You will find the following page of resources to be useful in your studies and in your professional development as a medical billing and coding specialist. What follows are resources, ranging from scholarly journals and professional associations to Twitter feeds and book recommendations, to guide your further readings in medical billing and coding.
Even as the country emerges out of a recession, the healthcare industry continues to expand in response to an aging baby boomer population. They’ll need more and more care, and as a result, hospitals and clinics everywhere will need more professionals who can accurately manage and track health information.
Many people dream of the flexibility and independence that comes with working from home. Though there are many scams claiming to offer work from home, medical billing and coding is legitimately viable as an at-home career. Because you do not have any patient contact as a medical records specialist, and your duties primarily entail clerical work on a computer, this job can easily be done off-site rather than in a medical office.
Keeping a team of medical coders at a physician’s office, hospital, or other health care facility can be costly and time consuming. Medical coding can be outsourced to a professional third party company. These companies handle all the employee retention, training and your medical coding needs get met in a timely manner.
Hospitals, medical centers, physician’s offices, and other health care facilities may choose to outsource their medical billing needs to a third-party professional service provider. Medical billing companies provide a range of essential services that help health care offices ensure they are paid by insurance agencies, patients are billed accurately, and records are maintained at a meticulously precise level.
Medical billing is how the administrative workers at a health care facility send bills and payments between health care offices, patients and insurance agencies. For decades, this billing process was done completely on paper, however now in the age of electronics the medical billing is completed using intricate software. Medical practice management software makes the process more accurate and efficient.
Currently, it’s predicted Americans (government and private individuals included) spend a total of $750 billion on unnecessary health care costs. This needless charging and spending comes from unnecessary services, missed prevention opportunities, excessive administrative costs, prices that are too high for certain services, fraud, and much more. Medical coding is one way to cut back on these health care cost issues.
Despite a slow economic recovery out of the recession, the healthcare industry continues to expand. As the baby boomer generation ages, there will be a growing need to train and hire new professionals to work in a variety of clinical environments, from maternity care to hospice care in clinics, hospitals, homes, and care facilities.
This guide compiles information for students of all levels and ages, recent graduates, and parents who claim a student as their dependent. Take the time to navigate your coverage options, costs, and obligations in order to make an informed decision on an insurance plan.
Medical billing and coding scholarships are available for students of every background, but you will usually have to compete for them against other students. Every scholarship is different, and you can take steps to increase your chances of receiving awards.