According to US Bureau of Labor Statistics, Health care is the largest U.S. industry and healthcare support professionals including Medical Coders are one of the 10 fastest-growing allied health occupations
Medical Coding is converting a diagnosis or symptoms, procedures, and drugs into codes and Medical billing is billing insurance companies and patients for procedures and office visits. Their work is submitted to insurance companies for payment purposes, data collection, research, billing and quality improvement purposes.
Coders and Billers play an important role in the financial success of private practices and other health care facilities. The greater the expertise of the Medical Coder in identifying relevant diagnoses for patient encounters, the greater the insurance reimbursement to the physician this field generates medical coders who specialize in coding after a thorough training program and a certification process. The American academy of professional coders (www.aapc.com) and American Health Information Management Association (www.ahima.org) offers certification.
Medical Coding Industry has met the cutting edge of information technology due to which there has been several channels opened towards placements in the health information field. These open doors has diversified and created platforms for the aspiring generation who have laid their career in the health information field.
With a demand in billing and coding of medical data, medical coding has become essential in many healthcare facilities and in the field of medicine. It also plays a very important part in funding and research. Besides the conventional medical centres and facilities, medical coders can find jobs in insurance companies, law and consulting firms. Many of them take advanced courses and establish their own private firms so that they can freelance their services. The salaries of medical coders are very decent and highly depend on the location, experience and education of the individual.
Certified Coders are in high demand throughout the healthcare industry. In fact, according to the US Bureau of Labor Statistics, Health care is the largest U.S. industry, making this career a sound choice and healthcare support professionals, including Medical Coders, are one of the 10 fastest-growing allied health occupations, and, studies show that Certified Coders are paid accordingly for their exceptional medical coding skills.
Medical Coding and Billing work is outsourced to India because of
- Increased efficiency
- Cost effectiveness
- Skilled Man power
- Reduced Operating cost
- Time Zone advantage with India
- 82% ranked India as their first choice for outsourcing in US
- India has the highest number of English speakers among the developing countries.
Dr Santosh Guptha, who runs Medesun Healthcare Solutions in Hyderabad and is himself is a trainer and a world record holder with 45 certifications in medical coding and billing industry says, “Our success means that students will build their careers, physicians will build their revenues, and employers will build their wealth through efficient manpower.” Medesun offers job oriented certification.
Science graduates are most suited to these courses as they can understand medical terms easily and master the procedures and vocabulary quickly. However, others too can take certification if the field interests them.