Tuesday, March 15, 2016

How To Keep Your Job In Medical Coding And Billing

By Kimberly Listons


Many people in 2016 fear that their job could possibly be taken away from them. A lot of companies are reporting mass layoffs and the oil industry has recently been hit as well. A lot of employees in the oil and gas industry are now seeking jobs in other industries. There is obvious a crisis going on in the world today. However, do medical billers have to fear their job is at risk? The answer to this question is yes and no. History shows that healthcare is a growing field. We have a baby boomer generation that is now beginning to seek healthcare. It is estimated that there will be around 100 million people needing senior care over the next decade.

Medical billing salaries are starting to go up if you know ICD-10 coding. If you were making $35,000 last year, you could be looking at $50,000 + dollars this year if you know how to work with ICD-10. It is important to look at yourself and ask, "What is it that I like to do? What can I do in order to make a good living for myself?" Billing is a field in which people do not understand completely. Many people are beginning to read books on the topic and express it with their co-workers that do similar types of work.

Years ago, billing was considered to be something that you can learn on the job. Now a days, billing has changed. Medical coding and billing has to be learned in school or by taking courses on the internet. Of course there are workshops that you can attend in order to enhance your education. It is best to talk to people that want to see you succeeding. It is important to put all of the pieces to the puzzle together. Allow others to see that success is right around the corner and will make sense once all of the pieces to the puzzle have come together.

Many people in different parts of the world see medical billing as an industry that has no bounds. You can keep on learning something new and nobody knows for sure what the full outcome is going to be. Medical billers need to know a lot about utilization management and book keeping. Keeping good records are important for audits and for your boss. It lets everyone know that the records are in good shape and you will be able to see long lasting benefits of your hard work.

It is important to let people understand and know more about your career. Most people today would be interested in a job that has lots of security. It is much like computer programmers knowing that their jobs are secure as well. Learn from people that have worked in healthcare before you. The job market is said to provide many jobs for skilled workers. The key word here is skilled. Most companies will not take you on as an apprentice. Take your time when trying to figure out a way to improve your education.




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