What is Medical Coding?

Medical coding is the process of translating healthcare procedures and diagnoses into universally recognized codes for billing, insurance claims, and data analysis.

How big is the U.S Medical Coding Market?

The U.S Medical Coding Market size was estimated at USD 18.6 billion in 2022 and is expected to reach USD 44 billion in 2032.

What is the U.S Medical Coding Market growth?

The U.S Medical Coding Market is expected to grow at a compound annual growth rate of 9.4%. From 2023 To 2032

Who are the key companies/players in the U.S Medical Coding Market?

Some of the key players in the U.S Medical Coding Markets are StarTek, Oracle, Maxim Healthcare Services, Parexel International Corporation, Aviacode Inc., Verisk Analytics, Inc., Medical Record Associates, LLC., Optum, Dolbey System Inc.

What are the Key Coding Systems Used in the U.S.?

The primary coding systems in the U.S. are ICD-10-CM for diagnoses, CPT for procedures, and HCPCS Level II for supplies and services.

Why is Medical Coding Important?

Medical coding ensures accurate billing, reimbursement, and healthcare data management, which is crucial for healthcare providers, insurers, and researchers.

What Are the Ethical Considerations in Medical Coding?

Coders must adhere to ethical standards, ensuring patient confidentiality, accuracy, and compliance with healthcare regulations.

U.S Medical Coding Market by Classification System (ICD, HSPCS, CPD), By Component (In-House and Outsourced), By Medical Specialty (Oncology, Anesthesia, Cardiology, Pathology, and Others), and By Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2032

Published date: June 2024
Report ID: 105997
Number of Pages: 384
Format:

- StarTek
- Oracle Corporation Company Profile
- Maxim Healthcare Services
- Parexel International Corporation
- Aviacode Inc.
- Verisk Analytics, Inc.
- Medical Record Associates, LLC.
- Optum
- Dolbey System Inc.
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