The growth in the medical industry has pushed forth an increasing need for individuals who can fill job positions in the billing department. Accordingly, there is a growing vacancy for jobs in the medical billing and coding sector. In the 2012 AAPC Salary Survey, medical billers generally receive many health care benefits aside from receiving paid leaves. Most medical billers and coders also work for only forty hours a week.
A medical billing and coding professional’s job lies somewhere in the fray between 3 parties: the medical institution, the insurance company, and the patient. These individuals work independently from and coordinate these 3 parties for a smooth flow in processing payment, details, and other requirements.
Their primary responsibilities include processing medical insurance and claims for reimbursements. Other duties include proper coding of medical records, diagnostic tests, and other reports in relation to patient claims. In addition, medical billers keep track of all records with regards to billings and monetary settlements. Right from the diagnosis and treatment to the payment disbursement, the medical biller keeps tabs on all patient records on behalf of the healthcare organization.
Medical billers are also responsible for sending all the necessary details and updates to the concerned patient, healthcare institution, or insurance company to make sure that the whole process goes on smoothly. Unlike most medical jobs, a medical billing and coding specialist need not spend his work days at the hospital. He or she is not required to render patient care or meet them face-to-face. What’s more, medical billing and coding specialists don’t work at similar hours as that of doctors or nurses. But this job offers decent pay in addition to a favorable work environment.
A medical billing and coding specialist makes around $12 to $24 an hour, or about $25,000 to $40,000 per year. These amounts, however, may vary, depending on the specialization or experience of the candidate, geographic location of the work, and other relevant factors. Indeed, a career in this field can be a lucrative one, offering more draws and pluses with less job-related stress and demands. And unlike most jobs, medical billing and coding work does not require much office space. In fact, you can do this at the comfort of your home. All you need is a computer and Internet connection, and you’re good to go.
If you have obligations at home that you can’t neglect or need extra income to make ends meet, this is the job for you. With the big boon of online or home-based jobs, a career in medical billing and coding offers wonderful opportunities and has rooted a strong niche.
This job doesn’t demand much. All that the candidate needs is to maintain records, process claims, and facilitate transactions. A job in medical billing and coding does not demand specific work hours nor require the candidate to be at the office. But the pay is good, and it gets better as the number of clients increase; after all, you can get as many clients as you want in this line of job.
In today’s world where everything is virtually on the Internet, online jobs are a promising prospect, money-wise. The field of medical billing and coding is no exception. Indeed, this growing line of work offers plenty of opportunities and conveniences. Not only does this job allow the candidate to work at home, it also pays well.