Why attending a medical billing and coding training program in new york is beneficial

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Did you know that the Bureau of Labor Statistics predicts that over 37,000 new jobs are expected to be available for trained medical billing and coding specialists by 2020? That statistic emphasizes that now is the right time to enter this exciting field.

Transcript of Why attending a medical billing and coding training program in new york is beneficial

Page 1: Why attending a medical billing and coding training program in new york is beneficial

Why Attending a Medical Billing and Coding Training Program In New York Is Beneficial

Did you know that the Bureau of Labor Statistics predicts that over 37,000 new jobs are expected to be available for trained medical billing and coding specialists by 2020? That statistic emphasizes that now is the right time to enter this exciting field. A medical billing and coding specialist has a variety of responsibilities, the most prevalent of which are making sure that all of the billing information for a patient is correctly coded so that their insurance is billed for the proper procedures. Although some states do not require formal education or certification, most employers prefer applicants that are properly trained. Therefore, if you are looking to pursue a career in this growing field, it is suggested that you attend the right medical billing and coding training program in New York for you.

The medical billing and coding specialists are required to know the standard billing codes to ensure uniform billing of each patient. The coding system that is in place is at times being updated, therefore a coding specialist needs to keep updated on the newest developments as well. Besides coding procedures and billing insurance companies and patients, medical billing and coding specialists are also responsible for keeping detailed records of healthcare services provided to the patient. Such skills can be learned by attending a medical billing and coding training program in New York.

The American Health Information Management Association (AHIMA) also emphasizes that good communication skills, the ability to work independently and high ethical standards to ensure confidentiality are vital skills for medical billing specialists to have. These are also the skills that are considered by employers when evaluating candidates. An educated and experienced medical billing and coding specialist can earn an average salary of $32,350 per year as per Bureau of Labor Statistics. Depending on their skills, certifications and years in the field, some professionals earn up to $53,000.

While educational requirements vary from state to state, employers prefer applicants to be certified as Certified Medical Reimbursement Specialists (CMRS). The certification process typically takes 9 to 12 months to complete and incorporates courses of medical terminology, insurance procedures, billing and coding procedures as well as computer database management.

New York Medical Career Training Center in Flushing, New York offers a 60-hour program that prepares students to take the certification exam. The curriculum includes an overview of medical insurance coding procedures as well as insurance billing procedures. Through computerized billing simulations, students learn how to create, edit, save and retrieve patient files as well as how to post payments to patient accounts,

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resubmit and correct rejected claims and more. To find out more information about this medical billing and coding training program in New York, visit us online.