Prospects For Medical Billing And Coding Jobs

December 8th, 2011

Right now, medical coding and billing jobs are plentiful, and the outlook is good for the future. Baby boomers are aging, which means doctors and hospitals are busier than ever. From small doctor offices to major hospitals around the country are searching for skilled coders and medical billing experts.

Over the next few years, entry level positions as well as those which fetch top pay are expected to rise. This is good news for those who are considering entering the field. The outlook is very good, and the pay is one of the highest in the medical field for entry level.

When the demand for healthcare rises, professionals rely on office staff in order to keep the business running smoothly. One of the most important people on the office team is the medical billing and coding specialist. Every day, more doctors offices are opening, and those already open are expanding. Hospitals also need more and more help to keep up. This means that right now, medical billing and coding job prospects are good.

Since the youngest of the baby boomers are in their 50s, there will be a continued need for healthcare in the next several decades. Therefore, office staff will need to be increased. Overall, the need for medical coders and billing individuals is expected to rise 20%.

Those who are already skilled would do well to keep up with current technology and information regarding the field. Those just starting out will find a growing demand for their skills and can have a very lucrative career. Keep in mind that coders and billers have two different job descriptions. Those who are very ambitious may want to study both areas and become a very valuable asset to whoever hires them.

Each job has a high pay, sometimes as high as $40,000 for a starting salary. When both skills are combined, the amount one can expect to earn naturally gets even higher. Studying and practicing both would take a lot of determination, and not everyone would be able to actually do both. Even just having one of the skills, however, makes for a very rewarding and lucrative future.

The prospect for medical billing and coding jobs is even better for those who have been certified in the field. There are several organizations which offer certification, so it would be well worth checking out for those just entering the field. Experience gains the highest paying jobs, but even those who start out in small offices quickly gain the skills necessary to draw in a higher salary. Now is the perfect time to take advantage of the expected demand for coding and billing skills. Training time depends on the level of skills desired, and can take anywhere from a few months to two years. Many people choose to train minimally, and then gain on the job training. Others choose to get the full learning experience and start out with a better paying job. Either way, there are, or will be jobs to be had now and in the near future.

Securing Medical Transcription Jobs at Home

December 2nd, 2011

Those who possess the right skills may be interested to know that they can get medical transcription jobs at home. The internet has opened up a whole new avenue for those who wish to hold a job while working in the comforts of their own home.

Before you start searching and clicking, however, it is wise to have a few things in order to better your chances of actually landing the job when you apply. Take a little time to get everything in order. It will give an advantage over the competition and may shorten the time you have to wait before being hired.

Before searching for medical transcription jobs at home, it is best to have a complete resume ready in case the employer requests one. A resume does not have to be elaborate, but it should be detailed enough to capture the interest of the person doing the hiring. Spotlight your skills, especially those pertaining to medical transcription. Since the work will be done at home, emphasize your ability to work without supervision.

It would be helpful to list any employers for whom you have worked at home in the past. Employers want people who are reliable, and have experience. It is also important to list any school or other training received. Recruiters and employers will choose the most qualified, so play up your achievements and skills, but be honest.

Besides the resume, many medical transcription jobs at home also ask for an application to be completed. Again, this should be done thoroughly. If a question does not pertain to you, simply put “N/A” into the space provided for an answer. (N/A means “Not applicable”.) Once the resume and application are completed, wait for at least 4 or 5 days.

If you have not heard from the employer, send them a polite email or give them a call. Simply state that you are still very interested in the job and wanted to touch base with them. Never harass the employer, just let them know you are still interested. Employers normally get a lot of applications, so it may take some time before you hear anything. By contacting them, you are keeping your name fresh in their minds.

While you are waiting, don’t neglect applying for other medical transcription jobs at home. The more applications you submit, the better your chances of landing a job in the field. You may want to get someone’s help with your resume if you don’t hear something after several applications. The resume is a very important part of the hiring process. It could be that by tweaking the resume just a bit, more employers will be interested in hiring you. You may want to consider having a professional resume done, or filling out a tutorial resume which can be found on various websites.

