Starting a Career in Medical Billing
Medical billing is the invisible machine in the healthcare system. It is an important profession that ensures medical services are paid for. Medical billers are responsible for submitting medical claims to insurance companies and payers. The process of medical billing involves translating a healthcare service into a billing claim. The medical biller makes sure that the healthcare practice receives payment for the medical service provided.
Job Duties of a Medical Biller
Medical billing and coding specialists make sure a healthcare’s office revenue cycle runs smoothly. Once a healthcare service is provided, the medical biller than assigns a code to that service rendered. The codes are taken from medical record documentation that includes physician transcription notes, labs and radiology results. The process involves gathering all data concerning a healthcare bill including the charge entry, claims transmission, payment posting, insurance follow-up, and patient follow-up.
Medical billing positions require a flexible training option with most training completed remotely. Medical billing training provides the most up to date information concerning the healthcare industry. In order to become a medical biller, one must complete the accredited medical billing certificate. It is important that one interested in medical billing be certified through an accredited program that is certified. AAPC (The American Academy of Professional Coders) is the largest professional organization for medical coding and billing workers.
Average Earnings of a Medical Biller
Medical billing salaries can vary but the national average comes to an annual salary of $40,500. This equates to about $19.50/hour. The salary can vary based on the healthcare system and can range from $24,000 to $61,000. Most medical billers enjoy the average annual salary as well as the perks of working remotely. Most medical billers can perform their job duties from the comfort of their own home. To see more information about medical billing salaries by location, check out this helpful resource provided by the U.S. Bureau of Labor Statistics. Many experts have estimated that medical billing positions will grow 13% by 2024.
How Do I Find a Job in Medical Billing?
Once you’ve decided on a career in medical billing or if you are already employed in medical billing, finding a suitable position could be difficult. Are you unsure where to start your search for a medical billing job? The best place to start is by looking up healthcare system providers to see if they have any open positions and to learn more about them. Check out these companies that are known for being some of the best companies to work for if you are pursuing a position in medical billing and coding.
Humana: Humana is a giant healthcare system based in Louisville, Kentucky. It has been rated as one of the best places to work. It is reported that they are always posting positions for remote medical coding and billing.
Lexicode: Lexicode is a coding and billing consulting service that is based in South Carolina. This corporation hires both full-time and part-time remote medical billing positions. It is required that most applicants hold a RHIT or CPC certification.
The Coding Network: The Coding Network hires both independent and remote medical coding positions. This company is based in California but consistently hires those who can telecommute.
Medical billing can be a rewarding and fulfilling career that offers a lot of benefits such as working from home to be around family and loved ones more. Get started today.