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The Gaps in America’s Healthcare System

female doctor sitting office with medical record

At the population of the US, both grows and ages the American healthcare system continues to grow to deal with the increasing strain. While much of the media coverage of the healthcare sector focuses on this growth and the opportunities it provides, there is another issue that is less well reported.   In this article, we’ll be looking at the rapidly climbing rate of rural hospital closures in the US and how parts of rural America are being put at risk by the gaps in America’s healthcare system.   Advancing Hospital Closures Over 120 rural hospitals have closed since 2010,..

What Are Some of the Most Common Medical Billing Errors?

Medical Billing Errors

Even as the importance of medical billing and coding is on the rise in the US medical system, it is estimated that as high as 80 percent of medical bills contain errors. With healthcare costs spiraling, it is the responsibility of the healthcare payers to reduce overspending resulting from avoidable billing errors and improper claims reimbursement.    In this article, we will be looking at some of the most common medical billing errors, so you know what to look for when you are on the job. Medical Drug Dosage Administered vs. Units Billed One of the more common medical billing..

How AI Could Revolutionize Medical Billing and Coding

AI technology concept

Medical billing and coding are at the forefront of the modern American medical system and the market value of outsourced medical billing and coding is expected to reach $16.9 billion by 2021.   However, mistakes in billing and coding caused an estimated $36.21 million in incorrect payments in 2018. In this article, we will be looking at how artificial intelligence (AI) can be used to prevent coding and billing mistakes. One of the issues facing the coding industry is the nature of its audits, which take place towards the end of the revenue cycle. This means that, even if errors..

Who Is Responsible for Billing and Coding at a Medical Office?

patient signing billing papers

Medical billing and coding is a complex task that requires everyone in the billing and coding chain to play their part in order to ensure that the patient is correctly billed for services rendered. While it might seem like the medical coders are primarily responsible for this, in this article, we’ll break down the billing and coding responsibilities of the other staff at a medical office. The Office Staff The office staff at any medical practice are responsible for correct patient registration, appointment-setting and insurance eligibility verification. These are vital parts of the medical billing process and can results in..

Why Now Is the Best Time to Be a Freelance Medical Biller and Coder

freelancer making bills

The options for working as a freelance medical biller and coder have never been better as the market for outsourcing has exploded in response to the massively increased demand.   The global medical billing outsourcing market size is projected to reach USD 19.7 billion by 2026 expanding at a compound annual growth rate (CAGR) of 11.8%.    This is because of the large amount of medical code used during diagnosis and treatment coupled, with the presence of multiple payers, rendering medical billing into an intricate part of any medical practice’s administrative burden, posing significant challenges to smaller providers.   This..

What Does a Medical Coder Do?

healthcare medical coder

As modern medical practice comes to rely more and more on the use of electronic health records (EHRs), the position of medical coder has become central to the healthcare sector. Because of this, employment for medical billers and coders is projected to grow by an extraordinary 13 percent from 2016 to 2026, according to the Bureau of Labor Statistics. If you are looking for a career that allows you to be key to the modern healthcare system without needing to spend years qualifying as a doctor, then medical billing and coding might be the jobs for you. What Exactly Do..

Is Vaping Good for You?

woman vape ciggerate vaping device

In recent years, vaping has grown from a less than well-known alternative to smoking into the most commonly used form of tobacco by youth in the United States, according to the Centers for Disease Control and Prevention (CDC).   While doctors agree that vaping poses less of danger to users that smoking does, there are still some health concerns about this new method of taking in nicotine. In this article, we will be examining what vaping is and whether E-cigarettes are actually good for you. What Is Vaping? Vaping, so-called because the liquid in an E-cigarettes is vaporized before being..

Finding Your Dream Career In Medical Billing And Coding

medical billing person serving client

With the initiation of the digital age, it is becoming increasingly possible for the populace to not only follow edification from their home but to continue a career as well. This is becoming ever more factual for Medical Coders and Billers, especially for women. After the recession of 2009, many women returned home when the job market dried up, but with the surge of new employment a decade later, many are finding that its time to get back into the workforce. Jobs in healthcare frequently require qualified degrees in the area of expertise. Most employers are looking for candidates who..

Why Now Is the Best Time to Become a Medical Coder

medical coder working at his desk

The outlook for medical billing and coding students is extremely bright! In fact, students who are looking to earn a medical billing and coding certificate are poised to benefit from the 22 percent employment surge, according to the Bureau of Labor Statistics (BLS). The reason that medical billers and coders are in such high demand is pretty simple, ICD-10. ICD-10 is the new coding system that was federally-mandated to be the replacement for ICD-9, a 36-year-old system used for coding diseases, diagnoses and clinical procedures. The issue surrounding ICD-10 is that it represents a huge learning curve for existing medical..

Medical Billing and Coding Careers: Working in Physician’s Office

Physicians discuss patients report

Most professional coders and billers work in the outpatient physician office setting. This is because every doctor needs to send out his or her own bills to insurance companies, government healthcare agencies, or to patients. The number of private physician practices outnumbers all other healthcare facilities combined. When a physician provides services to his or her patient in the inpatient hospital setting, in an outpatient facility, or in an acute care clinic, radiology clinic, or sleep study lab, the physician bill for professional services is separate from the bill generated by the technical service provided by the institution. Professional Medical..