7Newswire
03 Jun 2021, 04:21 GMT+10
Are you one of those people who still think that medical billing and coding are the same careers? It's just a misconception. Both fields are entirely different from each other. However, it has been observed that people are more curious about knowing the answer of: what does a medical coder do?
Because due to the growing complexities in the field of medical coding i.e. adaptation to ICD-10 codes, have increased the demand for certified medical coders. As accurate medical coding is crucial from a compliance perspective too, healthcare providers don't rely on inexperienced people.
Along with avoiding financial loss, medical fraud prevention has become a major factor that makes medical coding more important than ever before. So, in order to get completely reimbursed and save their practice from healthcare frauds such as; upcoding, under coding, unbundling, etc. Medical practitioners prefer to hire well-experienced coders, having in-depth knowledge about the latest coding classifications.
So, the market for coding jobs witnesses a surge in terms of new job opportunities. According to the Bureau of Labor Statistics (BLS), there were an estimated 215,500 medical coding jobs in 2018. And this trend is expected to grow by 13 percent by 2028. This growth rate is much faster than the average as compared to the other fields.
Before diving into further discussions let it be clear that medical coding is the procedure of translating patients' diagnosis, injuries, treatments and medical services, performed during a patient's visit into universal medical alphanumeric codes.
On the other hand, medical billing is the process of preparing, filing clean medical claims and following up with the insurance companies to get payments for the healthcare services rendered.
What Are the Responsibilities Of Medical Coders?
What are the major duties of a medical coder? It is the most frequently asked question as a large number of people are showing interest in starting their career as a coder.
It is the best field for those, who have no interest in patient care and performing medical obligations. But still, they want to enter this profession. Medical coders are part of the healthcare administrative teams, who are responsible for the following tasks:
Topmost Qualities of a Successful Medical Coder?
After searching for the responsibilities of medical coders? The next question that comes to mind is the qualities and skills that make a medical coder successful.
There is no "typical" prototype in this field but there are some traits and skills that can help you to reach the peak of your career as a medical coder. For instance, first of all, medical coders must have a strong ethical standard as they deal with highly confidential patients' healthcare information.
However, the analysis of nearly 17,000 medical coding job postings from the past 4 years, indicates that the recruiters are looking for the following technical and transferable skills in a professional medical coder.
Top technical skills:
Top transferable skills:
If you possess these transferable skills, you can definitely begin your career as a medical coder. You just need a complete understanding of what does a medical coder do. If you have a passion for this job, then don't worry about the technical skills, you can acquire these skills through formal training and education.
Where Do Coders Work?
As we have already discussed the latest healthcare reforms, strict policies established by the regulatory authorities & insurance companies have made it crucial for healthcare providers to hand over their coding tasks to the highly trained medical coders.
Furthermore, the growing trend of implementing electronic health records (EHR) also leads to a greater demand for medical coders, who can manage the large flow of data in terms of patients' healthcare records etc. So, all these factors continue to drive demand for medical billers and coders across the world, particularly in the United States.
However, it's another major misconception that coders can only work in hospitals or medical offices. Now the scenario has been changed. There are many other organizations that are acquiring the services of coders to get things done accurately.
As a medical coder you can work in the following professional settings:
How Can You Become a Medical Coder?
Have you got complete information about the job description as well as the duties of a medical coder? If yes then you must look for the educational requirements to land in the coding field.
There are no specific degree requirements to become a medical coder. You can get your dream job by earning medical coding certifications from renowned and reliable community colleges or training schools. It's pertinent to mention here that every billing and coding certification requires a high school education or equivalent.
Here is the list of the following certifications that can help you to achieve your career goals as a medical coder.
If you want to get more information about the responsibilities and job requirements for coding? Then stay in touch with Medical Billing Benefits. It is the most reliable healthcare newswire that has been providing updated information about healthcare reforms, coding, billing, and other happenings in the medical industry. Visit our website to keep yourself up-to-date.
Get a daily dose of New Jersey Telegraph news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to New Jersey Telegraph.
More InformationPALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...
FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback...
SANTA CLARA, California: Nvidia came within a whisker of making financial history on July 3, briefly surpassing Apple's all-time market...
SACRAMENTO, California: California's multibillion-dollar farms are facing a growing crisis—not from drought or pests, but from a sudden...
WASHINGTON, D.C.: The Trump administration has made public a visa decision that would usually be kept private. It did this to send...
MADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
President Donald Trump's plans to build a space-based Golden Dome missile defense shield have drawn immediate criticism from China,...
NEW YORK CITY, New York: Paramount has agreed to pay US$16 million to settle a lawsuit brought by U.S. President Donald Trump over...
LONDON, U.K.: British Prime Minister Keir Starmer won a vote in Parliament this week to move ahead with changes to the country's welfare...