If you are looking for a career in the office or administrative line but would like to earn more than a plain office clerk, then medical billing and coding jobs can be the perfect career option. Those who are currently doing clerical or administrative job can add a medical billing and coding certification to their kitty and move onto a better salary. However, this is not job for young restless youth as it requires a lot of patience and concentration.
Every year, a number of medical billing and coding jobs go unfilled due to a shortage of trained professionals. These jobs exist in every medical institute and Insurance Company, private nursing homes etc chalking up the substantial demand. The lack of trained professionals can be chalked up to a lack of advertisement and insight into this particular field.
While the name, medical billing and coding, gives you the impression that this job involves medical or coding knowledge; in reality it is more of a book keeping job. The codes here refer to alphanumeric codes that stand for various medical duties and practices, that are used in lieu of the actual medical terms while drawing up bills for patients or insurance firms. And a medical billers' job is pretty much that of any billing clerk, except that he or she needs to an intrinsic knowledge of the medical codes and the rules and regulations that govern medical billing. Any medical billing and coding training pretty much covers this.
The salary is quite competitive and the job demands attention to details and tremendous concentration and patience. A little bit of investigative tendency may be an added bonus, because many a time you may need to chase down a number and a code to solve an errant bill.
Medical billing and coding jobs can either be full time and part time both, depending on the size and requirement of the employer. So be prepared to work long hours or weekends if you are looking to earn some extra cash. Agencies however do not encourage work from home as sensitive data is involved and often one Medical biller and one medical coder work together to process the large amount of work for an organization. However, there is also a career opportunity in opening your own Medical billing and coding business from home, if you have the right credentials and contacts.
Getting back to salary prospects, it can vary from company to company. Insurance companies and private medical facilities can pay more than government or social health care organizations. On the other hand established, reputed government run medical institutes are known to pay quite well as well. It also depends on the location of the medical facility, quite like school districts. More urban and posh the area, better the salary for the same job.
A Medical billing clerk may earn $10 to $15 an hour, but a medical billing and coding clerk can earn up to $18 an hour. For a permanent job, you might be looking at a salary between $30,000 and $40,000 annually. Considering Medical billing and coding training can be managed within $500, the turnaround is not bad.
Apart from a career as medical billing and coding experts, the training and expertise can open up career prospective in book keeping, and general billing in other non-health related fields as well. Of course with number of private health happinesslifetime.com care agencies and insurance providers increasing every year, finding a job in the health care industry may not be hard. It can also be a career choice for those who like to work in the health industry.
Mark Murphy
medicalbillingandcoding.us medicalbillingandcoding.us
copyright by Mark Murphy
Reproduction is granted only if hyperlink to original website and author name is remained intact.
No comments:
Post a Comment