Medical Billing and Coding
Medical billing and coding are some of the hottest careers of today because they offer the potential for working from home while earning a fantastic salary. Medical coding and billing specialists process patient data including treatment records, insurance information, and more. They also code a patient’s diagnosis and request payments from the insurance company for services rendered. These trained professionals are in high demand in the current health care field and many consider this to be one of the top careers to go into. Are you ready to go back to college and get your career training in medical coding and billing?
What is medical billing and coding?
Medical billing and coding are actually two separate positions. Medical billers make sure every patient is billed correctly, whether the charges are the responsibility of the patient or their health insurance companies. This job may include regularly communicating with all involved parties. Medical billers must know how to read medical invoices and understand coding language.
Medical coders, on the other hand, don’t interact or communicate much with patients and insurance companies. This job is ideal for people who enjoy analyzing data and working with codes. Every procedure has a specific assigned code and must be coded properly in order to be charged to the patient or insurance company. Medical billers and coders have to work closely to ensure that everything is billed and paid as it should be. In some smaller offices, there may be one employee who handles both medical billing and coding. Alternatively, small offices may contract their medical coding and billing tasks to an outside source.
Training and education
To work in these fields, you must complete a professional training program that will teach you medical terminology as well as how to read and understand patients’ medical charts. You will be trained to understand the specific procedures used as well as the reasons for such procedures. You can get the appropriate training from many vocational and technical schools as well as community colleges.
Make sure you select a program that will teach you medical billing software, government programs, basic math, medical documentation evaluation, administrative procedures, keyboard and computer skills, and other necessary skills. A good program will also provide hands-on practice in the manual and electronic preparation of medical insurance claims. The best also include interviewing and documenting skills. Before selecting a program, make sure to research it fully and check for any accreditations.
Once you complete your training in medical billing and coding, you will be qualified to work in a variety of medical facilities and possibly from your own home. Specialists in these highly skilled career fields can easily earn as much as $50,000 a year or more plus benefits. The work provides job security, a great working environment, and the ability to work closely with a variety of medical professionals. If you are tired of your job or are simply looking to start a new career, you should consider getting your training to work as a medical biller or coder.