training or experience, particularly for those with certification.” 

Medical Assistants

“Employment of medical assistants is expected to grow much faster than average for all occupations through the year 2014 as the health care industry expands because of technological advances in medicine and the growth and aging of the population. Increasing utilization of medical assistants in the rapidly growing health care industry will further stimulate job growth. In fact, medical assistants is projected to be one of the fastest growing occupations over the 2004–14 period.

Employment growth will be driven by the increase in the number of group practices, clinics, and other health care facilities that need a high proportion of support personnel, particularly the flexible medical assistant who can handle both administrative and clinical duties. Medical assistants work primarily in outpatient settings, a rapidly growing sector of the health care industry.

In view of the preference of many health care employers for trained personnel, job prospects should be best for medical assistants with formal training or experience, particularly for those with certification.” Continue Reading...

Medical Insurance Coding

“Technicians with a strong background in medical coding will be in particularly high demand. Changing government regulations and the growth of managed care have increased the amount of paperwork involved in filing insurance claims. Additionally, health care facilities are having difficulty attracting qualified workers, primarily because of the lack of both formal training programs and sufficient resources to provide on-the-job training for coders.” 

Medical Transcriptionist

"Job opportunities will be good. Employment of medical transcriptionists is projected to grow faster than average for all occupations through 2014. Demand for medical transcription services will be spurred by a growing and aging population. Older age groups receive proportionately greater numbers of medical tests, treatments, and procedures that require documentation. A high level of demand for transcription services also will be sustained by the continued need for electronic documentation that can easily be shared among providers, third-party payers, regulators, consumers, and health information systems. Growing numbers of medical transcriptionists will be needed to amend patients’ records, edit documents from speech recognition systems, and identify discrepancies in medical reports.

Contracting out transcription work overseas …not expected to significantly reduce the need for well-trained medical transcriptionists. …the demand for overseas transcription services is expected only to supplement the demand for well-trained domestic medical transcriptionists. …Speech-recognition technology allows physicians and other health professionals to dictate medical reports to a computer that immediately creates an electronic document. In spite of the advances in this technology, the software has been slow to grasp and analyze the human voice and the English language, and the medical vernacular with all its diversity. As a result, there will continue to be a need for skilled medical transcriptionists to identify and appropriately edit the inevitable errors created by speech recognition systems, and to create a final document.

Hospitals will continue to employ a large percentage of medical transcriptionists, but job growth there will not be as fast as in other industries. An increasing demand for standardized records should result in rapid employment growth in physicians’ offices, especially in large group practices.” 

Source: U.S. Department of Labor | Top ^