medical coding july17

10
Medical Coding – Coding your way to success!

Upload: accuprosys

Post on 24-May-2015

30 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Medical coding july17

Medical Coding – Coding your way to success!

Page 2: Medical coding july17

The flourishing demand in the medical history has opened up doors for medical coding and billing. This was something unheard of in the 1990s. The medical coding and billing have

come into being because of medical transcription. It can be said that medical

transcription has been instrumental in the emergence of medical coding and billing. This

is a good thing because it has caused the opening up of jobs for people. Medical coders have their work done in the back office or the billing office of hospitals. Companies have also sprouted up in developing countries like India which especially deal with medical coding and work from the USA is outsourced to India due

to huge cost savings. Medical coding right now is considered a lucrative business as the

medical coders get paid a lot in India and this also hinges upon the experience they have.

Page 3: Medical coding july17

The medical coders work on reviewing and completion of the system of medical

claims which assist hospitals and clinics in getting compensation from insurance

companies for the services and facilities rendered by them. The medical coding

field is a very complex one because of the sensitivity of the involved of patient

information and insurance claims; hence; the medical coding training involves

specialisation and skill to complete it with success. Also, since money is involved in this, a lot of care should be taken by the coders, because a small coding mistake can charge the hospitals large sums of money or the other way around, more

money is received by them than they are supposed to.

Page 4: Medical coding july17

Administrative errands like processing, reviewing, and

submitting of medical claims, as well as good interpersonal and communication skills are

needed for medical coding job. Being computer literate with the capacity of being a fast learner is required since the

medical coders would be working on billing and coding-

related software.

Page 5: Medical coding july17

High school/intermediate education is usually required to become a medical coder or biller.

Having come from life sciences education background would be an added advantage, but it is not a necessity. Having being trained in a reputed training institution would be more than enough. Medical coding training is offered by most of the

institutes on the Internet with classroom teaching options and also there is medical coding

certification that is provided at the completion of the course. There is an option also of part-time

study. Medical coding can be considered as a very good option after the completion of ones education

and for them to be job ready.

Page 6: Medical coding july17

Why to Choose the Right Training Institute?

Medical coding is a very complex profession because of the sensitivity of information involved

and also the money. It is important to be well equipped with proper skills. Certification also is a mandatory need considering the competition out there. Hence, choosing the right training institute

for medical coding would do great good and would surely arm them in getting ready for a

successful medical coding career. The training institute also should train the students in the

nuances of everything related to medicine. This is required since there could be also student who

are not from the medical or life sciences background. Also, emphasis is placed on the

communication and soft skills of the students to make them job ready. Most institutes recruit

practicing doctors to teach the students. Finding one with such merits would help the students a

great deal.

Page 7: Medical coding july17

Medical Coding Challenges:

It should be noted that medical coding is a high-pressure job. Hence, there is a huge requirement for quality medical coders.

Coding is intriguing challenging because they work with sophisticated systems which alsi

involves paper and electronic records. There also could be times when the coders would have to work on double enter the codes into billing and clinical systems. Also, there could be times when the electronic record could be

uneven and also there could be a lack of important information. In these situations, information from many different sources

would need to be gathered and sometimes this could cause errors or information to be

overlooked or missed.

Page 8: Medical coding july17

Medical coding inherits with it the test to conserve productivity as well as the quality of work. Good medical coding training given

by a good training institute could help individuals to posses the much needed skills to cope with the requirements of this field. There is no room for any errors in medical

coding as this could cause huge losses to the hospitals or the insurance companies that

are involved. Lawsuits also could follow and things could also get ugly and the medical

coding company could be taken into account for the damages and this could lead to the

end of the medical coding company. Hence, keen observation and punctilious method is

the need of the hour always. Although medical coding is a lucrative field, with this

comes a lot of responsibilities too. The medical coders should be trained to handle

on-the-job pressures that comes with it.

Page 9: Medical coding july17

In conclusion, medical coding is a promising careers and pays rich

dividends in the long run and also the work is not mundane or boring.

Hence, the coders would be needing to use a lot of their mind and they thinking and this keeps them on their toes and their work

interesting. Money is not a problem, as it follows people who genuinely work hard, and medical coding is not for people who would

like to take things easy.

Page 10: Medical coding july17

IkyaGlobal are one of the premier institutes that offer

quality medical coding training and certification and also placement in the best

companies.