Would you prefer to work at home in an occupation that’s in excessive demand? Do the medical and healthcare fields curiosity you? Then maybe a work-from-home medical coding and billing job is your calling.
To work as a medical coder and biller, you’ll must have familiarity with well being info administration (HIM), medical terminology, and medical file coding.
Most employers require billers to acquire knowledgeable coding certification. Fortuitously, certification is feasible in a matter of 4-12 months with on-line coaching out there.
Whereas expertise within the medical discipline isn’t required, when you’ve labored in healthcare earlier than, turning into a coding and billing specialist is a good way to use your expertise and information with the flexibleness of working from house.
What’s Medical Coding and Billing?
Each time a physician interacts with a affected person, a code is assigned to their motion. Bodily exams, lab checks, procedures, and coverings are all assigned a code. These numeric codes are referred to as “Present Procedural Terminology” or CPT codes. Every prognosis can also be coded with the “Worldwide Classification of Illnesses and Associated Well being Issues” or ICD-10 code. This common numeric language ensures that medical doctors, healthcare suppliers, and insurance coverage corporations use constant terminology and codes.
Your job as a medical coder and biller is to evaluation the charting achieved by the physician, nurse, or medical specialist and make sure that it goes onto a “invoice” or kind submitted to insurance coverage corporations for reimbursement. Some coders examine for accuracy and overlapping codes, whereas others give attention to insurance coverage laws and billing necessities. Medical billers and coders should sustain with ever-changing codes and evolving info within the healthcare trade. Medical billing specialists assist stop fraud, waste, abuse, and errors throughout the medical trade by guaranteeing sufferers and insurance coverage corporations are invoiced accurately.
How A lot Do Medical Coders and Billers Earn?
Medical billers and coders are in demand! In line with the US Bureau of Labor Statistics, the outlook for medical information and well being info specialists is projected to develop at a fee of 7% within the subsequent ten years. As a result of this development, earnings and alternatives for medical billing and coding professionals are steadily rising. On common, medical coders earn $22.43 per hour with a mean wage of round $46,660 yearly. Coders and billers can earn larger pay by persevering with to coach and specialise in areas like psychiatry, oncology, rheumatology, and extra.
Impartial Contractor vs. Worker Standing: What You Have to Know
Many work-at-home medical billing specialists work as unbiased contractors. This implies they’re answerable for setting their very own hours and charges. It additionally means as a 1099 contractor, they’re in control of reporting earnings and submitting their very own taxes. Impartial contractors tackle as many or as few jobs as they like. Contractors are sometimes answerable for offering their very own gear (together with computer systems and printers) and invoicing the contracting enterprise for his or her providers.
Workers, then again, work for a corporation instantly. The corporate dictates hours and parameters resembling pay and advantages. Being an worker gives construction and stability however at the price of flexibility. There are execs and cons for each conditions, however when you’re working from house as an unbiased contractor, you’ll have the liberty and the chance to work with a number of purchasers.
Analysis the professionals and cons of turning into a 1099 contractor earlier than you start. Remember the fact that classifications can range by state, so you’ll want to examine together with your native Labor Division and the Division of Workforce Growth.
Medical Billing and Coding Training Necessities
To turn out to be a medical coder and biller, most employers require certification by way of the American Academy of Skilled Coders (AAPC) or the American Well being Info Administration Affiliation (AHIMA).
As a result of the job is very detailed and there’s quite a lot of info to soak up, even these with a medical background resembling nursing will discover it useful to take a medical billing coaching program.
Many certification packages are supplied on-line and embrace graduate assist providers to help with job placement. The one we advocate is CareerStep, the place you possibly can full your coaching on-line in as little as 4-6 months. In addition they provide cost choices, navy reductions, teaching, and so they have an A+ score with the Higher Enterprise Bureau.
CareerStep prepares college students for the next certification exams and even provides them a free voucher to take one of many following:
- Licensed Skilled Coder (CPC) – licensed by AAPC
- Licensed Outpatient Coder (COC) – licensed by AAPC
- Licensed Billing and Coding Specialist (CBCS) – licensed by the Nationwide Healthcareer Affiliation (NHA)
- Licensed Coding Specialist Doctor-Primarily based (CSS-P) – licensed by AHIMA
In line with nurse-turned-medical-coder Tricia Mitchell, “Certifying is the important thing to success for people who’re new to medical billing and coding as a result of it proves you’ll be able to full the job and CareerStep teaches you all the must know the info with a purpose to go the certifying examination. They despatched me the contact info for my present employer, and I used to be capable of finding a distant coding place proper after graduating.“
What Firms Rent Distant Medical Billers and Coders?
For those who’re on the lookout for medical billing and coding jobs, there are a couple of sources you must discover. For those who have been beforehand employed within the healthcare trade, you may wish to community together with your former employers and coworkers. Ask how they’re at the moment dealing with their workplace billing and in the event that they’re outsourcing by way of an organization or dealing with all of it in-house.
