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Posted on September 16, 2014 by · Leave a Comment
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Medical Billing and Coding Profession

The high demand in the market allows the medical billing and coding professional to get the very good salary. Medical billers will be able to do either full time or part time jobs. This is the greatest advantage of being in the field of medical billing. It offers the flexibility of working anywhere and anytime. This is very much possible in medical billing as the types of equipment needed are just a computer and apt medical billing software.

As per recent studies that were conducted in the field of medical billing and coding, medical billing salary ranges from $20,000 to $40,000 per year. The salary will depend on a number of factors like experience in the field, the organization that they work for, education, and the part of US in which employed. Like any other jobs, experienced and skilled medical billers enjoy a very good salary. Their earning comes around $14-$16 per hour.

Even though diploma, certification or associate degree is not a prerequisite to getting a job in the field of medical billing and coding, the salary that you can get increases with the amount of training that you have in the field. Medical coding and billing are correlated. A professional who knows both medical billing and coding earns better when compared to others who know only billing. Those medical billing professionals who work in a hospital or other healthcare organization earn a fixed salary as an in-house staff. Those who work from home will be able to work for a number of clients. This means that the salary of the medical billers who work from home depends on the number of clients that they are handling.

Medical Billing and Coding Profession

Medical billers working in Chicago, California, Boston, New York, Houston, and other big cities are paid more. This is due to the high cost of living in these states or cities. You should also be aware of the scams when it comes to job opportunities. These scams may sound very legit and may promise people more than they can provide with and may charge big amounts for the same. At times, they can also try to sell their products like expensive medical billing software. Finally, when the person hands over the money, they do not get any job. You should be careful while choosing the job provider for your medical billing job.

If you wish to know more about medical billing salary and opportunities, you can seek the advice of a professional in the field.

Posted on August 18, 2014 by · Leave a Comment
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Medical Billing Specialist

Medical billing is not a fresh new field but has not been explored much so far. Now that many have already acquired an attractive career in the medical billing field, lot more students are now interested in pursuing a career in the field of medical billing. Just like many other professions, which require training and experience, medical billing too is a field, which requires expert skill and training.

Medical billing salary is an attractive factor, which beckon lot many students towards it. The major highlight is a profession, which can be rendered at big hospitals, health clinics, medical offices and so on. It is the duty of a medical billing specialist to keep track of all the records for all patients coming to the hospital. A medical billing specialist carries the responsibility to collect and make payment arrangements and also to check whether the dues are settled on time.

Medical billing salary is high because a medical billing specialist or a billing clerk has a bunch of responsibilities on their shoulders. They would have to work along with collection agencies and courts to help in collecting accounts. In the case of patients who passed away, you would have to meet lawyers and other concerned people in order to settle the unpaid accounts. Even in the clinic in which you are working, you would have to oversee the deductions from the salary of your fellow workers.

Medical Billing Specialist

Even though all these come under the duty and responsibility of a medical biller, you may not have to deal with all of them. But you need to have certain specific skills to handle the duties and responsibilities of a medical biller. The basic requirement is to have good command over computer, its software and other related equipment. Most probably, you would be offered training in using the software during your medical billing training itself. If no training on software is given, then you could obtain it in order to excel in the job.

Medical billing salary will vary depending on your experience and knowledge in this field. If you are certified nationally, then you are likely to get a salary between $31000 and $45000. If you have good experience in the medical billing field, then you can definitely expect a high salary for this profession. It would always be better to acquire good experience first in order to acquire an attractive medical billing career.

Posted on May 23, 2014 by · Leave a Comment
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Medical Billing Salary

Know About The Medical Billing Salary

Medical billers and coders are better known as medical records coding technician or health information professionals who specialize in assigning codes to specific medical procedures for insurance purposes. The medical billing and coding procedure determines the amount of money to be reimbursed if the patient possesses a valid insurance facility. Majority of the medical billers earn on an hourly rate instead of an annual rate. Medical billing salary depends on a number of factors.

Highest paying state

As per the U.S. Bureau of Labor Statistics, a medical coder and biller made an annual average around $33,000 in year 2008. The medical billers earned a median salary of $31000. The highest paying state was New Jersey, as per the report of the U.S. Bureau of Labor Statistics in 2008. The other states that were paying salary just below New Jersey were Alaska, Hawaii and Maryland. However, South Dakota, the state that has the highest number of medical billing specialists paid only an average annual salary of $30000, which is much lesser than the national average.

