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1st MEDICAL CODING AND BILLING CAREER GUIDE
Medical Coding Expert Advice and Medical Billing Business Startup Tips
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So, You Want To Be a Medical Coder or Start Your Own Medical Billing Services From Home?
This is the most trusted online resource for medical coding students and experienced professionals in the medical billing field! We provide free education and certification information, latest tips and articles, and let you explore school and job listings free.
Training of medical coders and billers comes in a wide range. The duration and intensity depends on the skills the trainee already has. In many cases training on the job, clinical supervision, or a simple certificate from a home study program may suffice to land a job in a smaller family practice.
The vast majority of modern medical coders and billers receive their training at vocational training institutions. Compared to other occupations and disciplines in the health care industry medical coding and billing training doesn't take long to complete. Training programs are often accelerated and students can finish quickly and begin making money using their newly acquired skills. However, because rules and laws constantly change, as well as medical coding software programs, learning continues beyond the class room.
The medical coding profession has enormous potential. A major hospital may have as many as 50 or more coders on staff. However, each hospital and medical office is different.
Some facilities spend a great deal of time training a new medical coders, one-on-one and the process can take several weeks, if not months. However, the training medical coders can get at work depends on their employer and on the skills they already have. Others will not train at all. They expect to hire an experienced medical coding and billing professional that can jump right in with very little supervision and training.
Where so much is at stake physicians, health care organizations, hospitals, clinics, national coding and billing companies, as well as auditing companies prefer to hire medical coders and billers who graduated from approved training programs and are certified. Some attend two to four years of college to earn an associate degree, and upon graduation it can take up to two additional years to reach proficiency.
Medical Coders must know medical billing and coding principles, have a complete understanding of all codes, rules, medical terminology (many medical coders also function as a medical transcriptionist!), technology and regulations that pertain to Medicare, Medicaid, Blue Cross-Blue Shield, managed care, third party liability, worker's comp, Preferred Provider Organizations (PPO) and indemnity insurers. They must be proficient in identifying data as it relates to submitting an insurance claim for reimbursement and have a solid understanding of the third party administrators, standard insurance companies, government payers (Medicare, Medicaid) rules.
Income Potential!
Those who hold a greater education level usually earn more depending than their counterparts; howerver, income also depends on geographic location. A recent salary survey of Professional Coders by the AAPC (American Academy for Professional Coders) shows that an average salary for a coder with only a high school diploma is just over $39,000 annually. An experienced medical coder that is certified can make as much as $50,000 - $60,000 per year and more, based on training, qualifications and experience in the field.
Transferable skills are extremely important, especially to those new to a profession. Newcomers often feel as if they don't have as much as others to show for, when it comes to years of experience, not fully realizing that skills from coursework, extracurricular activities and volunteer work can be just as impressive and beneficial and should always be listed in the resume.
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