Are you interested in a healthcare-related career? Are you detail-oriented and like the idea of collaborating with healthcare providers and insurance companies? If so, becoming a medical billing and coding specialist may be just what the doctor ordered. Medical billing and coding schools provide the training you need to convert patient data into claims for insurance companies. Here’s an overview of what medical billers and coders do, and what you will learn in medical billing school.
What’s Involved in Medical Billing and Coding?
When patients visit a medical facility, doctors create a record of symptoms, tests, and diagnoses. Medical billing and coding specialists “translate” this information into specific codes, which they use to create insurance claims. These codes are universal, so insurance companies and healthcare providers have a mutual understanding of what they mean.
No matter what clinical setting you work in, your responsibilities as a medical biller and coder are usually the same. They include:
- Analyzing patient records
- Maintaining patient confidentiality
- Managing detailed information and keeping track of multiple visits
- Using the appropriate codes to bill insurers
- Working with doctors and other clinicians
What Is the Job Outlook for Medical Billing and Coding?
As large segments of the US population reach their golden years, the demand for health services is on the rise, creating a need for more medical billing and coding specialists. According to the US Department of Labor, job growth among medical records and health information technicians is projected at 13% through 2026, a faster rate than many other sectors. In May 2018, median annual pay for workers in this field was $40,350.
What Courses Are Covered in Medical Billing and Coding Schools?
Medical billing and coding schools teach students everything they need to know about how to correctly apply codes for diagnosis and treatment. Coursework covers topics such as:
- Medical terminology
- Disease processes and surgical procedures
- Medical contracts, ethics, and HIPAA
- ICD-10-CM and PCS coding
- Physician and hospital billing
- Explanation of benefits, refunds, and appeals
Once you’ve successfully completed the fundamentals of medical billing and coding, you’ll be prepared to take the Certified Billing and Coding Specialist Exam. A passing score on the test shows employers that you’re qualified.