Medical billing and coding professionals play a critical role in the healthcare industry. They ensure that medical records are accurately translated into billing codes, ensuring that patients receive the correct diagnoses and treatments while healthcare providers can receive timely reimbursements. If you’re looking to join this growing field, DeVry University offers a comprehensive medical billing and coding program. However, one of the most important factors to consider is the cost of education.
In this guide, we’ll dive deep into the DeVry Medical Billing and Coding Cost and other essential information that you need to know before enrolling in their program.
What is Devry University’s Medical Billing and Coding Program?
DeVry University is an accredited institution that provides quality education for students seeking degrees in various fields. One of their signature programs is medical billing and coding. This program equips students with the knowledge, skills, and experience needed to succeed in this growing field.
The curriculum includes training in ICD-10-CM/PCS (International Classification of Diseases), CPT-4 (Current Procedural Terminology), HCPCS II (Healthcare Common Procedure Coding System 2), medical terminology, anatomy & physiology, computer applications for healthcare professionals, pharmacology for allied health, ethics & legal issues in healthcare professions, quality management processes for allied health professionals, reimbursement methodologies used in healthcare facilities & insurance organizations among others.
What Are The Requirements For Enrolling In DeVry’s Medical Billing And Coding Program?
Before enrolling in this program at DeVry University, there are several admission requirements you must meet. These will include having a high school diploma or equivalent certificate; providing official transcripts for all college-level work if applying as a transfer student; complete an interview with a member of the university’s admissions committee among others.
It is essential to note that different states may have additional requirements depending on their governing regulations. It’s always advisable to confirm with the institution on the state-specific requirements.
What is The Cost of Enrolling In DeVry University’s Medical Billing And Coding Program?
The cost of enrolling in DeVry University’s medical billing and coding program may vary depending on several factors. They include:
Tuition Fees
Tuition fees are the primary cost one incurs when enrolling in any degree program. For students pursuing a certificate or an associate degree in this field at DeVry, tuition costs about $15,835 for online courses and $16,792 for on-campus courses.
For those enrolled in bachelor-level programs, tuition fees at DeVry are about $59,705 for online classes and $63,312 for campus-based learning.
It’s worth noting that these figures are subject to change from time to time. It would be best if you confirmed with the university on current tuition fee rates when enrolling.
Textbooks And Course Materials
When studying medical billing and coding at DeVry University, you’ll need certain textbooks and course materials to enhance your understanding of various concepts taught in class. These could include textbooks, study guides, and software applications among others. Typically, these costs range from $1,000 – $2,500 per year based on individual needs.
Technology Needs
In today’s digital age technology is an essential element of any modern education system. If you’re considering taking up a medical billing and coding course at Devry University be aware that there might be additional technology expenses to consider such as laptops or computers among others which can range anywhere between $500-$1500 depending upon the type of device needed.
Other Fees
There are other smaller fees such as application fees ($50), graduation fees ($65) as well as lab fees (approx. $60) that one must also factor in when budgeting for tuition-related expenses.
Financial Aid Options Available For Students Of DeVry University’s Medical Billing And Coding Program
The cost of enrolling in DeVry University’s medical billing and coding program can be quite steep, especially for students who are not financially stable. However, several financial aid options are available to help students offset these costs. Here are some of the options:
Scholarships
Scholarships are a form of financial aid that does not require repayment. They’re awarded based on academic merit, talent, or need. Devry University’s scholarship programs include the DeVry Advancing Women in Technology Scholarship and Keller Graduate School of Management Scholarships among others.
Student Loans
Student loans offered by various federal and private organizations allow students to borrow money to finance their education at DeVry University and repay it at a later date with interest. Students can explore the possibility of taking up federal subsidized loans which have low-interest rates and provide favorable terms or from private lenders such as Sallie Mae.
Grants
Grants are another option for financing education that unlike student loans do not have to be paid back but instead awarded based on specific eligibility criteria such as income or other financial needs among other requirements.
Conclusion
Enrolling in Devry University’s medical billing and coding program is an excellent way to gain valuable skills for a career in the healthcare industry. As we’ve discussed above, the cost of tuition fees may vary depending on several factors such as degree level, and course delivery mode (online vs campus-based) among others.
However, with various financial aid options available scholarships, student loans, and grants that can help reduce the overall burden associated with tuition-related expenses providing knowledge for a fruitful career has never been this affordable!
It’s always essential to conduct due diligence before deciding on any educational institution ensuring that you get value for your money while also considering what opportunities they have available after graduation either through employment placements or partnerships within the industry thus creating seamless transitions into a work-life success!
FAQs
What is DeVry Medical Billing and Coding Cost?
DeVry Medical Billing and Coding Cost refer to the fees associated with attending and completing the medical billing and coding program at DeVry University. This includes tuition, textbooks, supplies, and any additional fees.
How much does it cost to attend DeVry for Medical billing and coding?
The cost of attending DeVry for Medical Billing and Coding depends on various factors such as program length, location, financial assistance or scholarships available, etc. On average, students can expect to pay between $15,000-$20,000 for the entire program.
Are there any additional costs involved in studying at DeVry for medical billing and coding?
Yes, there may be additional costs involved in studying at DeVry for medical billing and coding such as exam fees or certification costs that students may need to pay separately. It’s important to factor in all possible expenses before enrolling in the program.
Does DeVry offer financial aid or scholarships to cover the cost of medical billing and coding education?
Yes, DeVry offers various financial aid options such as grants, loans, scholarships, etc that students can apply for to help with their educational expenses. Students are encouraged to speak with the school’s financial aid office to explore all available options.
Can students pay for Devry’s medical billing and coding tuition in installments?
Yes, students can pay for Devry’s medical billing & coding tuition in installments if they’re enrolled in the online method of study or hybrid format which allows flexibility with payments throughout your time enrolled in classes at no interest rates.
Do employers look positively at graduates from Devry’s medical billing & coding program?
Yes! Employers value educational credentials, work experience, and a good understanding of the field which are all emphasized in DeVry’s PROS program which is designed to provide practical knowledge as well as theoretical concepts covered through coursework. Graduates receive an accredited degree and certification that can open doors for many industry jobs.
Can studying at Devry help me become a certified medical biller or coder?
A: Yes! Gaining certification is essential for entering certain job positions or higher salary packages. Many relevant certifications can be gained while studying at DeVry such as Certified Professional Coder (CPC) or Certified Medical Reimbursement Specialist (CMRS) along with the completion of a Bachelor’s degree.
Q: What’s next after completing medical billing & coding degree from Devry?
Yes! Gaining certification is essential for entering certain job positions or higher salary packages. Many relevant certifications can be gained while studying at DeVry such as Certified Professional Coder (CPC) or Certified Medical Reimbursement Specialist (CMRS) along with the completion of a Bachelor’s degree.
Q: What’s next after completing medical billing & coding degree from Devry?
A: After completing a Medical Billing and Coding Degree from DeVry University, students can explore opportunities for various roles like Medical Records Technician or Health Information Management Coordinator in Hospitals/ Nursing Homes/Clinics/Insurance Companies/ Government agencies, etc since their profession perfectly aligns with these types of workplace environments – making them highly employable!
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