The demand for qualified healthcare workers is growing rapidly as the healthcare industry expands to deal with America’s aging population. At the same time, the healthcare industry is undergoing a digital transformation, moving from outdated pen and paper methods to faster and more accurate digital ones. Medical billing and coding is the vital underpinning of how healthcare providers and the healthcare insurance industry interact. However, because of the seeming complexity of the job and a wide misunderstanding of how it works, many people looking for a new career in healthcare think that medical billing and coding is a hard career..
You’ve officially landed your first interview for a position in the healthcare industry. Congratulations! The only catch is that the role involves some medical coding and you don’t have much experience with it. What do you do when it comes time for you to ask questions? To help you out, here are a few examples of questions to ask during a job interview that involves medical coding: What Billing Software Do You Use? From RXNT and AdvancedEHR to Kareo Billing and athenaOne, there are a wide variety of billing software options out there and not all of them are..
The National Health Care Anti-Fraud Association estimates conservatively that health care fraud costs the nation about $68 billion annually. That’s about 3 percent of the nation's $2.26 trillion in health care spending. Other estimates range as high as 10 percent of annual health care expenditure, or $230 billion. As a medical biller and coder, you’ll be on the front line of help to spot and combat medical fraud. So, in today’s article, we’ll be looking at what healthcare fraud is and how common is it? What is Healthcare Fraud? According to the Federal Bureau of Investigation (FBI), health..
Medical coders are a vital part of the modern health infrastructure and the need for them is constantly on the rise. In this article, we’ll be looking at why this exciting career is in such high demand and why now is an excellent time to become a medical coder. The Need for Medical Coders and Billers The demand for qualified coders and billers has been rising rapidly over the last decade. Part of this is because Medicare’s guidelines recommend each facility have at least one certified coder on staff. The healthcare sector and medical employers are also coming to..
Automation has been radically changing how companies across a range of sectors approach billing and credit control. With the rapid growth of medical billing and coding to match the greater digitization of the healthcare sector, more and more healthcare organizations are turning to automation to streamline and error-proof their billing systems. In this article, we’ll be looking at how automation is the future of medical billing and coding. Automated Data Entry Data entry for medical billing and coding is one of the most time-consuming parts of the job. Entering codes, demographics, and insurance information is also the area where the..
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