As per the reports of the U.S. bureau of Labor Statistics in 2008, two important metropolitan areas for medical billing were California and San Francisco. The medical billers’ salary in both these places averaged around $45000 in a year. Other areas that stood below San Francisco and California were Iowa City, Waterbury, Connecticut, New Jersey and Vineland -Millville-Bridgeton.

According to the U.S. bureau of Labor Statistics, the medical billers who worked with the physician’s offices, hospitals and outpatient health care centers and other nursing healthcare facilities earned between an annual average salary between $27000 and $35000.

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Hourly Medical Billing Salary

As per the 2010 data, the medical billing salary stood at a whopping $44000. In fact, the salary payment increased to a much higher rate within two years than what is reported by the U.S. bureau of Labor Statistics. Indeed, the U.S. bureau of Labor Statistics reports that a 20 percent rise in employment for medical billing and coding specialists is expected during the next four years, with effect from 2008. It is guaranteed that a medical billing professional gets a salary of at least $36000 per year.

Get the needed training and qualification and update your resume to fulfill your career options in medical billing and coding jobs. You can search online or contact medical billing specialists to know the prospects of the billing career along with the details of salary information in different sectors and health care institutions.

Posted on April 16, 2014 by · Leave a Comment
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Medical billing and coding

About medical billing

Medical billing and coding is a field that is getting a lot of importance, because of the increase in people seeking medical attention. Nowadays, because of the increase in lifestyle diseases, the percentage of people needing medical attention is on the rise and this led to the increasing opportunity in the medical coding and billing. In fact, it is one among the fields in health industry providing better job opportunities. In US, more than 5 billion claims are processed every year by the health insurers and because of this many health insurance programs and Medicare need to ensure that the processing of all the claims are done on time, without any errors and must be according to the standard coding system.

Therefore, it is duty of the professionals in the field of medical coding and billing to make sure that documents are submitted on time to various federal agencies and insurance companies without any errors and the repayment of the medical expenses are done on time. To specifically identify an outpatient and the inpatient services/ procedures, the medical coders generally use some special codes and these special codes makes the billing and coding process a lot easier for both public and private insurance companies.

HCPCS refers to Healthcare Common Procedure Coding System. According to the American Medical Association’s Current Procedural Terminology (CPT), there is a set of some health care procedure codes introduced in the year 1978 and this set of codes is collectively known as HCPCS. For describing the specific items and the services provided in health care, HCPCS provides a standardized coding system, which will prove very helpful during the processing of the insurance claims and medical expenses. Moreover, this coding system makes sure that all the processing of medical expense claims are conducted in a proper manner and according to the codes.

There are two levels existed in HCPCS codes.

  • Level 1 consists of American Medical Association’s Current Procedural Terminology (CPT) and is numerical.
  • Level 2 is generally meant for non-physician health services and contains only alphanumeric.

    HCPCS Level II codes

    Know about Medical billing and coding

If you are looking forward to building your career in medical billing and coding, then you should be aware of the changes in codes and about the latest codes. Using HCPCS books is the only recommended option to keep in touch with the codes and it contains list of HCPCS Level II codes with accurate and correct explanation.

Posted on March 31, 2014 by · Leave a Comment
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Medical Billing Salary

Medical Billing Practitioners

Medical billing has always been a great career option for many people. One of the main reasons is that you will be able to earn a substantial amount of medical billing salary. It is indeed quite interesting to know that medical billing is a great option when you think about working from home. The main advantage is that you can work as per your flexible timings. All you have to do is ensure the works are finished as per the instructed deadlines. Nowadays, more people are opting to do medical billing jobs. The following aspects will tell you more about the benefits of medical billing careers.

Benefits of medical billing jobs

The main benefit of pursuing the career is the high amount of medical billing salary. You can either select to work with a reputed medical billing firm or work from home. What matters most is the training.?Š Training is an important requisite to become a qualified medical billing executive. There are numerous options to get training in medical billing. You can do it online or join medical billing training institutes. Ultimately, the objective is to know the fundamentals of the job and do it right.

You can see that training for medical billing is very short when compared to other professional jobs. The best advantage is that you need a basic interest to do the job. If that is there, you can excel at your work and draw a handsome medical billing salary.

