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Each year, in the United States, healthcare insurers process over 5 billion claims for payment. Healthcare in America is an explosive industry accounting for the top 3 producers in gross national product (and income) and outpaces most other industries in terms of projected growth. The Medical Billing program prepares students for employment as medical billers, patient account representatives, and medical claims reviewers. Graduates will acquire a general knowledge of the healthcare field with a focus on being able to understand and code medical diagnoses and procedures and to bill accurately and ethically. Nature of Work—Graduates can be employed by physician offices and clinics, medical group practices, managed care companies, insurance companies, hospitals, and other health care providers. The Medical Insurance biller is involved in every phase of medical insurance billing from receiving patient information through receipt of payment. In this field, students are responsible for insurance card interpretation, coding procedures, understanding and complying with insurance, Medicare, Medicaid, worker's compensation and other requirements. Job Related Titles—The Medical Billing program prepares students for employment as medical billers, patient account representatives, and medical claims reviewers. Related Programs—Coding Specialist (31 credit hours), Health Information Technology A.A.S. (66 credit hours), Medical Transcription (20 credit hours) Billing program graduates who wish to complete the Coding Specialist certificate must fulfill the BIO-115, MRT-111 and MRT-108 prerequisites before they will be allowed to register for MRT-112 Clinical Classification Systems. Employment Outlook—Employment prospects for Medical Billing Specialists are very good. This program is designed to meet the challenge presented by the rapidly changing world of health care reimbursement. Job openings are expected to grow as fast as average, or about 10 to 20 percent. In May 2008, median annual earnings were $30,610. For job and internship listings and job search assistance, contact the Job Resource Center in the Student Services Center, S202, (708) 974-5737, www.morainevalley.edu/jrc. Source: Bureau of Labor Statistics, 2010-2011 |
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Medical
billing is one of the fastest growing healthcare jobs. Hospitals, private
practices and clinics could not survive without someone who efficiently handles
their day-to-day medical billing procedures. A medical biller's job
responsibilities can include: expert management of healthcare billing
processing, adjusting and resubmitting of claims; adherence to current
healthcare industry regulations and polices; and compliance with insurance
procedures and allotted benefit coverage.