Persistence is the key for qualified individuals to get the job. Always check back after application has been made, and always be polite. If your experience or skills increase, contact the employers to let them know. There are many jobs out there waiting for the right applicant.

What You Need To Earn The Best Medical Coding Salary

November 29th, 2011

Those who possess the skills it takes to smoothly keep and maintain medical records will be those who earn the best medical coding salary. These skills are in high demand and employers expect to pay very well for those who can perform to their satisfaction. Even those with basic medical coding skills can get entry level positions and work their way up to earning top dollar in the field.

Medical coding is a specialized field, so some of the knowledge for the skills needed often come from taking classes, but some companies offer on the job training. Coding requires much more than simple filing or understanding medical records and those who wish to earn a top medical coding salary must be able to meet the requirements.

The average medical coding salary is approximately $44,000 per year. Those who work in specialized fields often earn more, while those who work in small General Practice offices may make a bit less. Many individuals who are just starting out in the field will work in a small office first in order to improve their skills to the point where they can work in, for instance, a Plastic Surgeon’s office and make approximately $50,000 per year.

The more experience along with the best skills can land a person a position in the higher paying offices. Medical coding has one of the highest entry level salaries in the health care field, which is why it is gaining more interest.

The only basic requirement for medical coding is a high school diploma. Any college courses in office management or medical coding increase the chances of landing a career in the field. Becoming certified also gives an individual an edge over the competition for getting the job. It also increases the starting medical coding salary for the individual, since it is considered experience.

There are several organizations which offer certifications, and each differs in the requirements needed. Other skills that are helpful in the field are good communication skills, computer knowledge, and the ability and ambition to stay on top of the game by keeping up with news about technology and insurance. People skills always help when in an office setting, but especially if the individual will be working in a small office rather than a hospital, or other large office.

The medical coding salary a person can expect to make will increase as does their experience in the field. People who have a strong work ethic, and possess strong attention to detail are very much in demand in this health care field and can expect to go far. The medical coding specialist is an important part of the health care office team, so most medical offices want a team player who is ready and able to show up for work every day and do what they do best- medical coding and billing. With Baby Boomers aging, the healthcare field is expected to grow, and with it, the demand for quality individuals to work in offices and hospitals throughout the country.

Medical Coding Certification – Passport To A Long And Prosperous Career

November 25th, 2011

Attaining a medical coding certification is absolutely vital in order to ensure a long, prosperous, and rewarding career as a medical coder. Simple as that!

Medical coding is one of the toughest yet well paying jobs in the healthcare industry today.  The job entails writing out numeric codes in respect to the medical record of a patient in case of surgery procedures or treatment of injuries.  These claims are important at the time of generating insurance claims or performing regular office work. The activities that are incurred in the doctors office are  documented in the codes.  It is a must for a medical coding expert to understand all medical aspects clearly. Apart from the knowledge of medical jargon one needs to be well versed with the business facet as well.

There are many opportunities for qualified medical coding experts, however, most hospitals and other health establishments will generally hire those with a medical coding certification.  Candidates with interest in this field, can attain their certification through institutes that are of repute.  The specific course offered by institutes is the Certified Professional Coder.

This certification enables one to deal with fee and expenditure related side of the treatment and the insurance side of the business. For an applicant to be selected for this certification, there is no need for a degree however, two years experience in this field is a must for the certification.  Having the work experience in this field ensures that the candidate is well versed with the working and has the basic understanding of the medical system and terminology.

Acquiring the medical coding certification means you have chances of being better placed in the professional world.  As the competition to get the highly paid and sought after jobs rises, the value for certification and professional degrees or diplomas also rises.  There are some training programs that you can enroll in order to learn the trade to apply for a medical coding specialist.  These programs last within a year or so that makes it possible to pursue a certification pretty soon and become a certified and trustworthy specialist in this field.

