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Job Description The job of a medical biller is to submit medical claims to insurance companies and payers like Medicaid and Medicare. The role of a medical biller is to ensure the financial cycle of each medical professional ranging from a single provider practice to a big healthcare center. The job of medical billing needs appropriate attention to every detail and a good amount of experience with paper and electronic systems used in billing medical services. A professional medical biller is entrusted with timely checking and submitting professional and technical medical claims to the insurance companies. The job position can be in nursing homes, physician offices, healthcare facilities, or hospitals. Job Duties The occupational duties of a medical biller are as follows- Obtain pre-authorizations and referrals as needed for medical procedures Review patient bills for ensuring completeness, accuracy and obtain missing details (if any) Checking the verification, benefits, and eligibility for methods, hospitalization, and treatment Review, prepare and transmit claims with the use of billing software, paper, and electronic claim processing Identify and bill tertiary or secondary insurance Call and contact insurance companies in case of any discrepancy in the payment procedures Follow up on the unpaid claims that are within the timeframe of the standard billing cycle Research as well as appeal denied claims Update billing software Set up payment plans for patients and collection accounts. Update cash spreadsheets and run collection reports Job Titles Medical billing and coding is just an entry-level job role. You can transition yourself into other medical careers after gaining significant experience. The salary depends on the location and experience as well. As per the Bureau of labor statistics, the average pay scale for medical billet is $44090 every year or $21.20 each hour. Some job titles of the medical billers in the advanced stages of careers are as follows. Medical Claims Processor With good experience in the medical billing profession, you can become a medical claim processor and earn $46 k annually. You get the opportunity to be hired by top health insurance companies for processing claims that other medical facilities send for reimbursement. You may need to get additional certification as CMRS (certified medical reimbursement specialist). Medical Secretary You can advance to the position of medical secretary, where you get to earn $52.8k annually. After obtaining certification in medical billing, you need to pursue certification in medical secretary certification. You will be entrusted with administrative work within the medical facility and deal with charting and billing. Medical Coding Manager Suppose you like the work of a medical billet and coder but wish to increase the salary opportunity. In that case, you can become a coding manager where your role is to oversee the work of other medical coders and billers within the hospital. After earning experience in the medical billing/coding field, you can go for AHIMA Or AAPC coding certification and earn a salary of $82656 annually. The job outlook of medical billing jobs The employment outlook of a medical billing job is quote better, and it is estimated that there will be an increase of 11% in the medical billing field from 2018 to 2028. The median salary of a medical biller in the year 2018 was $40350 as per reports of BLS. The hourly rate of a medical biller varies between $17 and $20 each hour. They also get a share in profits and bonuses. CPC training Hyderabad trains you with the right training and education to get the desired job as a medical coder or biller within the healthcare sector. Medical coding training helps you gain better experience to fulfill the potential duties of a medical biller.
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