How would you like to earn extra cash without having to leave home? Medical coding jobs are growing at a rate of 20% per year.
If you want to get into healthcare billing, then you should consider becoming a medical coder.
Medical coding is the practice of assigning codes to patients’ diagnoses and procedures.
These codes are used by insurance companies to pay out claims.
The job requires knowledge of medical terminology and the ability to read and interpret medical records.
You can start learning medical coding today by enrolling in a coding boot camp or training course.
Coding boot camps teach students how to code from scratch and provide them with a certificate upon completion.
Students learn on their own time and at their own pace, while also receiving guidance and support from experienced instructors.
You will need to have some computer skills prior to starting your course as they do expect that you know how to use Microsoft Word, Excel, and PowerPoint.
They also expect that you have basic computer skills, such as using email and searching online for information.
The average salary for a medical coder ranges between $40K—$60K, depending on where you live.
This means that if you work hard, you could be making more than most people who work full-time.
Steps To Become A Medical Coder
Learn About Medical Terminology
Before you even apply for any coding positions, you must first understand what medical terms mean.
You will need to become familiar with the following terminologies:
- ICD-10-CM – International Classification of Diseases version 10, common modification
- ICD-9-CM – International Classification Of Diseases version 9, common modification
- HCPCS – Healthcare Common Procedure Coding System
Learn About Medical Records
Next, you must learn how to navigate through a patient’s medical records.
You will need to be able to find all relevant documents and ensure that everything is accurate.
Learn About Insurance Codes
Once you have learned how to navigate through medical records, it’s time to start applying for coding jobs.
There are many ways to go about this.
Some schools offer placement testing before allowing students to enter the program. Others allow you to take classes online or offline.
Apply For Jobs Online
Once you have completed your education, it’s time to begin looking for jobs.
Many schools offer career fairs to help connect students with potential employers.
However, there are also plenty of websites that offer free job postings.
Network With Other Coders
It’s important to network with other coders so that you can gain valuable experience.
It may not always be possible to attend networking events, but you can still meet new people by joining online communities.
Take Part In Competitions
Competitions are another great way to build up your resume.
Not only does it show off your skill set, but it also gives you an opportunity to prove yourself against others.
Take Advantage Of Free Resources
There are plenty of free resources available online.
Whether it’s YouTube videos, blogs, or social media accounts, these resources are sure to give you tips and tricks on how to become a better medical coder.
Learning never stops. If you want to keep improving your skills, then you should continue taking courses.
Courses are offered both online and offline.
The best thing about online courses is that you don’t have to leave home to attend. All you need is a laptop or desktop computer.
Finally, once you’ve completed your training, you’ll be ready to get paid.
Most companies pay their graduates around $20 per hour.
That’s not bad considering how much effort goes into learning the necessary skills.
What’s The Difference Between A Medical Coder And A Medical Biller?
The difference between a medical coder and a medical biller is very simple.
A medical coder works directly with doctors, while a medical biller works with insurance companies.
Both roles require similar knowledge and skillsets. However, they do differ in one major aspect.
A medical coder has more direct contact with patients than a medical biller.
This means that he/she will spend most of his/her day working with patients’ medical records.
On the other hand, a medical biller spends more time dealing with insurance claims.
He/she will often work closely with accountants and adjusters.
Complete Medical Coding Training
It is vital that you undertake and complete medical coding training at an institution or school that is accredited.
Ideally, you should select a course at a reputable university in order to guarantee future job opportunities and success.
Training at schools that are accredited by the Accrediting Bureau Of Health Education is also essential.
You will learn a variety of things regarding medical coding and a curriculum typically includes training on coding foundations, revenue cycles, ambulatory care coding, medical law and records management.
You should also ensure that you familiarize yourself with medical terminology prior to undertaking your course in order to easily engage with medical coding.
To conclude, you can become a medical biller or coder by completing a medical coding course.
These courses usually include hands-on practice sessions where students apply what they have learned.
They also provide ample opportunities for networking as well as competitions.
Finally, make sure that you choose a reputable school or institution before enrolling.
Choosing a reputable institution will increase your job opportunities after graduation and ensure that you have a full knowledge of medical terminology alongside medical regulations.