One can enroll in a medical coding certification training program at a community college as it is a part of the courses offered, you can even go to a vocational college or institute to get specialized training. And if both these are not quite what you have in mind, you can still go for this certification through an online distance learning course.  The convenience of learning at your own pace and time is what lures most working professionals who are looking for a job switch or those who are temporarily struck at home for some reason.

To have a successful career in the medical coding field it is essential to understand the essence of accuracy and focus. Without these two it becomes quite difficult to maintain focus on the job and give the best output in a busy and bustling office environment.  An attention to detail and clarity of concepts is what makes it easier for you to find your way through the computer software and take care of the claims and bills effectively.  The medical coding certification is your passport to a booming career in this specialized field.

Medical Transcription Training: The Smart Approach To Enter A Fast Growing Industry

October 7th, 2011

Medical transcription training is a smart way to enter the fastest growing career field in the country.  While other industries are facing layoffs and cutbacks, the medical industry is hiring more people than ever.

Medical transcriptionists are an important part of the medical field, helping doctors, hospitals, and insurance companies care of their patients.  Medical transcription is also a versatile career that has many rewards, both personally and financially.  If you are looking for a career that lets you become part of the fast-paced medical field, working as a medical transcriptionist may be right for you.

To begin working as a medical transcriptionist, you will need to complete training to help you understand the needs of doctors and other health care professionals.  You will also need to have good writing and computer skills, many of which you can learn during your medical transcription training.  Most employers prefer to hire transcriptionists who have already completed training in medical transcription, which is offered by many vocational schools, community colleges, and distance-learning programs.

You can choose how far you want to go but attending either a certificate program which can be completed in one year or less or by finishing an associates degree.  In most cases, your training will include coursework in medical terminology, anatomy, healthcare documentation regulations, and basic work in English grammar and punctuation.

You will often complete supervised on-the-job experience, giving you the skill you need to find a position as soon as you are done with school. If you already have experience in the medical field, you may be able to finish your medical transcription training with just a few courses. With the different certification programs offered both online and at local college campuses, you can earn a nationally recognized qualification that will help you get a job anywhere in the country.

There is the Registered Medical Transcription (RMT) and Certified Medical Transcriptionist (CMT) certification granted by the AHDI.  Qualifications are granted to those who complete the AHDI level-1 test to become a Registered Medical Transcriptionist, or to those with two years of experience who want to become Certified Medical Transcriptionists.  Transcriptionists who obtain one of these certifications will find that it is easy to find a job almost anywhere they wish, since being certified in medical transcription shows potential employers that a graduate is ready to begin work right away.

Those who graduate from medical transcription training program and gain RMT or CMT certification can also apply for the Registered Apprenticeship Program that is offered by the Medical Transcription Industry Association.  Those who join the program are offered on-the-job learning and additional job training to make them even more in demand.

There are so many reasons to enter the world of medical transcription.  Those who work in the profession for find that they are able to earn promotions and supervisory positions, helping them become more financially successful.

For those who need a flexible position, medical transcription training can become a lucrative work from home opportunity.  The medical transcription field offers many opportunities to those who are willing to complete medical transcription training and get to work on a fun and exciting profession.

Medical Billing Jobs: Challenging, Exciting, And Rewarding

October 5th, 2011

Medical billing jobs provide an essential function within the healthcare industry today primarily as a result of the increasing necessity of insurance companies to deal with medical issues, medical malpractice situations, and  handle the ever increasing number of fraudulent insurance claims. Medical billing covers the submission and follow up of insurance claims until payment and reimbursement is received for services performed by the medical practitioner, medical practice, or healthcare facility.

Those providing medical billing jobs must have a thorough understanding of medical terminology as well as a general understanding of anatomy. Additionally it is  vital to have some knowledge of the codes used in medical coding as well as a grasp of the various health insurance documents and other medical forms in order to properly manage the billing process.

