People are always on the lookout for “work from home jobs”
that can get them a six figure salary, and ‘Medical Coding and Billing’ is one
of them.
But yet people just do not prefer it as an opportunity of
earning good income or additional income. Why? Simply because most of them are
just not AWARE about the great opportunities that are part of the field of
medical coding and billing
The healthcare market is expected to increase three-fold to
Rs 8.6 trillion (US$ 133.44 billion) by 2022. With modernization and people getting more and
more conscious about their health, more investments are being made in health
insurance plans. This ultimately leads to significant increase in demand for
medical coders and billers every year.
Medical coding is a field that does not compulsorily require
a health degree and hence it is comparably easy to start a career in medical
coding. However it will be an added advantage if you have a basic knowledge of
anatomy and physiology.
For those from medical background Medical Coding will
be extremely easy. For those form non-medical background will have to put in
extra effort for learning the medical terminologies. This is not at all tough
and you can learn it through certification
course for medical coding and billing at Chis Solutions. This course is
usually for 3 to 4 months and can be done part time. This certification course
will open up a window of opportunity for you whereby you can earn surprisingly
high salary.
Wondering what
exactly is Medical Coding & Billing?
What is Medical Coding & Billing?
In simple terms it is the connection or a bridge between
Insurance Companies and the Doctors/Physicians/Medical Practitioners.
What does a medical coder do?
A medical coder extracts the information from patients’
medical records and converts them to an industry-standard medical code, which
is accepted universally. Medical transcriptions from hospitals and clinics are
converted to universally accepted codes in diagnosis, procedure and drugs. The
codes are then referred to medical billing and insurance purposes.
Career opportunities of Medical Coding and Billing in India
- Certified Professional Medical Coder
A certified professional coder (CPC) is takes care of the
medical coding for healthcare agencies. He has to make sure that medical coding
used is in compliance with all medical coding laws and regulations and ensure
that the coding used is for reimbursable expenses when necessary. They must
also maintain confidentiality and stay current on changes to insurance coding. They
may provide regular coding, surgical coding, or hospital coding as appropriate.
- Coding Specialist
Medical coding is a procedure of assigning alphanumeric
codes to every individual diagnosis and medical procedure. It is a growing
industry and has a huge potential. It is a relatively new industry, having a
lot of potential and scope. It is a growing industry that offers a lot of
potential for employers and job seekers alike.
- Online Assignments from Abroad
The outsource industry in Healthcare is the favorite
destination for companies outside India.
In fact, 80% of US companies outsource to India .There is an ever
increasing demand for offshore medical coders and billers which gives them job
security and high earning opportunities.
With great exposure to both IT and healthcare, Medical coders in India
are able to work in a secured environment with huge growth opportunities in
their career.
- Jobs in Medical Insurance Companies
Medical coding is converting a medical diagnosis or
symptoms, procedures, and drugs into codes and Medical billing is billing
insurance companies and patients for procedures and office visits. Their work
is submitted to insurance companies for payment purposes, data collection,
research, billing and quality improvement purposes.
- Reimbursement Specialist
Medical Coders play an important role in the financial
success of private medical practices and other health care facilities. The
greater the expertise of the Medical Coder in identifying relevant diagnosis
for patient encounters, the greater the insurance reimbursement to the
physician.
- Claims Processor/ Claims Reviewer
A technical person is needed who can understand the medical
terms and convert them into precise and specific codes for claim processing is
required in insurance companies. This is where the role of medical coders comes
in. They make sure that the hospitals/doctors are neither overpaid, nor are
they underpaid.
Good info, We are Providing FREE TRAINING ON:
ReplyDeletemedical coding training in hyderabad