Now that you are out in the real world and looking for that job as a business professional, remember that best qualified for the job doesn’t always mean top skills, experience, and education. Employers are also looking for professionalism, motivation, a passion for excellence and a dedication to continuous learning. So to most employers, good grades, certification, and professional memberships indicate that the applicant is serious, motivated and goal-oriented. Keep in mind that you may not be right out of college but have been in the workplace for several years and are now going in a different direction. Why not consider becoming a Medical Billing and Coding Technician. Medical billing and coding job personnel are utilized by hospitals, clinics, doctor’s offices, health maintenance organizations (HMOs), mental health care facilities and insurance companies and since their doctors and nurses don’t have the time and expertise to deal with health insurance regulations and reimbursements rules and claims, they call on the knowledge of medical billing and coders. So, if your objective is to work for a medical office, group practice, health care provision network, or hospital then keep in mind that most employers prefer and often require national certification as a competency standard for their office or organization.
Medical Billing & Coding Job Description
There are over 819,000 physicians and surgeons; 2.4 million registered nurses, 77,000 occupational therapists, 182,000 physical therapists, and 94,000 respiratory therapists, and millions of other allied health professionals in America’s hospitals alone.
Naturally they ALL want to get paid for their services, and reimbursed for their supplies. This is where the medical billing and coding jobs come into play! They are regarded as the doctor’s key to getting paid. Healthcare records are compiled every time a patient sees a health care provider. For many reasons, including insurance and billing, these records are organized, coded and entered into a computer for storage and easy retrieval. The health care professionals who manage these records have many titles – health information coder, medical coding specialists, coding specialists or health information technician. Medical coding is the process of using a specific set of codes accepted by health care professionals and health insurance providers to identify different kinds of treatments, diagnosis, and medications. Medical billing and coding jobs also requires the collection of payments and submits reimbursement claims to insurance companies. The use of coding saves a great deal of time and effort when processing paperwork relevant to ongoing treatment, billing for services rendered, or when filing an insurance claim. A competent medical billing coder can work in several different environments, including taking assignments for work at home. In fact, some inpatient charts are very long and so sometimes this may require you starting on one in the afternoon and having to come back and finish it the next day. Working in medical billing and coding jobs involves the daily handling of confidential patient files and medical records and requires employees to be professional and discreet.
A medical billing and coding job may be contrary to popular belief, as it is not a job for someone who doesn’t like a lot of pressure, and social interaction. You will need to answer phones, and interact with people at insurance companies and patients who call in with questions on a daily basis. Your communication will be either directly over the phone, or via written communications such as letters, forms and emails. Also when communicating with others, medical coders must always project confidence and professionalism, and remain friendly, professional and calm. Naturally, the medical billing and coding job involves medical office work. Rather than wearing scrubs like the rest of the office crew, you will typically wear casual office attire, have a radio with headset, a phone, lots of pencils,paperclips, a favorite mouse pad and last but not least – a computer.
Medical billers and coders receive on-the-job training, but some employers prefer post-secondary education such as a certificate or an associates degree. Medical billing and coding training programs are offered at many allied health and technical schools and can sometimes be found at vocational schools. The length of study time for these programs is usually about nine months for certification if attending classes full time. Some two-year colleges also offer medical billing and coding programs that culminate in an associate degree. For those with full-time jobs wanting to further their education, many medical billing and coding programs are offered online.
Medical Billing and Coding Salary Range
A July 2009 survey by Payscale.com reports that the median starting salary for a beginning medical billing and coding professional is about $12.20 per hour. With at least one year of job experience you can expect to average about $12.94 per hour. Certified medical billing and coding specialists who have five or more years of experience can generally earn $14.62 an hour, and those in the field who have been on the job at least 10 years or more can expect to earn at least $15.42 an hour.
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