By Alan Lim
Medical billing and coding is a fast-popularizing occupation or profession for the computer savvy and detail-keen individuals. It could be a good data entry home job for anyone who intends to earn good income.
Are you looking for a prospective career path that would surely provide great compensation and enable you to manage your time well? Do you like the idea of being your own boss? Do you intend to work from home? Don't you like to spend tumultuous years of studying just to earn professional degrees and titles and make sure you will end up in a high-paying and worthwhile career? You should consider getting into medical billing and coding as a data entry home job.
The concept of medical billing and coding may be new to you, but it is in fact one of the fastest rising segments in the combined medical, insurance and IT sectors. Medical billing is a necessary procedure of submitting patients' medical claims to corresponding insurance companies, or to Medicare and the US federal government. The main purpose of the process is to obtain payment for the services rendered by healthcare providers and hospitals. Medical bill professionals are regarded more as billing specialists who manage patients' accounts, submit claims and file and access electronic records using financial software.
Medical coding, on the other hand, involves applying specific codes to diseases or injuries. When patients undergo medical procedures or are confined in hospitals, medical coders are responsible for filing their claims using pre-set codes to make billing easier and more systematic. Medical billing and coding therefore was born out of the need for professionals who would do the tedious and systematic work of filing, assessing and processing medical claims of covered patients from their health insurances or from Medicare. Hospitals and healthcare facilities are acknowledging their needs for such professionals, especially these days when almost all conventional processes could be done electronically.
As the US' healthcare system and regulations further become more rigid, complex and competitive, medical billing and coding is expected to continue emerging as one of the most popular modern occupations. More and more people are aiming to get into this emerging sector because of the high pay. Based on current estimates, a medical billing and coding professional could receive annual compensation of between $31,000 and $41,000. Daily work hours could also be flexible. It could be a lucrative data entry home job for professionals who dislike traditional employment opportunities.
Most medical billers and coders today exist as home-based and startup businesses. Such ventures offer medical reimbursement services to small clinics and doctors. Such professionals work independently in secluded offices without full involvement, contact and relations to hospitals, healthcare providers, insurers and Medicare. Thus, they are most suitable for people who are looking for a data entry home job.
What's more? You do not need to earn degrees and diplomas just to become a medical billing and coding professional. There are online certification programs for medical billing and coding. Most learning schemes are conducted and facilitated online, with simple and practical computer and filing curriculum that could be conveniently completed by anyone for about 18 months. If you think you have a strong eye for details and if you intend to enjoy a data entry home job, you may start getting the necessary certification and become a medical billing and coding professional.
Article Source: http://EzineArticles.com/?expert=Alan_Lim Are you looking for a prospective career path that would surely provide great compensation and enable you to manage your time well? Do you like the idea of being your own boss? Do you intend to work from home? Don't you like to spend tumultuous years of studying just to earn professional degrees and titles and make sure you will end up in a high-paying and worthwhile career? You should consider getting into medical billing and coding as a data entry home job.
The concept of medical billing and coding may be new to you, but it is in fact one of the fastest rising segments in the combined medical, insurance and IT sectors. Medical billing is a necessary procedure of submitting patients' medical claims to corresponding insurance companies, or to Medicare and the US federal government. The main purpose of the process is to obtain payment for the services rendered by healthcare providers and hospitals. Medical bill professionals are regarded more as billing specialists who manage patients' accounts, submit claims and file and access electronic records using financial software.
Medical coding, on the other hand, involves applying specific codes to diseases or injuries. When patients undergo medical procedures or are confined in hospitals, medical coders are responsible for filing their claims using pre-set codes to make billing easier and more systematic. Medical billing and coding therefore was born out of the need for professionals who would do the tedious and systematic work of filing, assessing and processing medical claims of covered patients from their health insurances or from Medicare. Hospitals and healthcare facilities are acknowledging their needs for such professionals, especially these days when almost all conventional processes could be done electronically.
As the US' healthcare system and regulations further become more rigid, complex and competitive, medical billing and coding is expected to continue emerging as one of the most popular modern occupations. More and more people are aiming to get into this emerging sector because of the high pay. Based on current estimates, a medical billing and coding professional could receive annual compensation of between $31,000 and $41,000. Daily work hours could also be flexible. It could be a lucrative data entry home job for professionals who dislike traditional employment opportunities.
Most medical billers and coders today exist as home-based and startup businesses. Such ventures offer medical reimbursement services to small clinics and doctors. Such professionals work independently in secluded offices without full involvement, contact and relations to hospitals, healthcare providers, insurers and Medicare. Thus, they are most suitable for people who are looking for a data entry home job.
What's more? You do not need to earn degrees and diplomas just to become a medical billing and coding professional. There are online certification programs for medical billing and coding. Most learning schemes are conducted and facilitated online, with simple and practical computer and filing curriculum that could be conveniently completed by anyone for about 18 months. If you think you have a strong eye for details and if you intend to enjoy a data entry home job, you may start getting the necessary certification and become a medical billing and coding professional.
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