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Medical coding is one of the most popular work at home professions today, and is expected to grow in demand in upcoming years. In fact, the Department of Labor predicts that between now and the year 2014 the medical coding field will become immensely popular due to the boom in the medical industry. So if you are looking for a way to work from home and make a decent living medical coding may be just the thing for you.
A medical coder is often referred to as an administrative medical specialist. They are responsible for assigning medical code to different medical procedures and diagnosis. These codes are designed to aid in the reimbursement process for both patients and doctors from the insurance agencies or government.
Medical coders are employed by health care facilities, hospitals, and doctors. They code information using a database of over ten thousand standardized codes. Then medical billing specialist will use those codes to place claims to insurance companies concerning reimbursement of funds.
Becoming a medical coding specialist is a challenging, yet rewarding career choice. You will have to keep up with the ever-changing medical industry, including technology upgrades and advances in the types of procedures performed by doctors. In addition, medical coders are often handling accounts with huge amounts of money involved, so extreme accuracy is important.
Medical coding can easily be done from the convenience of your home. The Internet allows the coders to communicate with their employers, and handle all aspects of the job without ever stepping foot in a doctor’s office or hospital.
While many medical coders chose to work at home, it is often recommended that beginners try to gain some in office experience first. This is because without the proper guidance a novice coder may become overwhelmed and fall behind.
Most medical coding specialists have a beginning salary of $30,000. However, as you gain experience and skill at your profession it is not unreasonable to expect to make up to $75,000 annually.
Though the job itself is not difficult you do have to be thorough. The codes are often hard to remember and since precision is essential a coder should be trained before entering the medical coding and billing industry.
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