Home Based Medical Billing & Coding Jobs
If you thought hospitals was a place where one is admitted, treated and sent home; well, there is lots more that happens behind the scenes to keep the hospital standing erect. And with the number of facilities increasing the workload is also on the upward swing; and becoming all the more professional for that matter.
Medical Billing is the practice of submitting claims to Insurance companies, specifically Medicare in order to receive payment for services provided to a patient by a doctor. Although most doctors' offices request that payment be made at the time of service, every medical office needs to maintain patient financial accounts to follow up on the insurance claims and payments received.
An important aspect of any hospital is the maintenance of records of every patient that steps in for treatment. This amounts to thousands of records each year. In order to get through the task of billing and coding, a number of hospitals offer home based medical billing and coding jobs.
To be able to work on medical billing from home, you will need adequate training. Medical billing services follow certain codes and terminologies. You need to understand them before starting a home based medical billing service. Though you don't require any certificate to get a project, it is always better to train yourself. Training courses can be found online too. You can consider a certification program offered by American Medical Billing Association (AMBA). After getting trained, you can contact the medical professional's offices directly to make them aware of your services. Though there are many message boards and online forums to post your services, direct contact is usually the best way.
This helps them to organize things better and coordinate in a more structured fashion with the insurance companies. In order to be assigned such jobs one needs to have some proficiency as far as medical terms are concerned. Usually, prior to providing a job of this nature, one is required to go through a test to check the medical proficiency of an individual.
Work from home medical billing requires a personal computer with medical billing software. The software can cost anywhere from $500 to $10,000 based on its utilities and features. A medical billing service can fetch you an annual income ranging from $20,000 and $50,000 if you are working with six doctor's offices.
Since this work can be done at home, one ideally requires broadband connection and has to transfer the work, online, as per the deadlines. Usually, the employing company has troubleshooting staff, on call incase the employee is confused about something. This is a highly technical job and requires maximum precision.
Medical coding also plays an important role in the proper preparation and maintenance of reports that track diseases and ailments and other health conditions. Capturing medical data accurately and in a timely manner is vital to quality healthcare facilities. A record of a patient includes symptoms and medical history, the results of examinations, reports of X rays and laboratory tests, diagnoses, and treatment plans. Codes are assigned to each diagnosis and procedure. The role of medical coding is also useful in administrative and research activities, surveys and legal actions as well as in controlling costs and improving patient care. If you are considering medical coding jobs from home, it is essential to get a coding certification. The legal ramifications of incorrect billing and coding can be substantial.