According to a recent analysis in the Rio Grande Valley, the need for Medical Information Specialists and Medical Transcriptionists is on the rise. A continuing demand for medical specialists 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.
Employment of medical records is expected to increase by 21 percent from 2010 to 2020, faster than the average for all occupations. The demand for health services is expected to increase as the population ages. An aging population will need more medical tests, treatments, and procedures. This will also mean more claims for reimbursement from private and public insurance. Additional records, coupled with widespread use of electronic health records by all types of healthcare providers, should lead to an increased need for technicians to organize and manage the associated information in all areas of the healthcare industry. (U.S. Department of Labor)
Starting salaries for the MIS/T graduates vary according to facility and position, beginning anywhere from $9.00/hr. to $12.00/hr., including benefits such as medical insurance, sick leave, vacation pay, retirement, etc.