Medical Billing and Coding refers to the practice of analyzing the medical records and receipts in the healthcare sector. The reports are analyzed by the professionals in order to give a proper diagnosis for the patients and check their insurance.
Some features of Medical Billing and Coding are:
Makes the students aware of transcriptional codes.
Helps in analyzing bills and medical reports.
Collection of payments and claims are taught.
Helps in learning about insurance and electronic medical records.
Various degrees offered in this subject are:
An Associate’s Degree in Medical Billing and Coding helps gain professional knowledge and is offered as a two-year undergraduate degree. Some of the subjects covered in this degree are Pharmacology, Medical Terminology, Introduction to Computers and many others.
A Bachelor’s Degree in Medical Billing and Coding is a four-year undergraduate degree. It looks at the insurance billing and records in the healthcare sector. Some of the subjects offered in this degree are Anatomy and Physiology, Bioethical Issues, General Psychology and many others.
A Master’s Degree in Medical Billing and Coding is a one to a two-year graduate degree. It can be pursued in order to gain administrative positions in the healthcare sector. Some of the topics included in the degree are electronic record keeping, business communications, and health information technology to name a few.
A Doctoral Degree in Medical Billing and Coding is a research-level degree which includes training for being a professional in hospitals, clinics, and other healthcare sectors. The duration of the course varies. It is the highest level of degree attained in this stream.
Specializations offered in Medical Billing and Coding are cardiology, gynaecology, dermatology and many others.
The professions where the graduates of medical billing and coding get employed are Cancer Registrar, Cardiology Coder, Dermatology Coder, Obstetrics Gynecology Coder and many others.
The approximate wage for a year is $73,002 and is increasing by 2.5%. The number of people in the workforce is 3.98 million.
The Medical Billing and coding is a field that is growing at a rapid pace and has got a huge scope. It is one of the best career options a student can opt for.