Medical
Billing
Medical Billing Specialist - A Recession-Proof Job in the
Expanding Healthcare Industry By Suzanne Burnham Nature of
the Work A Medical Billing Specialist works with a medical
office as a reimbursement specialist on accounts payable for
their Medical-Billing. When a patient visits their doctor,
each service and/or goods provided triggers a specific charge.
These in turn must be accurately compiled and an invoice sent
out to the patient. The Medical-Billing Specialist prepares
these charges,
sends out invoices, and contacts insurance companies to ascertain
which charges will be covered.These reimbursement specialists
also field follow-up questions from patients, resolve any
errors or discrepancies, and make sure all billing and accounting
records are accurate. They may work part-time or full-time,
as well as evenings and weekends depending on the job. People
interested in being a medical billing specialist should be
organized, pay close attention to detail, and have excellent
analytical skills.Job Outlook.Medical Billing Specialists
are employed in one of the fastest growing industries--healthcare.
New job creation will be robust, and provide employment opportunities
for many individuals. The need for qualified medical claims
processors will see double digit growth over the next several
years as a result of several things, including an aging population
that will increasingly need healthcare, and new health care
legislation at the federal level.
Opportunity for Advancement.Medical Claims Processors who
have several years of on-the-job training at hospitals or
doctor offices may decide to open their own Medical Billing
Business. Not only does this provide the attractive potential
to do Work at Home Medical Billing, but it also provides the
ability to make significantly more income than is possible
working for someone else.
See our separate section on a Medical-Billing Home Business
for more information. Salary/Earnings Potential.The average
annual salary of a Medical-Billing Specialist is $25,300.
Salaries can range, however, from $18,200 to $30,100 depending
on the region of the country you live in, your experience,
and the office setting you are in.Training and Qualifications
Needed Students interested in medical billing should take
high school courses in algebra, biology, computer skills,
English, typing, data processing, Click
here for the rest.
|
|