This function can be handled by employees of third party medical billing companies, or directly by employees of a medical practice or institution. Although viewed primarily as an administrative function, quality medical billers must have the ability to effectively interact and communicate with patients, physicians, health insurance providers, other colleagues, and collection agencies, and deal with issues as they arise.

From an educational standpoint, medical billing jobs do not, in theory require any formal certifications, however, to become recognized within the industry, receive the top level of earnings, and be presented with the best advancement opportunities, it is an absolute must. Prior to entering the industry, the basic minimum requirement is simply a high school education.

Training to become medical biller, can be accomplished by attending courses within the classroom setting or online, and can generally be completed in a period ranging fro 7 months to upwards of 2 years. There are some programs which advertise full certification within 2 – 3 months, however, many of these are not recognized by the medical billing industry, and not given much credibility by prospective employers.

Prior to enrolling in a medical billing program, be it in the classroom or online, it is important to do some research in order to find one which best suits your needs, and will ultimately get you hired. Further, certifications do vary to a certain degree, therefore it is essential that you undertake a certification which is in high demand.

Although it is rare in the current market,  some physicians and medical organizations will hire job seekers for medical billing jobs without any practical experience or formal education. It is highly recommended that anyone who is serious about a long term career in the medical billing and coding field begin the educational process sooner than later. There is nothing worse than seeing other colleagues who have taken this step advance into high paying exciting positions.

It is difficult to pinpoint the actual salary of a medical biller as they are so many factors which come into play. However, in general terms a biller just entering the industry with little or no education and experience can expect to receive a wage anywhere between $8 and $12 per hour, however, as more experience and education is attained, that rate can jump up to as high as $40 per hour. There really is some light at the end of the tunnel and great upside potential for those who want to put in the effort.

With the rapidly aging population of the country, the healthcare industry is on the rise. New and exciting job opportunities are being created every day and that of medical billing jobs is certainly no exception. There is no time like the present if you are in search of a challenging, exciting, and rewarding career.

 

Medical Transcription Jobs Are The Wave Of The Future

September 29th, 2011

The field of medical transcription jobs is the act of keyboarding medical information dictated by a doctor into a readable form onto a computer. This information can come from all sorts of health care professionals including physicians, specialists, surgeons, and others. This medical information can consists of notes from physical examinations, office visits, surgeries, operations and discharge orders.

Considering a career in medical transcription related jobs is a step in the right direction the medical field is wide open and filled with opportunities. As a result of  more and more medical breakthroughs happening everyday, people are living longer. Therefore, the need for people with medical knowledge grows and grows everyday, and so does the list of medical transcription jobs. People with medical transcription experience work in medical facilities, doctor offices, hospitals, and private offices.

  • Do you want a career that  will give you the kind of flexibility that most employees crave?
  • How would you love to have the option of telecommuting from an office at home?
  • Or how about sending the kids off to school and never have to change out of your night attire?

Although there is a vast pool of jobs available, working from home is also a real and viable option.

  • Are you good at working on your own?
  • Would you like to make around $25 to $45 dollars an hour?
  • Does starting your own business and being your own boss appeal to you? It all sounds great doesn’t it?

Embarking on a career in the field of medical transcription, will allow you to do all of the above. It’s a challenging and rewarding field. You’ll have to learn medical terminology, how the body works, and the various systems of the body. Your grammar and command of the English language, will have to be excellent. You have the option of going after a degree in the field, and there are certificate courses also.

An exciting aspect of this field, is that you can easily turn the knowledge learned into a business. If starting your own business is appealing to you, then entering into the field of medical transcription jobs, can be two-fold. Online courses will arm you with the knowledge you need to get that much sort after job, or with the right training, you can be up and running in your own business in no time.

