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Feb 5, 2013

Healthcare Industry Outlook for 2013

The aging of the population has brought with it an increased need for every kind of medical service. This has not only engendered a commensurate increase in the numbers of available hospitals, nursing homes and other medical facilities, but it has also created new employment opportunities across the medical field. Jobs of this nature will always be necessary, and they cannot be easily outsourced.

While experts predict higher-than-average growth for healthcare jobs in general during the coming years, the following information from the Bureau of Labor Statistics offers particular encouragement.

Emergency Medical Technicians

Indoors and out, EMTs care for the sick and injured under stressful and frequently strenuous conditions. As of 2010, the median pay was $30,360 a year, and the employment future is rosy for 2013 with an expected growth of 33 percent by the year 2020.

Medical Billers and Coders

The implementation of ICD10 diagnostic codes along with increasingly complicated insurance rulings combine to improve the 2013 outlook for medical billing and coding positions. In 2010, the median wage was $32,350 a year, and with a predicted growth of 21 percent by 2020, the employment prospects are strong.

Medical Office Administrators

Making use of skills ranging from transcription to coding and accounting, medical office administrators work to optimize front-office operations in private practices, nursing homes and hospitals across the country. With a median salary of $31,060, opportunities will likely increase by 16 percent by the year 2018, according to the Bureau of Labor Statistics.

Pharmacy Technicians

Pharmacy technicians assist the pharmacist in dispensing, labeling and formulating medications, and in 2010, their median annual wage was $28,940. With a likely employment growth of 32 percent by 2020, the career prognosis is positive for 2013.

Medical Assistants

Their performance of routine front-office duties frees up doctors to spend more time with their patients. The median wage for medical assistants was $28,860 in 2010, and with an anticipated job growth of 31 percent by 2020, prospects are bright for 2013.

Practical and Vocational Nurses

Working under a doctor's supervision, practical and vocational nurses provide patients with basic care in medical offices, hospitals, nursing homes and beyond. In 2010, their median pay was $41,802. Need for their services will continue to rise in 2013, and by 2020, employment opportunities are expected to grow by 12 percent.

While career possibilities for healthcare professionals are generally strong, these jobs are among the most promising in a field that can only continue to grow. Dedication to education practices and training should help continue to shape the medical industry and career outlooks for years to come.