Medical Coding and Billing is one of the fastest growing careers in health care. As a trained Medical Coding and Billing Professional, you can work at a physician’s office, a rehabilitation center, clinic or private billing service. Or start your own business!
You have thus seen that jobs in medical billing and coding can be done by anyone sitting at home. The only things you require are proper training and certification, a computer, and a medical billing software that ranges from USD 500 – USD 10000. Now, for this you have to make a choice on how much to invest on the software. You need to identify the volume of work that you have and also the amount of money that you will be able to make in the initial days out of this business. So, if you are really interested in medical billing and coding jobs from home, start taking steps in this direction and fetch that extra income that you’ve always been searching for!
According to the United States Department of Labor, this industry offers some of the top paying medical jobs and it is one of the fastest growing industries in America. Medical transcriptionists (MTs) are responsible for documenting the information pertaining to a patient. The MT translates the recordings from doctors and writes it in a text-format. One needs to have a high school diploma and a medical transcription program which is usually a six-month course to start working as an MT. The average salary of a medical transcriptionist who has less than one year experience is close to about $25,000 per year.
Those were some of the best medical careers including some much revered profiles like those of neurosurgeon and cardiologists that are always included among top three high paying careers in demand in the medical field. I’m sure this medical field careers list and salary guide would help those of you who are interested in a medical career but have not made up their minds regarding the field yet. Wish all you medical career aspirants out there, good luck!
Medical billers and coders are responsible for maintaining the records of a patient which includes filling forms for claims, insurance and settlements. They document every transaction that takes place between the insurance agency and the hospital and are responsible for proper disbursement of payments. Medical billers/coders are either employed in hospitals or they can also work from home. Although medical billers are not required to have a college degree, employers prefer applicants who have completed a medical billing and certification program. The average salary of medical billers/coders in the range of $30,000 to $40,000.
As a work at home medical coding service provider, you have to capture data concerning the patient’s disease, the examination reports of labs and diagnosis, and also the information on the treatment that the patient has undergone. Now, performing this task is not possible unless you have the proper knowledge of the procedural and diagnostic codes. Apart from capturing data, you will also have to render services such as administration work and research and development in areas such as patient care.
Research and careful consideration are the keywords in the attempt to get the coding right the first time! You can access the latest CPT codes online, including the dedicated medical billing software. The whole process of medical coding and billing becomes easy with the online access. The online facility also enables the users to implement easy on-screen supervision and annual updates at no extra charge. The dedicated software scrubs the entered claims before you hit the ‘submit’ button. The claim scrubbing facility offers over three million edits and payer-specific coding combinations. This makes it much easier to fix claims prior to submission and in turn, spells fewer denials.