NAICS Code 561110-12 - Medical Business Administration

Marketing Level - NAICS 8-Digit

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NAICS CODE 561110-12
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NAICS Code 561110-12 Description (8-Digit)

Medical Business Administration is a subdivision of the Office Administrative Services industry that specializes in providing administrative support to medical professionals and healthcare facilities. This industry involves managing the day-to-day operations of medical practices, clinics, hospitals, and other healthcare organizations. Medical Business Administration professionals are responsible for ensuring that medical facilities run smoothly and efficiently, allowing healthcare providers to focus on patient care.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 561110 page

Tools

Tools commonly used in the Medical Business Administration industry for day-to-day tasks and operations.

  • Electronic Health Record (EHR) software
  • Medical billing software
  • Practice management software
  • Appointment scheduling software
  • Patient communication software
  • Medical transcription software
  • Inventory management software
  • Electronic prescribing software
  • Medical coding software
  • Revenue cycle management software

Industry Examples of Medical Business Administration

Common products and services typical of NAICS Code 561110-12, illustrating the main business activities and contributions to the market.

  • Medical billing and coding services
  • Medical practice management consulting
  • Hospital administration services
  • Medical transcription services
  • Electronic health record (EHR) implementation services
  • Medical inventory management services
  • Medical claims processing services
  • Medical appointment scheduling services
  • Medical revenue cycle management services
  • Medical practice marketing services

History

A concise historical narrative of NAICS Code 561110-12 covering global milestones and recent developments within the United States.

  • The Medical Business Administration industry has a long history dating back to the early 20th century when hospitals and clinics began to hire administrative staff to manage their operations. In the 1960s, the introduction of Medicare and Medicaid programs in the United States led to a significant increase in demand for medical services, which in turn created a need for more administrative staff to manage the growing number of healthcare facilities. In recent years, the industry has seen a shift towards electronic health records and other technological advancements, which have improved efficiency and patient care.