The increasing demand for medical coders in the healthcare industry has truly opened tons of lucrative opportunities for individuals looking for a fast-paced career in medical coding. According to the Bureau of Labor & Statistics, a medical coder has a median pay of $38,040; and the employment rate for this profession is likely to increase by 13% until 2020 which is much faster than most other professions.
Though the career outlook and prospects for medical coders look extremely attractive, let’s not forget that the job is equally demanding. What employers such as practitioners, doctors, and hospitals expect from medical coders is accurate and quick coding that helps them speed up and improve their revenue cycle and reimbursements from the insurance companies.
Let take a closer look at the job duties of technicians performing medical coding in New Orleans:
• Extracting Patient Data from Medical Charts
One of the most important responsibilities of a medical coder is to extract patient data on a day-to-day basis from medical charts created by doctors. These charts provide information about the procedures as well as diagnoses performed by doctors. In a complex case, a medical coder must collect this data from multiple physicians and translate each procedure and diagnosis into a relevant code.
• Code Research
Another task of a medical coder is to research for and interpret unusual medical procedures & unique kind of diagnoses. For such procedures and diagnoses, a medical coding specialist must search through medical dictionaries, anatomical charts, and other resources to translate them into accurate codes.
• Entering Data with Accuracy
Once medical codes are identified, the coding specialist must enter these in the hospital’s proprietary software program to compile and arrange information for every patient. The coder is also required to update and maintain other medical information in the system like surgery dates, doctors’ names, discharge codes, and types of anesthesia used.
Medical reports, diagnoses and procedures are transformed into universal codes to grow the physician’s practice and speed up the reimbursement process. Not only does it help doctors keep a track of the disease spread and effectiveness of a procedure, it also assists them in the medical billing process. These codes help bill and file insurance claims accurately and efficiently as they are passed on to medical billers to create claims.
Procedure codes like CPT (Current Procedure Terminology) and HCPCS (Healthcare Common Procedure Coding System) tell the insurer about the services performed by the doctor. On the other hand, diagnosis codes that are documented with the help of ICD codes show medical necessity or tell the insurer the reason for the medical procedure. All this helps in running a smooth billing process and minimizing the denial rate.
Medical Coding Certification Online Program
To perform the job duties of a medical coder, you must possess up-to-date industry knowledge, have sound technical prowess and the right set of skills to execute all tasks efficiently and accurately. For this, we recommend you to enroll in and complete medical coding certification online course.
Not only will it equip you with the right skills but also improve your chances of getting hired because employers prefer certified medical coding specialists over non-certified candidates. For more information about the program, call on 504.304.8826 and get in touch with us today.
Top 3 Advantages of Acquiring Certified Professional Medical Auditor Training in a Classroom Setting
The new trend of e-learning is now shifting the focus of students from studying in a classroom environment to acquiring education online. Though e-learning has its own advantages, acquiring education such as Certified Professional Medical Auditor Training in a classroom setting is equally or even more beneficial than completing this course (in particular) over the web. Continue reading to find out why?
Advantage #1— You Get Hands-on Learning Experience
Once you enroll in a medical technical institute in New Orleans and attend CPMA classes’ on-campus, you’ll get the opportunity to meet, communicate and interact with other students and experienced instructors.This is a great opportunity for gaining a hands-on learning experience.
To acquire CPMA certification, you must have at least 2 to 3 years professional experience as a medical biller or coder. This means that all other students enrolled in your classroom would be professionally trained medical coders and billers with field experience. Now imagine how much you can learn from them and their experiences as you interact with them over the course of the training program. Furthermore, these training programs are led by industry professionals and certified experts, giving you even more opportunities to learn and gain knowledge.
Advantage #2— Immediate Help and Support
Another big advantage of studying in a classroom setting is that you can resolve your problems and get answers to any question that might come in your mind during the session, immediately. Instant help and support from the instructor and other students is beneficial as you can understand the lecture in a better way. This further helps as you are able to grasp the lecture and retain all the key points with clarity and for much longer.
Advantage #3— Extra Assistance from the Classroom Instructors
The good thing about acquiring Certified Professional Medical Auditor Training in a classroom setting is that you can get extra assistance from classroom instructors after the session is over. This is not possible online. Extra assistance from instructors comes in handy if you have any queries about lectures or if you need guidance pertaining to the course, lecture or even the auditing profession. Instructors are willing to spend more time with students and provide them quality guidance in and outside the classroom.
When it comes to CPMA classroom training, we take pride in being the top choice of medical technical institute in New Orleans among medical coders and billers seeking to take their career to the next level and becoming auditors. Our institute is providing quality education and training for more than 20 years. For more information about the program, call on 504.304.8826 and get in touch with us today.