If you feel that this career is for you, scour the internet for an excellent online school. There are plenty, so you’ll have to do some diligent research.These online schools allow you to work at your own pace, but they support you through the whole process. A great number of online schools are recognized and respected in the medical transcription community, making it easy to find a job after completing your studies.

This industry is estimated to grow at a fast pace through the years 2012 – 2018. So if you like to type, like working on your own, or looking for a home business, delve right into the field of medical transcription. Enroll in an affordable medical transcription program, and invest in your future. Attain the professional skills necessary for success. Get started and begin pursuing medical transcription jobs, Remember, there’s no time like the present.

Medical Coding Jobs: Common Questions Answered

September 25th, 2011

There are many medical coding jobs available for those who have knowledge and experience in coding. Many organizations do not have the budget to hire a medical coder in a full-time capacity, as a result, these positions are only offered to individuals who have the required expertise.

By doing so, the company not only saves valuable time, but also money. Further, medical coding jobs may also be performed from the home which has added benefits the medical coder. These opportunities can be performed on a part time basis to earn a little extra income, or undertaken as a full time job.

What is the role of being a medical coder?

Medical coders typically encode the medical claims from doctors in hospitals, clinics and in other medical facilities thoroughly and accurately. Medical coding jobs include receiving the payments from health insurance companies and for services being rendered.

They are viewed as being an important part of the  medical staff and competent and efficient coders are generally well respected and highly valued. Although they are also sometimes referred to as  “support staff”, “back office” and “back shop”, their role plays a vital part in the entire medical operation.

What are the skills required?

First, medical coding jobs need computer literacy, especially in having a good skills and knowledge of the software program they are using. A medical coder must also have a superior aptitude in terms of working with numbers and attention to detail. Having accuracy in facilitating the medical claims and receiving payments from insurance companies is a must.

Most successful medical coders have high interpersonal and communication skills in which they are collaborating with doctors, insurance companies, and on patients for some questions and problems. And this job is critical where it needs to track the financial payments from the healthcare insurance companies.

What are the education, training and certificate needed?

Someone intending on pursuing a career in medical coding, must have at bare minimum, a high school diploma. It is then recommended to enroll in an entry level course whether it is in campus or online class. Upon completion of the course, the individual may proceed to take the exam in Certified Professional Coder (CPC) for certification, which is highly recommended in this field. This certification is given by the American Academy of Professional Coders (AAPC).

Some benefits of working as a medical coder.

Within the medical field, medical coding jobs are currently in high demand. The role of medical coders are vital in hospitals, clinics and other medical establishments. To initiate the process, the newcomer must make contact a hiring agent or apply directly to the medical practice or medical facility. This industry is huge where some monetary and financing transactions are made.

Having a good record and providing competent work is a definite requirement to secure and keep the job. On the other hand, others with an entrepreneurial spirit can set up their own business and provide services from their home. Having many contacts will be a beneficial in starting a business in this field.

Medical coding jobs are growing and expanding rapidly that’s why there is a large opportunity to someone who have plan to be part of this field. This will be a great rewarding career.

Medical Billing And Coding Salary: Just How Much Can I Expect To Earn

September 22nd, 2011

The level medical billing and coding salary is determined primarily by the type of role you have within the industry as well as the type of work you do. With the increasing complexity of healthcare, it is not surprising that the number of medical billing and coding jobs are on an upswing. Within the field, there are a number of job titles and categories which fall under the medical billing and coding profession.

Prior to detailing the amount of medical billing and coding salary which can be earned in this field, we will initially look at what the medical billing and coding are all about.

Medical billers and coders are often grouped together because of their similar skills it takes to do each task. However, although each occupation require similar skills, the actual jobs are quite different. The primary responsibility of a  medical coder is to transform patient information, entered it into a database, and file a return or claim.

The statement or claim is then sent to the healthcare insurance provider, where it is either accepted or denied. If the application is approved, the work of the coder is done, but if rejected the coder must examine the rejected claim and update the data accordingly.

