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Making Money With A Medical Billing Career

By Wilma Northwing


Choosing a career takes time. If you are in high school and trying to figure out what you want to do with your life, you may try looking into the field of medical billing. For starters, many billers today say that the industry is changing and becoming more challenging. Many high school students and young adults are looking for a career that allows you to think and gives you lots of challenges throughout the day.

You may come to realize that a lot of business owners today are looking to save money. Saving money means having trained workers that put more money in your pockets. If you are thinking about a career in medical billing, then you are off to a good start. You can easily find a medical billing program that fits your schedule. Many billing programs are taught in a classroom setting and in an internet setting.

The proof is in the pudding. The fact is that your boss will determine your salary based on how much money you can make the medical practice. If you cannot save him time and money, you may not be worth a six figure salary. In fact, you may be worth far less to him because of your inability to bill correctly. Many medical billers today are having a hard time learning ICD-10. Many men and women find themselves going back to school for additional training. If you already know ICD-9, you can probably learn ICD-10 in around 6 months. However, you still will not be an expert.

Many overseas companies are seeing many claim rejections in their billing. It is becoming common for treatment centers to receive regular audits from insurance companies. It is often a troublesome time for physicians. They are trying to figure out if they should outsource their billing or keep it in house. It is becoming clear that outsourcing your billing actually gets you higher profits. Medical billers do their job around the clock. They do nothing else but billing. A doctor must see his/her patients. Your staff does other responsibilities as well. Coding today is a full time job.

Choosing a coding career takes time and attention to detail. Expect to work long hours and to constantly be training. You should attend a medical billing workshop at least once a month in order to keep your skills up to date. Medical billing changes on a year to year basis. Make sure to have the correct books in your library if you are reading about coding. It is important to make sure that you are ready for this career. It will require a lot of your time. It is not uncommon for billers to work some 8 to 12 hours a day coding.




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