High School: Are You Thinking About A Medical Billing Career?

By Alex Northwood


High school graduation is just around the corner. Before you know it, school will be out and you will be tossing your hat up in the air. Many high school students today will be going onto college in order to get a good education in a specific major. Many high school students are seeing medical billing as a good career move. I can tell you that the industry is expected to grow by around 25% over the next decade. The field of healthcare is promising. The jobs are often secure as you gain experience and education. Many medical billers today are earning six figures for their knowledge. Getting these high salaries takes time, knowledge and education.

It is important to prepare yourself for the future. For starters, enroll in a program that is regionally accredited. When you do this, you are opening doors to a whole new outlook on life. Look at your life and feel a sense of belonging. You can easily work towards a specific goal in life. You need to ask yourself if you are willing to take time out to perfect your skills in billing. If you are, then it is a huge blessing. I say this because your education will pay off.

You will also need to learn how to do utilization management and verification of benefits. You need to look at billing uniquely. Many medical billers in states like New York, New Jersey and California are making $100,000 a year because of their time and experience in the field. You can earn a good living as a medical biller. However, the field of making money in billing is changing. For starters, you need to know what regulations a medical biller must follow. There are certain laws that cannot be broken.

Your boss is depending on you to get them higher returns. Most doctors today are losing a lot of money because of incorrect billing. Many doctors are making their in house administrative team do billing. However, they are not specialists in the field and cannot possibly know enough information to get them proper reimbursement. Once you graduate college, you will need to get certified in ICD-10. This is the new coding system that got released on October 1, 2015. It has around 100,000 codes that you need to become familiar with. Most people working in the field today do not have the experience to work with these new codes and for many good reasons. For starters, it takes time to learn them. Getting a good education in anatomy today will help you to become a better biller. You and the doctor can discuss what should be inputted into the software. When you input information correctly, insurance companies are most likely to accept your claim.

While you are in school, you will probably hear someone say to you, "The insurance companies are taking over healthcare. They are trying to boss the doctors around." This is not true for many reasons. For starters, many doctors are confused when it comes to insurance companies and medical billing. The fact is that insurance companies expect billers to do their job correctly. If your data is incorrect, they are going to deny your reimbursement. Does it mean that they are against doctors? The answer to this question is no. In fact, they often want to help you to put in the data correctly. Of course insurance companies want to save money. However, they are not going to do the work for you.




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