If you are a medical biller, you already know that making money is not always easy. Sometimes you earn a lot and at other times, your boss is not happy with you. If you don't know anything about medical billing, then perhaps this is an article that you should read. It will tell you about the pros and cons of being a biller.
When ICD-10 coding came out on October 1, 2015, it brought new requirements. New software had to be purchased by your employer and it was not an easy task. Medical billers throughout the United States are seeing slow payments from the insurance companies and checks for less money than you had asked for. A lot of coders are asking themselves why.
Under the new medical coding laws, doctors have to document what they are doing with their patients. ICD-10 requires medical billers to submit documentation to support their claim. This is never an easy process for anyone to go through. It can be hard to deal with and actually very dramatic. It is important for people to look at themselves and ask the question, "Am I worth the money that I think that I deserve?"
If your employer feels that they are getting lots of money from you, then they will most likely keep you around. If they feel that you are not collection enough money for them, then you will most likely get replaced by someone that can deliver. Coding today is a lot different than it was 10 years ago. Today, insurance companies want to know a lot of information about the patient. They want to know if they are improving or not. Before they submit a payment to your business, they want to make sure that you are doing what you claim. They also want to see if it was really necessary to do the tests that you say the patient needs.
Doctors are beginning to see that an expert coder is worth keeping around and paying good money to. A medical doctor has big overheads and licenses that they must pay for in order to operate their business. They seek higher returns each year and more money saved. They expect you to do this for them. Any biller that can is actually going to have a long time connection with their employer. It matters a lot to have a medical coder doing what needs to be done on a regular basis. It takes certification to educate yourself properly. In actuality, you can earn as much money as you want to. It is all up to how skilled you are.
When ICD-10 coding came out on October 1, 2015, it brought new requirements. New software had to be purchased by your employer and it was not an easy task. Medical billers throughout the United States are seeing slow payments from the insurance companies and checks for less money than you had asked for. A lot of coders are asking themselves why.
Under the new medical coding laws, doctors have to document what they are doing with their patients. ICD-10 requires medical billers to submit documentation to support their claim. This is never an easy process for anyone to go through. It can be hard to deal with and actually very dramatic. It is important for people to look at themselves and ask the question, "Am I worth the money that I think that I deserve?"
If your employer feels that they are getting lots of money from you, then they will most likely keep you around. If they feel that you are not collection enough money for them, then you will most likely get replaced by someone that can deliver. Coding today is a lot different than it was 10 years ago. Today, insurance companies want to know a lot of information about the patient. They want to know if they are improving or not. Before they submit a payment to your business, they want to make sure that you are doing what you claim. They also want to see if it was really necessary to do the tests that you say the patient needs.
Doctors are beginning to see that an expert coder is worth keeping around and paying good money to. A medical doctor has big overheads and licenses that they must pay for in order to operate their business. They seek higher returns each year and more money saved. They expect you to do this for them. Any biller that can is actually going to have a long time connection with their employer. It matters a lot to have a medical coder doing what needs to be done on a regular basis. It takes certification to educate yourself properly. In actuality, you can earn as much money as you want to. It is all up to how skilled you are.
About the Author:
Our company provides physician billing services and chiropractic billing services in the United States. A lot of our customers are hospitals, treatment centers and healthcare providers. We also have information on patient responsibilities, pre-certification, policy exclusions and payer payment estimates.
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