Flexible Timings

Benefits Of Medical Billing

Work at home options for medical billing is very much suitable for young mothers. They can take care of their children and do the job at the convenience of their homes. This is one main reason why many women are doing medical billing jobs from their homes. All that you ought to make sure is the availability of unlimited internet connection and the required system configuration.

You have to be very careful while selecting a medical billing firm to work with. Always go for reputed firms that have positive reviews and a large clientele. Only then, you will have prospective growth in your career. Speed and accuracy are two main factors that can determine your job proficiency. Therefore, it is very important that you give maximum attention to these areas.

Always be updated with the latest tips and information regarding the industry. This will certainly give you a competitive edge over other medical billing practitioners.

Posted on March 24, 2014 by · Leave a Comment
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Medical Billing Salary

Medical Billing Course

Medical billing and medical coding are two major fields that you could consider if you are hoping for a good career in the medical field. The first thing is to acquire knowledge in this field and various specialization options available that could take make your career bright and secure. Medical billing salary scale varies based on the hospital, business, or clinic for which you work.

In medical billing field, you can specialize in either medical coding or medical billing. Some people opt to specialize in both the fields and are called medical insurance specialists. The other name for medical biller is Certified Medical Billing Specialist. The average medical billing salary is around $12 to $13 for an hour. However, it necessitates you to have a minimum experience of one year to make this demand. As your experience increases, naturally, the salary goes up.

In addition to having experience in the medical billing field, college education could be an added advantage. However, college education specifically on medical billing and coding field is the best option for aspirants in medical billing field. It is also a good strategy to undergo special training courses related to medical billing.

Medical Billing Specialists

Medical Coding Course

Keep in mind that you can find numerous online courses related to medical billing. The course structure and fee may vary according to various online service providers. You can acquire the details of the course structure fee and enrollment details from their respective websites. However, before you join an online training program, it is advised that you compare the programs from various online training sessions, before making the choice. It is also necessary to find out whether the online training website has sufficient accreditation.

Now, before you opt for the course, keep in mind that not all the courses recommended by the institute or online trainers might be necessary for the job. Pursue courses and classes keeping this in mind. In addition, you get to study a lot during the job. Therefore, do a thorough research on what exactly you need to study for landing the job.

Keep in mind that all hospitals and clinics have positions open for medical billers and medical coders. Hence, it is a good strategy to meet some of the Medical Billing Specialists in the hospitals in your area. Also, try to get in touch with the local clinics, insurance companies and hospitals to gain a better idea regarding medical billing services.

Posted on December 20, 2013 by · Leave a Comment
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Medical billing from home

?Š ?Š ?ŠGet medical billing from home

Internet offers a wide variety of opportunities for all those who are seeking jobs online. There are people who live under the notion that most opportunities offered via internet are scams. However, this is not true to a certain extent. Keeping the fact in mind that there are indeed several online scams, we need to identify those legitimate websites that offer genuine money making opportunities online.

Have you heard about medical billing from home? There are certain firms who offer this type of job training online, but that does not mean that all the opportunities that are opened for medical billing are just training. If you do a proper search online, you could definitely track down those legitimate websites offering medical billing from home.

Initially, you need to look for the clients who offer this business. ?ŠThere are clients who offer the opportunity to do the medical billing services and this would help you earn money online. If you are a beginner in medical billing, ensure that you work at a reduced rate or even provide free service initially to gain some experience in medical billing. Thus, you can prove your efficiency in medical billing and gain your clients. It would be better if you have a list of testimonials along with the good experience gained during this period. This will in turn help you get a good start in your online business. If you were wishing to start a medical billing business from home, you need to spend some money as start up expense and this will include the expense for an internet connection and a software for medical billing.

offer genuine money

?Š ?Š ?Š ?ŠAcquire medical billing from home

Since medical billing includes coding, you need to get good training from a medical billing school and this would help you start your business with less effort. The training will include knowledge about medical billing software, medical terminology, insurance practices and others. If you wish to learn professionally about medical billing, it would cost about $2500 and this programme will extend for about a year and a half. These courses even offer their students access to some databases, which list different hospitals and physician‘«÷s offices that are offering jobs.

Now the choice is left to you and you need to collect more information about medical billing before you start your medical billing business from home. Hope you found this article useful.

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