For those who’ve accomplished a program like CareerStep, their community of potential employers could give you loads of alternatives to discover. Another choice is to peruse the work-at-home job listings on the following websites:
Aviacode is among the largest medical coding corporations within the US. All coders should be AAPC or AHIMA licensed and go a preliminary take a look at. Employment is obtainable part-time, full-time with advantages, and per diem (work 1-40 hours per week) foundation.
- Most positions require expertise
Change Healthcare actively recruits coders from July-November. It’s essential to have CRC, CPC, or CCS-P certification by way of AHIMA or AAPC.
- Hires new and skilled coders
Cigna hires distant HCC coding auditors, medical coders, and Medicare medical information coders. Coders will need to have some sort of coding certification, resembling CPC, CCS-P, CCS-H, RHIA, or RHIT.
- Most positions require no less than 1 yr of expertise
Conifer Well being Options hires inpatient coders, edit coders, in addition to senior and specialty coders. It’s essential to have a level in Well being Info, Nursing, or formal coding coaching. Positions include advantages like paid break day and a retirement plan.
- Most positions require 1-3 years of expertise
5. CSI Firms
CSI Firms is a staffing company that connects companies with medical coders and billers. To find the work-from-home positions, filter your search by checking the distant and medical coding checkboxes. Positions are location-dependent, and also you’ll begin off working as an unbiased contractor.
- Most positions require 1-3 years of expertise, however I’ve seen postings for entry-level staff
CVS hires licensed medical coders to work at home! Usually these positions are a part of the Aetna, Medicaid, or Medicare partnership with CVS. Most of those distant jobs may be achieved from any state within the US.
- Most positions require 3 years of expertise and coding certification from AAPC
Gainwell often hires licensed coders to carry out audits of medical information to find out the accuracy of the codes billed on insurance coverage claims. Some positions are absolutely distant, whereas others are hybrid work preparations.
- Most roles require 2 years of expertise
GeBBS Healthcare Options hires medical coders from the US, India, and the Philippines. Positions are usually location-dependent and require the suitable certification and coaching. Full-time positions additionally include a bunch of advantages.
- Most positions require 1-3 years of expertise, however I’ve seen postings for entry-level positions
iMedX hires quite a lot of medical coders from Atlanta, Georgia. They’ve part-time and full-time positions, requiring people to have gone by way of a proper coding program.
- Most positions require 3-5 years of expertise
10. Mayo Clinic
The Mayo Clinic hires licensed coders in one of many following areas: Registered Well being Info Technician (RHIT), Registered Well being Info Administrator (RHIA), CPC, or CCS.
- New coders should work onsite for one yr after which are eligible for distant work choices
R1 hires distant coders based mostly within the US. A lot of the positions are for full-time hours and require CCS-P or CPC certification.
- Positions require prior coding expertise
TCN hires distant coders in quite a lot of specialties. It’s essential to dwell and work within the US and have one of many following certifications CPC, CCS, RHIA, RHIT, or RCC.
- Should have 3-5 years of expertise
UnitedHealth Group hires distant, US-based coders in all kinds of specialties. Coders will need to have a highschool diploma and CPC, CCS, RHIT, or RHIA certification.
- Should have prior expertise
For those who’re nonetheless struggling to search out work-from-home medical coding and billing job, you possibly can all the time attain out to medical practices, healthcare services, medical health insurance corporations, and doctor places of work in your space to see if they’re hiring. FlexJobs is one other good spot to search out distant coding jobs.
Watch Out for Medical Billing and Coding Scams
Sadly, many scams exist that prey on college students in search of coaching within the medical billing and coding trade. Actually, there are such a lot of scams on the market; the FTC has launched an investigation and crackdown on lots of the scammers. Remember there are various scams promising prompt work or 30-day coaching packages.
For those who hear of alternatives that sound too good to be true or assure employment straight away, your radar ought to go off. Medical billing and coding positions require months of coaching and certification. They could additionally require you to study on the job or acquire some expertise earlier than you discover work-at-home alternatives. The coaching service ought to be related to and endorsed by skilled teams just like the AAPC or the AHIMA. Search for medical billing and coding coaching corporations accredited by the Higher Enterprise Bureau as properly.
Turning into a medical biller or coder is a superb work-at-home alternative. There are actually many positions out there when you’ve gone by way of the suitable coaching and certification. For those who’d take pleasure in working within the medical discipline, billing and coding is a superb space to discover!
Have you ever thought of working as a medical coding and billing specialist? Are you aware somebody who’s working on this discipline? Drop us a notice beneath; we’d love to listen to from you!
Initially printed March 26, 2018. Content material up to date November 2022.