With respect to medical billing and coding salaries, there are various factors which contribute. The most important factors are location, certification or diploma, and expertise.

Factor #1: Geographical Location

Medical billers and medical coders who work in larger cities generally earn significantly more than those who are employed in smaller towns. This is primarily due to the difference in the standard of living between cities and towns. The geographical location of workers plays an important role in medical billing and coding salary.

As an example, a biller or coder employed by a large hospital or other large medical organization, will have a greater opportunity of achieving a  salary of $19 per hour whereas smaller hospitals or organization may only pay $16 per hour.Additionally, the salaries in private medical practices will generally pay a higher wage in order to attract a more qualified employee.

Factor #2: Certification And Education

To work in medical billing and coding it is not absolutely necessary that you have a diploma or certificate, however, a degree or certification will definitely increase the level medical billing and coding salary. A study was conducted by the American Academy of Professional Coders (AAPC) individuals with certification earned an average of $38,000 per year while non-certified billers and coders averaged $30,000 per year. Salaries are expected to be on the rise with increasing demand for certified medical billers and coders.

Factor #3: Practical Experience

As in any industry,  the number of years of prior experience plays an important role in determining medical billing and coding salary. Experienced individuals will not only will receive more responsibility via complex tasks,  their salaries will increase. In fact, according to recent survey, billers and coders with 10-19 years of experience generated incomes of $25,700 to $45,300 per year, while those who had 20 or more years of experience, made upwards of $51,100 per year. Therefore, work experience plays an important role in medical billing and coding salary. Therefore, it is not surprising that with the increasing complexity of healthcare, the need for medical billing and coding employees are expected to rise.

Medical Transcription Jobs: The Hottest Careers In The Healthcare Industry

September 20th, 2011

Medical transcription jobs are quickly becoming one of the hottest careers in the health care industry.  Documenting and recording medical information is one of the most important parts of providing care for a patient, and the quality of information included in those records can have a significant impact on the success of a health care practice.

In most medical practices, doctors dictate information about their patients into a tape recorder or digital voice recorder, and these notes are then transferred into a patient’s medical record.  The people who complete this process are known as medical transcriptionists, and they are a vital part of any medical facility.

Medical transcription jobs consist of listening to the recordings made by doctors and then transcribing the information into a form that can be included in a patent’s medical record.  The process of having another person type information from a patient visit saves doctors time and helps prevent errors that can be caused by poor or illegible handwriting.

Medical transcriptionists most often work in an office, however, there is a growing demand for those who are willing to work from home.  Some are employed by health care facilities like doctors’ offices, hospitals, and physical therapy clinics, while others work as part of companies that provide transcription services to health care providers.  There are even opportunities for transcriptionists to work as independent contractors, providing the flexibility to accept as much work as they choose.

Medical transcription jobs offer a high degree of flexibility.  Typically most transcriptionists who work in a health care setting or for a company work forty hours a week in an office on a set schedule.  But the demand for transcriptionists who work from home has created the freedom for transcriptionists to set their own schedules and work as much or as little as they choose to.  In most cases, transcriptionists who work from home are paid either hourly or by line of transcription, so pay will vary based on how much time you choose to work.

The skills required to work in medical transcription jobs are fairly basic.  You should be able to type well, since the faster you type the more money you are able to earn.  Further, you should be able to create work that is free of mistakes, since errors are a major concern in this area.

Being familiar with medical terminology and having a basic understanding of the medical field will help you as you work. Those who choose to work independently must also be able to manage their time well, since records are often time sensitive and must be turned around in a short period of time.

There are more medical transcription jobs available each day, and a career in the health care field is one of the most secure positions you can find.  Working as a medical transcriptionist gives you the freedom to work anywhere you choose, and as long as people need to see doctors, transcriptionists will always be in demand.  The medical transcription field is an exciting and fast paced career that offers both personal and professional rewards. If you are looking for a career that gives you the opportunity to create the job of your dreams, find out more about medical transcription today!