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What is Medical Billing and Coding?

Health Insurance Companies Process 1 in 5 Claims Wrong

Everything You Need to Know about Medical Billing and Coding

Medical billing and coding is our specialty here at Capture. Our friends at Trade-schools.net, created a simple and easy to understand infographic that explains the question “What is Medical Billing and Coding?” Medical billing is one of the fastest growing careers in healthcare increasing at an estimated rate of 20% a year. With all the changes happening in healthcare, having a dedicated medical biller or billing company on your side is vital.

What is Medical Billing and Coding?

is a 20 year veteran of healthcare having managed medical practices. He advises medical practices, physicians and practice administrators on how to run their practice and manage their medical billing and revenue cycle management. Manny speaks, blogs and makes videos at www.CaptureBilling.com, a blog that is tops in the medical billing and coding field. READ MORE

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5 Responses to What is Medical Billing and Coding?

  1. Medical billing is really a central pillar of any health care practice. It can help alleviate that burden, but it might end up being more expensive. In emergency conditions, insurance will still cover. The insurance company has a formula to calculating payment. Insurance is good for doctor and patient.

  2. Hello Manny,

    I am curious what you think about jobs in the medical billing and coding fields being moved overseas to places like India or China? More and more firms are out-sourcing these jobs. I know that the field is currently growing but what will happen to new graduates and certificate holders who simply can’t find jobs due to this out sourcing?

    Sincerely,
    Jay

    • Hello Jay —

      There are plenty of billing and coding jobs out there now and will be in the future. The problem with new graduates and certificate holders who can’t find a job is not because of outsourcing, it is due to the lack of experience.

      I am part of many billing groups and forums and the biggest complaint I hear from new grads is that they can’t get hired becasue even though they have paid for training they have no experience. Employers want experienced people.

      As a former practice administrator and current billing company management I can tell you that I do look for experience in billers and coders.

      It’s a catch 22 situation you need experience to get hired but you can’t get hired without experience.

      We teach billing classes and we always tell our students to get any job at a medical office to get their foot in the door. From there make it known they would like to do billing. Hang around the billing department and help when you can. When a low level opening opens up in billing be available and take it regardless of what it is or pay. You are now in billing. Stay there for at least a year. Now you have experience to put on your resume and are ready to find a good billing job.

      Of course a practice may be willing to hire someone with experience, which would be great, but those are hard to find.

    • Hi Lisa —

      At our medical billing company no one works from home so I can’t tell you much about it. We want to be very careful when it comes to HIPAA. I am sure there are plenty firms out there that allow work from home. If you are not in healthcare now I would suggest trying to get a job in a medical office to get the experience as it can be hard to break into the field without expereince. Medical billing and coding takes several years worth of experience to become proficient. Best wishes. –Manny

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Capture Billing helps medical practices by reducing their insurance accounts receivable and getting claims paid faster, allowing doctors to focus on providing quality healthcare to their patients without the stress of doing their own medical billing.

That’s why we developed Capture Billing’s Rapid Revenue Recovery System to keep our clients’ Accounts Receivables down and their revenue flowing.

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Disclaimer

The analysis of any medical billing or coding question is dependent on numerous specific facts -- including the factual situations present related to the patients, the practice, the professionals and the medical services and advice. Additionally, laws and regulations and insurance and payer policies (as well as coding itself) are subject to change. The information that has been accurate previously can be particularly dependent on changes in time or circumstances. The information contained in this web site is intended as general information only. It is not intended to serve as medical, health, legal or financial advice or as a substitute for professional advice of a medical coding professional, healthcare consultant, physician or medical professional, legal counsel, accountant or financial advisor. If you have a question about a specific matter, you should contact a professional advisor directly. CPT copyright American Medical Association. All rights reserved. CPT is a registered trademark of the American Medical Association.

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Capture Billing is a Medical Billing Company based in South Riding Virginia.

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