The job of a medical billing and coding professional is focused on health data, insurance policies, and interpersonal communication with patients, doctors, and insurance representatives. There are several different aspects of the job that require an analytical mindset and a strong sense of organization. Most importantly, a diligent worker trained in medical billing and coding can keep a medical facility running smoothly and profitably, for the benefit of the doctors and patients alike. Working at home is an also an option with medical billing and coding, this can be very useful to individuals with children and other daily responsibilities.
Key Elements of Training
The billing aspect of the medical field can get extremely complicated. With dense insurance policies and complicated medical procedures, it is important for each medical records technician to understand both sides of the healthcare business. Training programs will expose students to medical terminology, anatomy, and the basic steps behind the most widely-used medical procedures. This way, there will be no confusion during the billing process when a medical technician has to calculate the cost of a procedure that involved several different medicines and treatments, like prescriptions or x-rays. Understanding all of the treatments will make it possible to understand their costs.
The coding aspect of the healthcare industry is what makes it possible for doctors to work together with a unified understanding of each patient. After each treatment and procedure, a patient’s medical file must be updated to show the extent of the treatment and record any changes in their overall health. This file is shared among medical professionals and is extremely important for doctors with different specialties to understand the medical history of their patients. Not only this, but coding and record-keeping are also important to keep track of all the costs and payments accrued during the treatment process. This is important for taxes and insurance claims.
Daily Job Description
An average day at the office for a medical billing and coding specialist starts with opening the office for the day. After arriving and setting the office in order for doctors to begin their work and patients to arrive, the daily schedule must be updated. The health information technician or medical assistant who has been trained in billing and coding should go through phone messages and emails to make sure there have been no cancellations or updates to the daily schedule. After updating the doctors, the first wave of patients will arrive. Seated at the front desk, a medical biller will greet patients and help them sign in for their appointment. Once their appointment has been completed, the patient will return to the front desk and discuss payment. The health information technician will help the patient determine the amount from the insurance provider and out of pocket. After processing payment, the records must be updated to accurately describe the patient’s medical history and financial transaction with the physician’s office. This process is repeated for each patient that visits the office. In between, time may be needed to follow up on insurance claims, schedule new patient visits, and take stock of office balances for medical equipment and payroll transactions. There are many aspects of medical treatment that need to be financed, and medical billing and coding professionals are crucial to maintaining the ledgers and updating patients or doctor